Fans shouldn’t back down from the chance to own Tom Petty’s former estate in Encino, California, which is now on the market. The famous icon, who died in 2017, custom-designed the house in the 1980s, when the original house that stood in its place burned down due to arson.
The three-floor house, which features six bedrooms (with two master suites) and 10 bathrooms, is on the market for $4.995 million. The mansion – which, at 11,483 square feet, is sizable to say the least – has a stone and timber exterior that is decorated with ironwork terraces. The interiors boast an airiness and a rustic aesthetic, from the distressed-wood beams to the extensive windows that include the skylights. Outside, the estate is trimmed with a pool and a waterfall. Petty’s music studio has been reestablished as a cabana, which features an exercise room and a wine cellar.
Petty inhabited the house from the 1980s to 1996, and it was then transferred to his ex-wife, Jane Benyo, during their divorce. In 2015, the bank foreclosed on the estate. In 2017, the current owners, who are selling the home, purchased it from the bank for $2.6 million.
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