Tom Petty’s Malibu Beach House Sells For Over Asking

It’s a sale for legendary rocker Tom Petty! 

After listing his Malibu beach home—and its large beach frontage—for $9.85 million in December, Petty has sold the property for $10,250,000.

The Escondido Beach property boasts three bedrooms and three bathrooms, along with the aforementioned 66 feet of beach frontage. Described in marketing materials as a masterpiece in wood, brick and stone, the design includes very tall wood ceilings, lustrous paneling, wood plank floors and an open flow. 

The central living area comprises a living room and kitchen divided by a large fireplace and floor-to-ceiling brick chimneypiece. A wall of glass on one side of the living room opens to the ocean-view deck, with ample room for lounging and al fresco dining, plus steps down to the sand. 

The well-equipped kitchen has generous counter space and a wide bank of garden windows. Off the kitchen is a separate formal dining room with library shelving and a sliding glass door to the oceanfront deck. 

The guest house is currently used as a studio, boasting chandelier-height truss-and-beam ceilings, a kitchenette and a bathroom. The private brick patio and full-width ocean-view deck were also likely major selling points!

California Listings Malibu expert Chris Cortazzo held the listing and repped the buyer.