Active

27403 Pacific Coast Highway

Malibu CA, 90265

$16,750,000


$1,915.60 per sqft

Active

7 Beds

10 Baths

8,744 sqft

Residential

Built in 1943

Listed by Pamela Van Ierland with Coldwell Banker Realty 310-487-8799

* Photos by Noel Kleinman Tom Petty's Estate in Malibu available for sale. The Iconic Malibu Estate of the late Tom Petty is truly magical. This sprawling 8,744 square foot estate sits on 2.6 acres and has flat grassy lawns, numerous fountains, ponds with waterfalls, and gorgeous jasmine covered archways, bougainvillea trellises, and tropical flowers overlooking ocean views. The estate is located in central Malibu, close to Escondido Beach. Upon entering, you will see hallways covered with antique wall sconces and vintage style chandeliers that compliment the 5 unique fireplaces throughout. There is a formal great room with hand carved skylight covers and a sizable fireplace that Tom renovated to suit his taste. There is a wood lined library and TV room along with a music room where Tom used to play piano and write hit songs. Moving along this single story marvel, you come upon the kitchen and informal dining area. Mediterranean in feel, this large chef's kitchen has skylights and a center island where many meals were shared, including a large butlers pantry and attached laundry room. Majority of doorways to the exterior offer stunning views of wall fountains where you can hear the cascading water sounds throughout the house. Off the kitchen is a masterpiece of a formal dining room with a fireplace and seating for 16. The 3 guest bedrooms are on a slightly lower level, all en suite with views of the pool or ocean. A lovely sitting area and separate office area round out this end of the estate. These bedrooms also have an outdoor living area and built-in BBQ. Throughout the estate there are limestone touches, gorgeous dark wood floors, Spanish tiles, Mediterranean tiled bathrooms and so many architectural details you simply must see it. At the other end of the estate is the primary suite Tom shared with his lovely wife, Dana. The bedroom has a stunning fireplace, private patio with a wall fountain and an extensive primary bath/retreat with a built-in vanity area. The primary retreat features an additional fireplace and closet has a large center island of built-in cabinets. Just off the bath area, there is a gym and massage/yoga room connected to a 3/4 bath. Upon exiting the main residence you walk past another of the many fountains to the studio. Tom's music studio was created from a 2 bedroom guest house and 2 car garage. The studio consists of a living room, full bathroom, 2 rehearsal rooms, and 2 large recording rooms that held mixing equipment. * Note: While the room is no longer equipped with the mixing board, it is still pre wired to easily bring in another one. The studios are outfitted with acoustic walls and ceiling. This is where he recorded many songs while living here as his primary residence since 1998. If you do not need a professional recording studio, you can use it as a screening room, bar area, or a billiard/game room. This space could also easily be renovated back to a 2 bedroom guest house with 3 car garage. Around the corner, is a staff quarters with a bathroom and at the very end of the estate is a separate 1 bedroom guest house with views of a massive corral tree and pond/fountain.Parking for at least 10 -15 cars on site plus street parking just outside the gate. Luscious lawns, tropical flowers, and fountains make this a serene and intoxicating place to call home. The estate is equipped with a new state of the art generator and solar panels. There is a Sport Court ready for Pickleball players and seating surrounded by your very own fruit tree orchard. The Petty's considered this home to be their sanctuary, filled with magic, love, and music. It will make the next lucky guardian feel incredibly blessed.

24414097

MLS ID

July 26, 2024

Listed

November 22, 2024

Updated

Map

27403 Pacific Coast Highway
Malibu CA, 90265

Interior Features

Total Stories

1


Bedrooms

7


Total Bathrooms

10


Full Bathrooms

7


Half Bathrooms

2


Three-Quarter Bathrooms

1


Interior Features

Atrium, Multiple Primary Suites, Walk-In Pantry, Walk-In Closet(s)


Appliances

Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer


Floor Description

Carpet, Wood


Fireplace

Yes


Fireplace Description

Dining Room, Library, Living Room, Primary Bedroom


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

2.6 Acres


Architectual Style

Mediterranean

Other Property Details

Area Name

C33 - Malibu


Days on Market

116


Garage

Yes


Parking

Door-Multi, Door-Single, Driveway, Garage, Guest, Gated


Parking Total

2


View

Yes


View Description

Courtyard, Ocean, Pool, Trees/Woods


County

Los Angeles


Pool

No


Pool Features

Heated


Zoning

LCR120000*

Listing History

Date

Event

Price

10/14/2024

Price change

$16,750,000

-12%

Listing Contact: 310-457-6550 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 6:42 PM UTC

 

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