Tom Petty’s Malibu Home Finally Sells

by toptenrealestatedeals

Tom Petty’s Malibu home, which he bought in 1998, has sold for $11.2 million, after a long series of price cuts. The seven-bedroom Mediterranean-style main home, a guest home, a recording studio, seven bedrooms, a pool and 2.6 acres came on the market in 2024 at $19 million and was later reduced to $15.49 million and $12.99 million. Petty died in 2017.

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