Tom Petty's Former LA Home on the Market for $4.9M

The late rocker once had a recording studio here

October 24, 2019

Tom Petty fans: listen to your heart, win the lottery, and buy this spectacular piece of real estate. One of the late rocker’s former homes in Los Angeles is on the market.

The 11,500 square foot mansion in the San Fernando Valley’s Encino neighborhood has an asking price of $4.9 million. It features 6 bedrooms and 8 full bathrooms, along with 2 half baths. The home is wrapped in outdoor living space complete with a pool.

From the official listing: “Located on nearly one acre of park-like grounds at the end of a private driveway lined with a canopy of trees in Encino’s exclusive Rancho enclave, this gated and very private estate evokes a magical vision of romance and tranquility.”

The home was built in 1989 and also includes a wine cellar, gym, massage room, creative work space, kitchen, vocal booth, den, and fabulous guest suite. The bottom floor was the location of Petty’s onetime recording studio, which was the only part that survived a 1987 fire.

According to the LA Daily News, the current owner is Randy Spendlove – head of motion picture music at Paramount Pictures, who is selling because of a change in “family dynamic.”

Petty died in October 2017 at the age of 66. He had performed his last show at the Hollywood Bowl just a week earlier.

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