×
You will be redirected back to your article in seconds

Tom Petty’s Former Encino Mansion Comes Up for Sale

Location:
Encino, Calif.
Price:
$4.995 million
Size:
11,483 square feet, 6 bedrooms, 10 bathrooms

An Encino, Calif., mansion originally custom-built by late and legendary rock star Tom Petty has come up for sale at almost $5 million. The existing residence, a three-story timber-and-stone structure laced with intricate, geometric wrought-iron terrace railings, was custom built by Petty in the late 1980s after a heartbreaking 1987 arson fire destroyed everything but the three-time Grammy winner’s basement-level recording studio.

Petty’s ex-wife, Jane Benyo, retained the property in their 1996 divorce but lost the house to foreclosure in 2015. The current owners, who have extensively updated and renovated the entire property, obtained it from the bank just over a year ago for almost $2.6 million. There are a total of six bedrooms and 10 bathrooms in almost 11,500 square feet.

A soaring atrium with dizzying circular staircase serves as a hub around which spoke a handful of living and entertaining spaces, including a cavernous living room under a vaulted and skylight-lined driftwood-beamed ceiling with an immense stone fireplace; a semicircular dining room; a vast kitchen with two marble-topped islands; and a family room anchored by a huge whitewashed-brick fireplace. There’s also a greenhouse-style breakfast room, a windowless media lounge with wet bar and sunken seating area and a lofted office space with pint-size wet bar.

The property contains two master suites, one with an oversize sitting area, marble-tiled fireplace and marble-sheathed bathroom, the other with a morning bar, massage room and meandering, multilevel bathroom where a wall of floor-to-ceiling glass looks out on a waterfall that tumbles down a jagged rock wall. Located in what was Petty’s recording studio, the pool house includes a lounge, wine cellar, exercise room and full kitchen.

Coincidentally, Petty’s former lakefront villa in Ventura County’s picturesque Lake Sherwood community has been for sale since March 2017 at a steadily declining variety of prices that started at just under $6.2 million and have since sunk to a smidgen less than $5 million.

The property is represented by Craig Knizek and Ninkey Dalton at The Agency.

More Dirt

  • Gary Newman House

    Craig McCaw Sells Montecito Escape to Former Fox CEO Gary Newman

    Oceanfront properties near Montecito’s scenic Miramar Beach rarely trade hands, so it’s almost always a newsworthy event when they do —  and so it is with the transfer of a half-acre estate on coveted Fernald Point. Built way back in 1900, the senescent compound was dramatically overhauled in the mid-2000s, then redone again following its [...]

  • Louis Tomlinson House

    Louis Tomlinson Lists at a Loss in Los Angeles (EXCLUSIVE)

    Former One Direction-er Louis Tomlinson, now a judge on Britain’s “The X Factor,” the very same televised talent show from which he was launched into international teenaged superstardom in 2010, has put his home in a famously celeb-favored neighborhood in the foothills above Hollywood, Calif., up for sale at $6.995 million, a notable amount less [...]

  • Anna Camp Skylar Astin Sell Los

    Anna Camp and Skylar Astin Split and List in Los Feliz

    Having split up earlier this year, actors Anna Camp and Skylar Astin have listed their 1920s Spanish Colonial residence that borders a busy thoroughfare in L.A.’s celeb-favored Los Feliz area for a wee bit less than $2.5 million. The erstwhile couple, whose romance took flight on the set of the “Pitch Perfect” musical film franchise, [...]

  • Nick Zano Rents Calabasas Home

    Nick Zano Seeks Tenant for Mountain Retreat

    Just months after it sold for close to $1.6 million and then received a lickety-split quick cosmetic renovation, a semi-remote spread in the scenic foothills between Calabasas and Malibu, Calif., owned by “Legends of Tomorrow” star Nick Zano, has come up as a boho-chic rental at $12,000 per month. Hidden down a private lane alongside [...]

  • Julia Sweeney Sells Suburban Chicago Bungalow

    Julia Sweeney Sells Suburban Chicago Bungalow

    Actress, comedian and TED Talk-er Julia Sweeney, now appearing in the unflinching, uncomfortably funny and critically acclaimed Hulu series “Shrill,” has sold a thoughtfully restored and comprehensively updated late 19th-century home in Chicago’s suburban community of Wilmette for its full asking price of $1.3 million. The former “Saturday Night Live” cast member, best known for [...]

  • Elle King Seeks Sale in Hollywood

    Elle King Seeks Sale of Hollywood Hills Home (EXCLUSIVE)

    Showbiz pedigreed singer-songwriter Elle King, whose hard-charging and well-regarded if somewhat muddled sophomore album “Shake the Spirit” dropped last fall, has hung a $1.795 price tag on her idiosyncratically outfitted, late 1980s Mediterranean residence tucked in to a relatively unsung cranny of L.A.’s Hollywood Hills. The growly, gravel-voiced banjo player, a three-time Grammy nominee whose [...]

  • Prince Royce House

    Prince Royce Picks Up Jazzy Studio City Home

    It’s already been an eventful 2019 for Latin music star Prince Royce. The Bronx native, born Geoffrey Rojas, turned 30 shortly after tying the knot with his longtime girlfriend, actress Emeraude Toubia. And a new spouse often begets a new house. So it is with the Toubia-Royces — the couple have shelled out just under [...]

More From Our Brands

Access exclusive content