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27403 Pacific Coast Hwy, Malibu, CA 90265

List Price: $15,495,000On Market FlagOn market
Jul 7, 20258,744 sqft7 beds10 baths
Listed by: Myra Nourmand
License #: 00983509
Phone #: 310-888-3333
Nourmand & Associates-BH
Source:
CRMLS Logo
MLS #: 25561601

Property Description

Set in a coveted Malibu enclave consisting of four homes on a private, double-gated street above Escondido Beach and Paradise Cove. This legendary estate, once the primary residence of Rock & Roll Hall of Famer Tom Petty, spans 2.6 acres of lush, park-like grounds and offers an exceptionally rare blend of privacy and artistry. Skylights stream light into each thoughtfully designed space, illuminating the home's rich character. Wood-beamed ceilings, vintage chandeliers, exquisite wrought iron detailing, and five stunning fireplaces throughout, including one in the formal dining room with seating for 16 - ideal for unforgettable gatherings. Take sanctuary in the primary retreat featuring sitting area with romantic fireplace, exclusive patio with fountain, and luxurious bath highlighted by soaking tub and steam shower with Moroccan tiles. The enormous walk-in closet with island is worthy of rock royalty. Bonus room with skylights, fountain and dry sauna offers flexible space for gym/yoga/massage room. All bedrooms offer direct access to the outdoor gardens and trellised patios complete with built-in BBQ, in-ground fire pit, manicured lawns, and a glistening pool with spa making it an entertainer's dream. The estate is surrounded by meticulously curated grounds where bougainvillea, white roses, jasmine, and wildflowers flourish. Tom's personal music studio, transformed from a 2-bedroom guest house and garage, remains fully pre-wired-ready for someone else's "runnin' down a dream." An additional 1-bedroom studio is nestled next to a tranquil side yard with pond. Motor court with parking for 15+ cars, solar panels for sustainable living, staff quarters, generator and a night-lit sports court ready for basketball /pickleball found just steps from the driveway. Surrounded by cascading waterfalls, koi ponds, fruit trees, and fountains, this estate has been referred to as a "Mini Huntington Gardens." For nearly 30 years, it served as a refuge of inspiration, peace, and creativity for one of music's greatest legends. This is more than a home it's a piece of rock history. A haven where the next chapter is ready to be written!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$233,889

TurboHome Estimated Value

$15,543,800

$1,778 sqft

High Valuation
$16,320,990
$1867/sqft
Normal Valuation
$15,543,800
$1778/sqft
Low Valuation
$14,766,610
$1689/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1778/sqft$15,543,800

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