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Sold for $11,200,000
  • Tax assessed value
    $11,200,000

    27403 Pacific Coast Hwy, Malibu, CA 90265

    7beds
    8,744sqft
    Residential, Single Family Residence
    Built in 1943
    2.6 Acres Lot
    $11,165,000 Zestimate®
    $1,281/sqft
    $45,732 Estimated rent

    Home value

    $11,165,000

    $10.16M - $12.28M

    $45,732/mo

    Zestimate® history
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    What's special

    Fruit treesRomantic fireplaceCascading waterfallsMusic studioNight-lit sports courtPrimary retreatDry sauna
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Myra Nourmand DRE # 00983509 310-888-3333,

    Nourmand & Associates-BH 310-274-4000,

    Levi Freeman DRE # 01926993 310-388-7916,

    Nourmand & Associates-HW

    Bought with:

    Michael Telega, DRE # 01973319

    Compass

    Or Brodsky, DRE # 01960565

    Compass

    Source: CLAW,MLS#: 25561601MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Atrium, Bonus Room, Gym, Guest House, Powder, Sauna, Separate Maids Qtrs, Sound Studio, Living Room, Patio Open, Walk-In Closet, Walk-In Pantry, Dining Room, Breakfast, Converted Garage, Formal Entry, Guest-Maids Quarters, Pantry
    Bedroom
    • Features: Walk-In Closet(s)
    • Level: Lower
    Kitchen
    • Features: Skylight(s), Kitchen Island
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Indoor Grill, Double Oven, Microwave, Range, Range Hood, Disposal, Freezer, Dryer, Refrigerator, Dishwasher, Ice Maker, Washer, Range/Oven, Barbeque
    • Laundry: Laundry Room, In Kitchen, Inside
    Features
    • Breakfast Room, Kitchen Island, Formal Dining Rm
    • Flooring: Hardwood, Pavers, Stone, Carpet
    • Doors: French Doors
    • Number of fireplaces: 5
    • Fireplace features: Library, Dining Room, Living Room
    Interior area
    • Total structure area: 8,744
    • Total interior livable area: 8,744 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Gated, Garage - 2 Car, Guest, Circular Driveway, Garage - 1 Car, Attached, Driveway
    • Attached garage spaces: 3
    • Uncovered spaces: 12
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Barbecue
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Private
    • Spa features: Heated
    • Has view: Yes
    • View description: Pool, Tree Top, Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: None
    Lot
    • Size: 2.6 Acres
    Details
    • Additional structures: Guest House, Detached Guest House
    • Parcel number: 4460008016
    • Zoning: LCR120000*
    • Special conditions: Standard
    • Other equipment: Phone System, Intercom, Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Roof: Clay
    Condition
    • Year built: 1943

    Utilities & green energy

    • Utilities for property: Cable Available
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated, Smoke Detector(s), Alarm System
    HOA
    • Has HOA: No
    Location
    • Region: Malibu

    Financial & listing details

    • Price per square foot: $1,281/sqft
    • Tax assessed value: $11,200,000
    • Date on market: 7/7/2025

    Price history

    DateEventPrice
    10/31/2025Sold$11,200,000-13.8%$1,281/sqft
    Source: CLAW #25561601 Report a problem
    10/16/2025Pending sale$12,995,000$1,486/sqft
    Source: CLAW #25561601 Report a problem
    10/6/2025Contingent$12,995,000$1,486/sqft
    Source: CLAW #25561601 Report a problem
    9/8/2025Price change$12,995,000-16.1%$1,486/sqft
    Source: CLAW #25561601 Report a problem
    7/7/2025Listed for sale$15,495,000-7.5%$1,772/sqft
    Source: CLAW #25561601 Report a problem
    4/29/2025Listing removed$70,000$8/sqft
    Source: CLAW #25493189 Report a problem
    3/4/2025Listing removed$16,750,000$1,916/sqft
    Source: CLAW #24-414097 Report a problem
    2/3/2025Listed for rent$70,000$8/sqft
    Source: CLAW #25493189 Report a problem
    10/14/2024Price change$16,750,000-11.8%$1,916/sqft
    Source: CLAW #24-414097 Report a problem
    7/26/2024Listed for sale$19,000,000+2383.7%$2,173/sqft
    Source: CLAW #24-414097 Report a problem
    3/31/1994Sold$765,000-17.2%$87/sqft
    Source: Public Record Report a problem
    8/10/1993Sold$923,677$106/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $11,200,000 +87%
    2025$73,905 +8%$5,987,911 +2%
    2024$68,455 +1.9%$5,870,502 +2%
    2023$67,188 +1.2%$5,755,395 +2%
    2022$66,376 +2.4%$5,642,545 +2%
    2021$64,850 +0.6%$5,531,908 +1%
    2020$64,488 $5,475,186 +2%
    2019$64,488 +7.1%$5,367,831 +2%
    2018$60,225 $5,262,580 +2%
    2017$60,225 +0.4%$5,159,393 +2%
    2016$59,975 +3.2%$5,058,229 +1.5%
    2015$58,089 +2.8%$4,982,250 +2%
    2014$56,481 $4,884,655 +2.5%
    2012-- $4,767,236 +2%
    2011-- $4,673,762 +0.8%
    2010-- $4,638,833 -0.2%
    2009-- $4,649,854 +2%
    2008-- $4,558,681 +2%
    2007-- $4,469,297 +2%
    2006-- $4,381,664
    2005-- $4,381,664 +4%
    2004-- $4,211,520 +1.9%
    2003-- $4,134,333 +2%
    2002-- $4,053,268 +4%
    2000-- $3,895,876
    Find assessor info on the county website

    Neighborhood: 90265

    Nearby schools

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    Estimated market value
    $11,165,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $11,165,000