Tom Petty's Estate Finds Buyer for $9.85 Million Malibu Beach House

You don’t know how it feels to be in escrow on Tom Petty‘s oceanfront home, but someone else does … someone who’s about to be the new owner of the Malibu property.

Our real estate sources tell us Tom’s estate has accepted an offer for the singer’s 3-bedroom estate along Escondido Beach in the ‘Bu.

The crib hit the market Dec. 14 with a $9,850,000 listing price, and we’re told Tom’s estate accepted an offer on Christmas Eve, though the sale is not yet complete.

The beachfront property is 2,200 square feet, and there’s a main home and a separate guest house Tom used as a recording studio.

The place served as the inspiration for “Something Good Coming” … one of the last songs he wrote before his death in 2017.

TP bought the home way back in 2010 for $6.8 million and the primary suite has a fireplace, walk-in closet, ocean view bath and a private, beachfront deck.

The estate sits on a 16,691 square-foot lot … with 66 feet of beach frontage, and picturesque views of the coastline from almost every room in the house.

Chris Cortazzo of Compass had the listing.

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