The world is still reeling from the sudden passing of sensitive crooner Tom Petty. While his legacy will forever live on in his music, it will also be passed along in the many laid-back and beautiful homes he acquired over the years. One such property is the peaceful Lake Sherwood, California villa that Petty and his wife Dana York purchased in 2007. The scenic residence listed for $5.895 million shortly after the singer’s death in 2017 and just sold last month for $4 million.Built in 1931, the house underwent a substantial renovation in 2004 in which an additional 3,000-square-feet was added, giving the home 5,300-square-feet of interiors in total. New additions include an impressive master suite with a deep stone tub, an updated kitchen, two new bedrooms, and numerous balconies. Of course, the home still retains much of its charm with original wood-beams, solid stone walls, flagstone floors and a vintage fireplace all still in place.With an enchanting stone-clad exterior and an abundance of natural beauty, it’s easy to see why this getaway would be inspiring for an artist. Incredible lake and mountain views captivate from all areas of the house, including that luxurious soaking tub. Outside, there is a stone pathway that leads down to the lake where the new owner will also have the same private boat ramp and dock that Petty used for boating and fishing. As mentioned in past dailyDEEDS coverage, Petty’s wife fondly recounted how he had an unconventional way of holding a fishing rod that seemed more like how one would hold a guitar. The home is also within close proximity to Los Angeles and Malibu, so the new owner can easily venture to the city or beach while finding refuge in this sanctuary after a long day.Besides Petty, other talented celebrities such as author Francis Meehan and composer Ralph Carmichael have lived here. It was originally constructed by a Hollywood set designer for actor Rudolph Valentino, who sadly died before the project was complete.Dana Sparks, Amy Alcini, Nicki La Porta and Karen Crystal of Compass held the lakefront listing. The LA Times first reported on the sale.
The home is also within close proximity to Los Angeles and Malibu, so the new owner can easily venture to the city or beach while finding refuge in this sanctuary after a long day.
