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$6,495,000
MLS: 26828109
Beds
6
Baths
10
Sq Ft
11,483
Lot
0.87 ac
Year Built
1989
MLS #
26828109
Days on Market
8
Listed
Apr 30, 2026
Description
Private celebrity compound located on nearly one acre of park-like grounds at the end of a gated, private driveway in Encino's exclusive Rancho enclave. This estate evokes a magical vision of romance, inspiration, and tranquility. Completely renovated for modern living with the latest and greatest amenities, it seamlessly blends nature inside and out. Formerly home to music icon Tom Petty, this spectacular estate offers distinctive architecture crafted with exceptional attention to detail and the finest quality. Approximately 11,500 square feet, the home has been thoughtfully updated while maintaining its original integrity and unique style. The front entry opens to the living room, immediately setting the stage with sophisticated architecture and soaring ceilings. The home includes a family room, formal dining room, and a sprawling kitchen. The main level features a spectacular primary suite, complemented by an upper-level second primary suite and four additional bedroom suites. The lower level offers a wine cellar, gym, massage room, workspace, glam room, kitchen, and a vocal booth. The idyllic exterior grounds include a cabana with bar, fire pit, al fresco dining area, and a cascading waterfall and stream flowing into the pool and spa. Here is your chance to live amongst the stars. This is priced to sell. Call now to schedule a private showing.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Branden Williams · The Beverly Hills Estates
Payment estimate
$46,487
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $649,500 · Loan: $5,845,500
- Principal & Interest
- $36,986
- Property tax (1.25%)
- $6,766
- Homeowners insurance
- $300
- Mortgage insurance
- $2,436
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $227,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Encino, CA 91316 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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