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Tom Petty’s longtime home in Malibu, Calif.—where the late “Free Fallin’” rocker had a personal music studio—has sold for $11.2 million. The buyer is Stephen Slade Tien, a psychoanalyst and author, ...

The late rock legend Tom Petty’s iconic Malibu home, complete with his personal recording studio, has recently fetched $11.2 million in a notable real estate transaction. This sale marks a significant ...

Petty called the four-house estate his home for many years until his death, and it had been on the market since last year.