Located on nearly one acre of park-like grounds at the end of a gated and private driveway in Encino's exclusive Rancho enclave, this estate evokes a magical vision of romance and tranquility. Originally built in 1989 and the former home of music icon Tom Petty, this spectacular estate offers distinctive architecture, crafted with extreme attention-to-detail and the finest quality. Approximately 11,500 square feet, this home has been recently renovated while still maintaining its original integrity and unique style. The front entry leading into the living room immediately sets the stage for this impressive home with its sophisticated architecture and soaring high ceilings. Family room, formal dining room, and sprawling kitchen. Spectacular main level master suite plus upper level 2nd master suite and 4 additional bedroom suites. Lower level wine cellar, gym, massage room, work space, kitchen and vocal booth. Idyllic exterior grounds with cabana/bar, firepit, al fresco dining area and cascading waterfall and stream flowing into the pool and spa.