Pete Wentz’s New $1 Million Home – Go Inside His San Fernando Valley Digs (PHOTOS)

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Pete & Bronx's Playtime
Pete Wentz takes his son to the local playground.
Pete Wentz is ready to rock out in a new million dollar Studio City, Calif. home.

The former Fall Out Boy, 33, has splashed out $1,050,000 on the plush pad, which boasts three bedrooms, three bathrooms and a sunny oasis for a backyard.

Wentz – who once shared a a $3,699,000 home with his ex-wife Ashlee Simpson, 27 – has downgraded in the property market since his days as a married man, but his 2,000-square-foot abode is certainly still impressive.

Check out the gallery above for photos inside his home.

With its blonde-colored wooden floors and multitude of French doors, the home is light, airy and perfect as a family home.

Wentz’s little three-year-old son, Bronx, is sure to like it — it boasts a children’s playhouse, waterfalls and a koi pond.

Although his relationship with his Simpson turned sour, Wentz has since found love with his model girlfriend Meagan Camper, who he began dating in September 2011.

Simpson has also moved on and is dating Boardwalk Empire’s Vincent Piazza.

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