Sold: George Harrison's 'Blue Jay Way' Home

George Harrison Living in the Material World - H 2011

After a year on the market, the Hollywood Hills bungalow was bought at a 15 percent reduction from asking price.

The Hollywood Hills bungalow where George Harrison lived for a time, and where the late Beatle wrote the song “Blue Jay Way” from the 1967 album Magical Mystery Tour, has sold after a year on the market.

According to real estate site, via Curbed L.A., the house at 1567 Blue Jay Way went on sale in April 2012 with an asking price of almost $4.6 million. It sold on Saturday for $3.8 million, more than a 15 percent price reduction.

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The mid-century 4,116-square foot home, which once belonged to a music attorney who allowed Harrison and his wife, Pattie, to stay there, features walls of glass, a screening room, wide-open living spaces and a central pool and spa accessible from multiple entry points.

When Harrison wrote the song "Blue Jay Way," he had Beatles press officer Derek Taylor in mind. The rep was on his way to visit the Harrisons, but got lost on the winding road, inspiring the lyrics to the song, according to Beatles expert Steve Marinucci.

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"There’s a fog upon LA/and my friends have lost their way” the song featured on Magical Mystery Tour began. "Sitting here in Blue Jay Way/Please don’t be long please don’t you be very long."

The song was included in The Beatles Magical Mystery Tour album and movie.

Twitter: @THRMusic