Selena Gomez Sells Encino Estate for $5.4M, Moving to Beverly Hills Mansion

Selena Gomez has sold her 11,500-square-foot Encino estate for $5.4 million, six years after purchasing it for $4.9 million. The six-bedroom, ten-bathroom home, previously owned by Tom Petty, features a recording studio, gym, and the kitchen used as a backdrop for her cooking show. She and her husband Benny Blanco reportedly reside in a $35 million Beverly Hills mansion they bought in 2024.
The Encino property, previously owned by Tom Petty, retains a skylit living room and stone fireplace, while Gomez added a recording studio, massage room, gym, office, and glam room. Its marble-countered kitchen served as the filming location for three seasons of her cooking series.
Gomez and Benny Blanco now reside in a Wallace Neff-designed Beverly Hills estate purchased in December 2024, the week they became engaged. The Spanish-style home features seven bedrooms, twelve baths, a winding staircase, a hand-painted dome ceiling, and a wood-paneled library.
This sale could highlight the enduring value of celebrity-linked properties in Los Angeles, where historical pedigree and custom amenities may attract affluent buyers. The move to a Wallace Neff-designed mansion may also reinforce the market's appreciation for classic Spanish Revival architecture. Fans and lifestyle observers might view this transaction as a reflection of a broader trend among high-profile figures consolidating their holdings into more prestigious, historic neighborhoods.