Selena Gomez Sells Her Tom Petty-Built Encino Estate for $5.4 Million

Selena Gomez has officially closed the door on one of the more distinctive homes in her Los Angeles real estate portfolio, selling her sprawling Encino estate for $5.399 million after six years of ownership.

The sale gives the singer, actress and Rare Beauty founder roughly $504,000 more than the $4.895 million she paid for the property in March 2020. But the headline gain tells only part of the story. Gomez originally brought the house to market for $6.495 million in May, meaning the final deal came in nearly $1.1 million below the asking price before commissions, taxes, carrying costs and any money spent improving the residence are taken into account.

The transaction closed Sept. 8, 2026, with Branden Williams and Rayni Williams of The Beverly Hills Estates representing the listing and Aaron Kirman of Christie’s International Real Estate Southern California representing the buyer.

For Gomez, the sale marks the end of a particularly recognizable chapter in her property portfolio. The nearly 11,500-square-foot residence was not only once home to rock legend Tom Petty; its sprawling kitchen later became familiar to millions of viewers as the setting for Gomez’s cooking series Selena + Chef.

A Celebrity Compound With a Rock-and-Roll Past

Hidden at the end of a gated private drive in Encino’s Rancho enclave, the property occupies approximately 0.87 acres of park-like grounds. The three-story residence encompasses 11,483 square feet, with six bedrooms and 10 bathrooms.

Its celebrity history began decades before Gomez arrived.

The house was custom-built in 1989 for Tom Petty and his first wife, Jane Benyo, following a fire that destroyed an earlier structure on the property. Petty’s connection gives the estate an unusual musical provenance even by Los Angeles standards, where homes with entertainment-industry pedigrees are hardly rare.

Although the residence has been renovated and expanded over the years, elements of that history remain. Most notably, the lower level contains a vocal booth connected to the property’s earlier life as a musician’s home.

When Gomez acquired the estate in 2020, Architectural Digest reported that the property included a music studio along with a collection of wellness and entertainment spaces. The singer’s arrival effectively added another generation of pop-culture history to a house already associated with one of America’s most influential rock musicians.

Inside the 11,483-Square-Foot Residence

The architecture is considerably more idiosyncratic than the minimalist white-box mansions that have proliferated across Los Angeles in recent years.

A dramatic skylight crowns the main living room, where a towering stone fireplace rises toward the sloped ceiling. Above, a white-railed mezzanine overlooks the room, emphasizing the home’s considerable vertical scale while creating an interior that feels more individual than conventionally contemporary.

Elsewhere, a fireside family room offers a more intimate gathering space, while the formal dining room provides a traditional setting for entertaining.

The house includes primary suites on two levels. One is positioned on the main floor, while another occupies the upper level, allowing the property to accommodate owners or guests who prefer greater separation within the expansive floor plan. Four additional bedroom suites complete the sleeping quarters.

But some of the estate’s most interesting spaces are found downstairs, where the house transitions from family residence to private entertainment compound.

The lower level incorporates a wine cellar, fitness room, massage space, work area and glam room, along with a secondary kitchen and the vocal booth that serves as a reminder of the property’s Tom Petty era.

The Kitchen Became a Television Star of Its Own

For Gomez fans, however, the home’s most recognizable room may be the kitchen.

Defined by exposed wood beams and generous proportions, the space served as the backdrop for the first three seasons of Selena + Chef, the cooking series Gomez launched in 2020.

The show’s premise placed Gomez in her own kitchen while professional chefs guided her remotely through recipes, turning what might otherwise have been an ordinary luxury-home amenity into one of the property’s most publicly recognizable spaces.

That association gives the residence an unusual crossover between celebrity real estate and television history. While Tom Petty supplied the property’s musical pedigree, Gomez effectively transformed its kitchen into a set seen by viewers around the world.

A Backyard Built Around Water

The landscaping takes a markedly different approach from the flat lawns and geometric pools common to many modern Los Angeles estates.

Instead, the backyard was conceived as a lush, almost resort-like environment. A cascading rock waterfall feeds a stream that winds through the grounds before reaching the freeform swimming pool and elevated spa.

The result gives the nearly one-acre parcel a sense of movement and seclusion, with mature landscaping helping insulate the property from its urban surroundings.

An alfresco dining area extends the living spaces outdoors, while a cabana equipped with a bar creates another gathering point beside the pool. A fire pit provides a more intimate setting after dark.

The property also offers substantial parking for a Los Angeles residence, with a detached three-car garage supplemented by a carport capable of accommodating several additional vehicles.

Gomez Sold for Nearly $1.1 Million Below Her Asking Price

The final price is perhaps the most interesting part of the transaction from a real estate perspective.

Gomez purchased the property for $4.895 million on March 24, 2020. Six years later, it returned to the market at $6.495 million.

The eventual $5.399 million closing price represents an increase of approximately 10.3 percent over what she originally paid, but it is also roughly 16.9 percent below the home’s latest asking price.

That means the transaction produced a nominal gross gain of about $504,000 before selling expenses.

Once brokerage commissions, transfer taxes, ownership costs and potential improvements are considered, the economics become considerably less impressive. The sale therefore illustrates an important distinction frequently obscured in celebrity real estate coverage: selling a property for more than its original purchase price does not necessarily mean the owner made a profit.

What the transaction does demonstrate is that even a large celebrity-owned estate with considerable provenance must ultimately meet the market.

From Tom Petty to Selena Gomez

The property’s history makes the relatively restrained financial result somewhat less important to its story.

Few Los Angeles residences can claim meaningful connections to two musicians from such different generations.

Petty built the house during the height of his career and incorporated spaces suited to a working musician. Decades later, Gomez bought the same property and turned one of its central rooms into the setting for a television series that helped introduce a more casual side of her public persona.

That continuity gives the Encino residence a level of cultural provenance beyond its square footage or amenities.

Rather than being merely another large gated celebrity mansion, it has served as both a private creative environment and a public-facing backdrop across different eras of the entertainment industry.

Selena Gomez Has Already Moved Up to Beverly Hills

The Encino sale also makes sense in the context of Gomez’s changing real estate portfolio.

She and music producer Benny Blanco acquired a substantially more expensive Beverly Hills estate in late 2024 for approximately $35 million. The historic Spanish-style property reportedly dates to the 1920s and was designed by noted architect Wallace Neff.

At a reported $35 million, the Beverly Hills acquisition represents a dramatic step up from the Encino property and places the couple firmly within one of Los Angeles’ highest tiers of residential real estate.

The estate reportedly encompasses a seven-bedroom main residence as well as additional guest accommodations, with architectural details including a sweeping staircase, multiple fireplaces, a wood-paneled library and an ornate hand-painted dome.

Gomez has also maintained ties to another Los Angeles property in Woodland Hills, while Blanco has had his own notable real estate holdings on both coasts.

The couple’s move to Beverly Hills therefore makes the sale of the Encino residence less of an exit from Los Angeles real estate than a consolidation around a much more valuable primary home.

A Six-Year Chapter Comes to an End

Gomez’s ownership of the Encino estate coincided with a transformative period in her career.

She purchased it in 2020, the same year Selena + Chef debuted, and during the years that followed she expanded her profile well beyond music and acting. Rare Beauty grew into a major cosmetics brand, while her television work and other ventures further broadened her business interests.

Now, the home that formed the backdrop to part of that period belongs to someone else.

At $5.399 million, the transaction may not rank among Los Angeles’ blockbuster celebrity sales. Yet the property offers something many vastly more expensive mansions cannot easily replicate: genuine entertainment history.

Built for Tom Petty, later owned by Selena Gomez and recognizable to viewers from Selena + Chef, the secluded Encino estate has accumulated a celebrity pedigree spanning nearly four decades.

For its new owner, that history comes with 11,483 square feet of living space, almost an acre of landscaped grounds and one particularly famous kitchen.