Selena Gomez Sells Encino Estate for $5.399 Million
The 11,500-square-foot home sold in September 2026 as the singer and Benny Blanco settle into their new Beverly Hills residence.
Updated on Oct. 24, 2026 in Residential
Live Poll
Do you believe now is a good time to sell high-end residential property?
Selena Gomez officially sold her 11,500-square-foot Encino estate on September 8, 2026, for $5.399 million. The property, once owned by Tom Petty and known for filming 'Selena + Chef,' was previously purchased by Gomez for $4.895 million in March 2020.
Why it matters
The sale follows the couple's transition to a new $35 million Beverly Hills estate purchased in December 2024. This transaction marks the final step in consolidating household assets following the marriage of Selena Gomez and Benny Blanco in September 2025.
The six-bedroom Encino estate sold for $5.399 million, representing a $1.1 million difference from the initial May 2026 listing price of $6.495 million. The home was originally acquired by Gomez for $4.895 million in 2020.
The players
Selena Gomez
An entertainer who recently consolidated her real estate holdings.
Benny Blanco
A record producer and husband to Selena Gomez.
Tom Petty
The late rock musician who previously owned the Encino residence.
The details
The Encino property hit the market in May 2026, eventually closing after a previous pending deal failed to materialize in July 2026. The 11,500-square-foot residence is notable for its role as the primary set for the cooking series 'Selena + Chef' and its history as the former home of musician Tom Petty.
Timeline
March 2020: Selena Gomez purchased the Encino mansion.
December 2024: Gomez and Benny Blanco purchased a Beverly Hills estate.
September 2025: Selena Gomez and Benny Blanco married.
May 2026: The Encino property was listed for $6.495 million.
September 8, 2026: The Encino estate sale closed.
The Home Front
This sale tracks with a broader trend of celebrities cycling through high-end Los Angeles properties to accommodate changing marital statuses and lifestyle needs. The Encino transaction reflects a standard shift in estate management for luxury homeowners in the region.
Homeowners managing multi-property portfolios should keep documented records of all listing and closing price adjustments to track long-term appreciation accurately. When selling a property with significant public or professional history, ensure your title insurance and disclosure documents reflect all historical usage.
The takeaway
Large-scale property sales often require flexibility if initial listing expectations do not align with current buyer interest. Sellers should track the market velocity of similar high-end homes to set realistic timelines for closing.
Further reading
For more trends in the housing market, browse our Residential section.
Source note: This article includes information reported by The Times of India.
Live Poll
Do you believe now is a good time to sell high-end residential property?
