Selena Gomez bought Tom Petty’s former home for $4.89m, sold for $5.4m in 2026

 After six years of ownership, Selena Gomez has sold her Encino residence for $5.399 million, which is less than the listed price of $6.5 million. This iconic property, formerly owned by Tom Petty, was the backdrop for her series ‘Selena + Chef’. In December 2024, she purchased a stunning Beverly Hills estate for $35 million, ultimately marrying music producer Benny Blanco in September 2025 not long after getting engaged. After six years of ownership, Selena Gomez has sold her Encino residence for $5.399 million, which is less than the listed price of $6.5 million. This iconic property, formerly owned by Tom Petty, was the backdrop for her series ‘Selena + Chef’. In December 2024, she purchased a stunning Beverly Hills estate for $35 million, ultimately marrying music producer Benny Blanco in September 2025 not long after getting engaged.