Selena Gomez has carved a niche for herself not just in the realms of acting and music but also as a savvy real estate investor. Hailing from Texas, this multifaceted entertainer has been turning heads with her extensive and impressive real estate portfolio across the United States. Starting from her first significant property acquisition at the tender age of 19 to her present-day abode in New York, Gomez’s residential choices reflect key milestones in her illustrious life and career.
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In a candid reveal during a 2020 Elle interview, Gomez shared insights into her current residence—an Encino, California mansion that she shares with her grandparents. Describing it as her “little cave,” the home provides a sanctuary of privacy and comfort, values she deeply cherishes. The Rare Beauty founder’s decision to cohabit with her grandparents speaks volumes of her love for the older generation, highlighting a living situation she describes as both “lovely and private.”
The Beginning of a Real Estate Journey
Gomez’s venture into property investment began in 2011 with the purchase of a Tarzana, California mansion at 19, for which she paid $2.2 million. According to Architectural Digest, this traditional-style home boasted a sprawling 6,630 square footage that included a guesthouse and a uniquely designed swimming pool. Gomez’s initial foray into property remodeling was with this house, before it found a new owner in Iggy Azalea.
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Elevation to a Mediterranean Mansion
2014 saw Gomez elevating her living standards with the acquisition of a Mediterranean-style mansion in Calabasas, California, valued at $3.69 million. This opulent residence was equipped with luxurious amenities, including a wine cellar, home cinema, and gym. However, her time here was short-lived, as she sold the property to French Montana after a year.
A Texan Tribute
In a heartfelt nod to her roots, Gomez acquired a grand 10,016-square-foot mansion in Fort Worth, Texas. This acquisition coincided with a period of introspection amidst her Lupus diagnosis. Through social media, she has often expressed her connection to Texas, reinforcing her ties to her heritage and the significance of her childhood home.
The Studio City Bungalow
Gomez later transitioned to a more modest, single-story bungalow in Studio City, California. Built in 1951, this home featured a comfortable space of 3,188 square feet with four bedrooms and bathrooms. This property, too, was sold by Gomez in 2020 as she moved into an Encino mansion with a rich musical heritage.
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The Encino Mansion: A Musical Legacy
The Encino mansion, once home to Tom Petty, signifies a profound piece of music history. Built in 1989, this mansion sprawls over 11,483 square feet and includes an in-house recording studio, gym, and a massage room among its many features. Gomez feels a deep emotional connection to the house, inspired by its past and the legends like Stevie Nicks who once filled its halls.
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A New York State of Mind
In 2022, Gomez moved to New York’s Upper East Side, as reported by Elle Magazine. Residing with her grandparents, she relishes the warmth and company they provide, maintaining a living arrangement she finds deeply satisfying.
Life Amidst Family and Food
Gomez’s cooking show, “Selena + Chef,” often showcases her life in the Encino mansion, especially her time spent cooking with her grandparents. It’s a testament to her values, celebrating food, family, and togetherness.
Selena Gomez’s property journey is as diverse and dynamic as her career, with each home encapsulating different phases of her life. From her grand Encino mansion brimming with musical heritage to the cozy spaces she’s shared with loved ones, each property narrates a chapter of her evolving story, highlighting not just her meteoric rise but the grounding influence of her family and heritage.
