At 32, Selena Gomez has transformed from Disney Channel sweetheart into a legitimate business powerhouse. While estimates of her wealth vary dramatically—Forbes pegs her net worth at $700 million while Bloomberg suggests $1.3 billion—everyone agrees on one thing: The vast majority of her fortune comes from her cosmetics empire, Rare Beauty, which generates $350-400 million in annual revenue and is valued at $2 billion.
But long before she was building billion-dollar beauty brands, Gomez was making strategic real estate moves that mirror her evolution from teen pop sensation to Hollywood heavyweight. From her first “starter home” purchase at just 19 to co-buying a $35 million Beverly Hills estate with fiancé Benny Blanco, here’s how the Only Murders in the Building star built her impressive real estate portfolio.
Tarzana Starter Home
This wasn’t exactly your typical first-time buyer situation. Fresh off Wizards of Waverly Place and dating a certain Canadian pop star, 19-year-old Gomez purchased her first “starter home” in July 2011 for $2.175 million: a 6,630-square-foot, six-bedroom, nine-bathroom compound on a full acre in Tarzana, California. The traditional-style home features high ceilings, a media room, and amenities like a pool, spa, bocce ball court, basketball court, and even space for a tennis court.
After three years of ownership and some serious upgrades, Gomez listed the property for $3.495 million in 2014, ultimately selling it to rapper Iggy Azalea for $3.45 million.
Fort Worth Mansion
Establishing herself as a pop star following her Disney days, Gomez purchased this 10,000 square-foot mansion in Fort Worth, Texas for $3.5 million in 2015. Not far from her childhood home in Grand Prairie, the six-bedroom, seven-and-a-half bathroom estate sits on over an acre and a half inside a gated community and came with every bell and whistle imaginable: a saltwater pool with a waterslide, an eight-seat movie theater, a tennis/basketball combo court, a putting green, a game room, and professional-grade kitchen appliances.
Despite calling it her “first dream house,” Gomez’s hectic schedule meant she only visited during the holidays. By 2016, she listed it for $3.49 million. After two years on the market and multiple price reductions, she finally sold it in 2018 for $2.7 million.
Studio City Bungalow
Sometimes you need a cozy retreat, and that’s exactly what this single-story Studio City bungalow provided for Gomez while recovering from her kidney transplant in 2017. Purchased for $2.249 million, the 3,500-square-foot, four-bedroom home features herring-bone patterned brick floors, wide-plank oak flooring, and an open kitchen.
Set behind privacy hedges on a half-acre lot, the property includes a pool, fire pit, outdoor kitchen, and guesthouse. She listed it multiple times starting in 2018, eventually selling it in 2020 for $2.368 million.
Encino Mansion
In 2020, Gomez purchased rock legend Tom Petty’s former custom-built estate in Encino, California—an 11,000-square-foot modern lodge—for $4.9 million. Built for Petty and his wife Jane Benyo in 1989, the six-bedroom, 10-bathroom property includes an in-home recording studio, wine cellar, massage room, gym, and rumored secret passageways built by the original owner.
The outdoor space includes fountains, waterfalls, and a gorgeous pool all situated on an acre lot adjacent to Vin Diesel’s spread. Gomez still owns this property, making it her longest-held real estate investment to date.
Beverly Hills Home with Benny Blanco
Newly engaged couple Benny Blanco and Selena Gomez purchased this Spanish-style estate in December 2024 for $35 million. Previously owned by Joker director Todd Phillips, it was designed in 1928 by architect Wallace Neff and has since been restored. The 7,000-square-foot home features seven bedrooms, 12 bathrooms, a library with a spiral staircase, a greenhouse solarium, a gym, private theater, a studio space, and more.
Purchased off-market in the same month they announced their engagement, the property sits on nearly an acre of prime Beverly Hills, California real estate and includes a large pool, a spa, and lush gardens. It was one of Beverly Hill’s biggest real estate transactions of 2024 and marked a new chapter for the couple.
Julia Cancilla is the engagement editor (and resident witch) at ELLE Decor, where she oversees the brand’s social media platforms and writes the monthly ELLE Decoroscope column. She covers design trends, pop culture, and lifestyle through storytelling to explore how our homes reflect who we are. Her work has also appeared in Inked magazine, House Beautiful, Marie Claire, and more.