Selena Gomez's Former Encino Estate Fetches $5.4 Million in Recent Sale
Selena Gomez has successfully sold her Los Angeles residence in Encino's Rancho Estates for $5.399 million. This transaction, occurring after an initial listing at $6.5 million, marks a modest profit over her 2020 purchase price, albeit potentially a net loss after luxury taxes. The property, originally custom-built for Tom Petty, boasts extensive amenities and a rich history, reflecting its significant market value.
