Selena Gomez's Outrageous Real Estate Portfolio Proves Her Net Worth May Be Far Larger Than Her Fans

Highlights

• Selena Gomez has made several massive real estate purchases throughout her career.
• Gomez's homes have been described as luxurious and stunning.
• With an estimated $800 million fortune, Gomez's multi-million dollar real estate investments are easily affordable for her.

After first becoming famous as an actor, Selena Gomez beat the odds by becoming a music superstar as well. Anytime a star reaches that level of success, they are bound to become tabloid fodder. In Gomez's case, there are a lot of rumors about plastic surgery and her love life.

While there certainly has been a downside to Gomez's immense success, she has been very fortunate as well. For proof of that, all anyone has to look at is how much real estate Gomez owns and how rich she is.

What Is Selena Gomez's Net Worth?

Based on the history of Selena Gomez buying and selling real estate, it is possible to draw several conclusions about the star's accurate net worth.

On top of that, the multi-million dollar real estate purchases Gomez has made could only be possible for a very wealthy person. In Gomez's case, it is a good thing that she reportedly now has an $800 million fortune according to Celebrity Net Worth. Thanks to some savvy business moves, Gomez was said to have gone from a $95 million net worth to an $800 million net worth in just a few short years. Starting with a nice (but seemingly small, now) salary of about $3 million for her 5-year role in Wizards of Waverly Place, Gomez's first notable role, she then went on to build a musical empire. Gomez's two tours, Stars Dance Tonight in 2013 and Revival in 2016, are said to have made the star a reported $70 million. By the time she was 24 years old, she was already a VERY rich musician. Adding to her already impressive portfolio, Gomez continued to star in films, TV shows, land major endorsement deals AND launch her own beauty brand, Rare, in 2020.

Inside Selena Gomez's Expensive Houses

Selena Gomez Owns Houses In New York, California and Texas

Before Selena Gomez became the superstar the world knows her as now, she was born in 1992. With that in mind, it is remarkable that Gomez bought her first home in the year 2011. After entering the real estate market when she was only 19 years old, Gomez has bought and sold several homes.

According to Architectural Digest, Gomez's first house she bought cost her $2.175 million. Described as a starter home, Gomez's first real estate purchase was located in Tarzana, California. Architectural Digest described what the home was like and the extensive work Gomez had done to it.

"The traditional-style home featured a high-ceiling entryway, a great room, a card room, a media room, and a swimming pool and spa, accessible through several sets of French doors. (There was also a separate guest room, a yoga pavilion, and a cabana bar for entertaining.) Gomez remodeled and expanded the six-bedroom, nine-bathroom home shortly after she purchased it."

Three years after Gomez bought her first home, she sold it to one of her fellow celebrities. According to reports, Iggy Azalea bought Gomez's first home for $3.45 million. That means Gomez sold her home for $1.275 million more than she bought it for.

Also in 2014, Selena Gomez bought her second home which was in Calabasas, California. According to reports, Gomez paid $3.69 million for her second home which Architectural Digest painted a gorgeous picture of.

"A Mediterranean-style mansion of epic proportions. The main house featured five bedrooms, six bathrooms, and five fireplaces (including one in the primary bedroom). The opulent pad also boasted a gym, a movie theater, and an impressive underground wine cellar."

Architectural Digest continued, "An outdoor courtyard featured multiple patios and lawns, a dining cabana with a brick pizza oven, a swimming pool and spa, and an elephant-shaped topiary." This time, Gomez lost money when she sold the home for $3.3 million in 2016.

Before Gomez sold her Calabasas home, she purchased real estate in Fort Worth, Texas. This time around, the price Gomez paid wasn't revealed. However, Architectural Digest suggested what Gomez's motivation for buying the "sprawling 10,016-square-foot mansion" was.

"It’s unknown how much the singer paid for the five-bedroom, six-and-a-half bathroom pad, but it was situated close to her childhood home in Grand Prairie, which might have been a comfort given her lupus diagnosis around this time."

Architectural Digest also revealed the Texas mansion's amazing features. "The English-style home was decked out in luxe amenities like a living room with a floor-to-ceiling stone fireplace, an eight-seat movie theater with its own candy bar, and a saltwater swimming pool with a waterslide." After first listing the house for $3.499 million in 2016, Gomez sold it for $2.7 million in 2018.

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In 2017, Gomez made yet another real estate purchase. This time, however, Gomez appeared to actually be scaling back as she bought a bungalow in Studio City, Los Angeles. Unsurprisingly, Gomez's bungalow still sounds like an amazing place to live based on Architectural Digest's description.

"The sweet single-story home featured a top-of-the-line security system and was situated behind 20-foot-high hedges, likely a welcome sanctuary to recoup following her kidney transplant surgery. The singer imbued the 3,188-square-foot, three-bedroom, two-and-a-half-bathroom pad with a neutral glam aesthetic, incorporating bright pops of color and colorful, life-affirming art pieces throughout the space."

Architectural Digest continued, "There was also a skylight-topped gourmet kitchen, a family room with a marble-topped bar, and a formal living room with a traditional fireplace. A herringbone brick flooring was a unique feature of the home."

Yet again, Gomez proved that she tends to not want to stay in the same place for very long. In this case, Gomez put her Studio City home on the market only a year after she first bought it.

Fortunately for Gomez, it seems like she was able to make money from the sale of her home. After buying the property for only $2.25 million in 2017, Gomez sold it for $2.368 million in 2020.

Where Does Selena Gomez Live Now?

In the year 2020, Selena Gomez made her most recent real estate purchase. More expensive than any property she bought in the past, Gomez's current home also comes with an impressive pedigree. Before Gomez lived there, the rock 'n' roll legend Tom Petty called the property home.

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According to Architectural Digest, Gomez paid a staggering $4.9 million for the Encino, Los Angeles home where she currently lives. Based on Architectural Digest's description of the 11,483-square-foot home, it sounds like the perfect place for musicians like Petty and Gomez to live.

"It features six bedrooms and ten bathrooms. The skylight-topped living room boasts a floor-to-ceiling stone fireplace that bursts through an upstairs balcony, finally ending at the home’s slanted ceiling. State-of-the-art amenities include an in-home recording studio, a massage room and gym, a wine cellar, and a large pool."

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