April 10, 2020

This week's top real estate headlines

Selena Gomez must have seen something "rare" in Tom Petty's former Encino mansion. The Disney star turned international pop songstress shelled out $4.9 million for the decidedly eclectic house that the rock n' roll star custom-built for himself in 1989. Meanwhile, over on the East Coast, another rock star is making some big real estate moves. Jon Bon Jovi is seeking $20 million for his lavish, palatial Middletown estate which sprawls out over 15 river-front acres in one of Monmouth County’s most exclusive neighborhoods.

In other news, Dirt sat down for a chat with Tom Postilio and Mickey Conlon, Blippi paid $2.8 million for a Toluca Lake home, "Aladdin" actor Mena Massoud bought a stylish farmhouse, "Rick and Morty" voice actor Maurice LaMarche nabbed a new Sherman Oaks home, X17 owners François and Brandy Navarre are seeking nearly $16 million for their Pacific Palisades manse, "The Young and the Beautiful" creator Lee Phillip Bell's former Malibu estate is on the market for $21.5 million, "One Tree Hill" actress Sophia Bush sold her Chi-town loft for nearly $2 million and Reese Witherspoon made a huge off-market deal in the Pacific Palisades.

Click below, or visit Dirt.com for more breaking real estate stories.

Selena Gomez Buys Tom Petty’s Former Encino Mansion

Completed in 1989, the plus-sized house has an intriguing, only-in-L.A. sort of history. It was originally custom-built by the late rocker Tom Petty and his first wife, Jane Benyo, after an arsonist-set fire destroyed the Tudor-style mansion that formerly lay on the .87-acre property.

By James McClain • READ MORE

Jon Bon Jovi Seeks $20 Million for New Jersey Mansion

Designed by superstar architect Robert A.M. Stern, the opulent manse is cross between a home that one might find Louis XIV or Keith Richards living in — with a smattering of Tony Soprano vibes. READ MORE

Reese Witherspoon Quietly Unloads $17 Million Pacific Palisades Home

The "Walk the Line” and “Legally Blonde” star successfully sold her house for a few hairs above $17 million — and in an all-cash deal, to a buyer who required no mortgage. READ MORE

Dirt Digs In: Tom Postilio, Mickey Conlon

Douglas Elliman’s Tom Postilio & Mickey Conlon are partners in business and in life, and internationally renowned for their command of New York City’s real estate market. They're best known to television audiences as stars of HGTV’s “Selling New York” and as Page Six TV’s “Billion Dollar Brokers.” READ MORE

Mena Massoud Snags Modern Farmhouse in Encino

Up and coming Egyptian-Canadian actor Mena Massoud, best known for "Aladdin," has splashed out about $2.2 million for a freshly renovated residence in Encino. READ MORE

Paparazzi Kingpins Ask $15.9 Million for Westside L.A. Mansion

X17 owners François and Brandy Navarre are seeking $15.9 million for their Pacific Palisades mansion. The house itself, tucked away behind gates and tall trees, is perhaps best described as a glassy contemporary-meets-luxe mountain home. READ MORE

Sophia Bush Closes Case on Chicago Loft

"One Tree Hill" actress Sophia Bush has sold a penthouse loft in Chicago’s trendy West Loop neighborhood for almost $2 million. READ MORE

Lee Phillip Bell’s Malibu Colony Digs Ask $21.5 Million

The prized oceanfront estate of the late soap opera creator Lee Phillip Bell ("The Bold and the Beautiful") is up for grabs at $21.5 million. READ MORE

Maurice LaMarche Nabs Home in Sherman Oaks

"Futurama" and "Rick And Morty" voice actor Maurice LaMarche has plunked down $2.3 million for a family-sized home in Sherman Oaks. READ MORE

Blippi Sets Down Roots in L.A.’s Toluca Lake

Stevin John, aka Blippi, has set down some serious residential roots with the $2.8 million purchase of a brand-spanking new Toluca Lake home. READ MORE

Fun Feng Shui Tips for Sheltering at Home

You’re questioning the purpose of that chair in the corner nobody ever sits in, wondering about entire rooms that are rarely used. You’ve become sensitized to the environment you’ve created for yourself to an acute degree. In other words, you’re having a feng shui crisis. READ MORE

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