Selena Gomez Takes a Big Loss on Sale of Texas Mansion

Published: October 13, 2018 | By: American Luxury Staff

After nearly two years on the market, the Texas estate of Selena Gomez has sold. It’s been a long and fairly frustrating process for Ms. Gomez, who paid $3.5 million for the home in late 2015, first listed it in early 2017 for $3 million. A series of small price cuts left the ask at $2.7 million by this summer.

The property is currently in pending status, according to public records. As it has not yet sold, the agreed-upon price has not yet been disclosed.

The house is situated in the Montserrat gated neighborhood. The exterior is traditional French countryside, and is expressed in plentiful granite in contrasting colors, board and batten shutters, multiple dormer windows, and hipped roof lines.

The house is extravagant, with five bedrooms and 6.5 baths throughout its 10,016 square feet of living space. The home’s beginnings are atmospheric; a courtyard leads to a medieval front door accented with wrought iron and set into a recessed entryway. The house begins with storybook charm.

Inside, marble tile and hardwood is used for most floors, ceilings are generally vaulted, and the layout favors a partially-open style for room-to-room flow. The design sensibilities are somewhat dream-like, and textures used compound the romantic feel. The home cinema and game room are of a piece, offering a similar concept-design ceiling, and an escapist feel.

Outside, few luxury-home recreational possibilities are ignored. A lavish freeform pool with a water slide and pool house, putting green, tennis court, basketball court, and summer kitchen with dining area help fill out the over 1.5 acres of land.

Good news for Selena’s fans: her new studio album is finished, and pending a release date.

5540 October 13, 2018 Real Estate October 13, 2018