Musician Blackbear Puts Remodeled L.A. Property on Market at $10 Million
When I first heard Blackbear’s music, I never imagined I’d be talking about his $10 million Encino home. But here we are. Matthew Musto, the man behind the stage name Blackbear, isn’t just another musician—you’ve probably streamed his tracks with Justin Bieber, Maroon 5, or Travis Barker. His sound blends edgy pop, R&B, and rock influences, and that same vibe seems to echo in the way he lives.
Blackbear’s story starts in Florida, where the black bear—yes, the animal—gave him his moniker. Fast forward to Los Angeles, and he’s carved out a space in the city’s high-stakes celebrity real estate market. Understanding him as an artist gives you insight into his choices: the moody color palettes, the hidden recording studio, even the man cave tucked behind a bookcase. It’s a home that doesn’t just house someone famous—it reflects who he is.
If you’re curious about how a music career can translate into real estate taste, or how creative energy shapes living spaces, you’re in the right place. This isn’t just a listing; it’s a peek into a lifestyle that mixes art, privacy, and luxury in a way few homes can.
Timeline of Ownership & Investment
Almost three years ago, Matthew Musto—aka Blackbear—paid $6.4 million for a newly built home in Encino, Los Angeles. According to Robb Report, he immediately brought in celebrity designer Kishani Perera to completely reimagine the space.
Fast forward to today, and he’s listing the house for just under $10 million—a $3.6 million jump. That’s not just a price tag; it’s a statement about timing, taste, and investment savvy in LA’s competitive luxury market.
What strikes me here is how deliberate the process was. Blackbear didn’t just buy a home; he bought a canvas, then layered his personality into every corner—from the chocolate-hued exterior to the hidden movie theater tucked behind a bookcase.
For anyone curious about celebrity real estate moves, this timeline shows that patience, vision, and design can turn a purchase into a talking point—and a potential profit.
Just like how Freddie Freeman’s $6.5 million LA home recently sold at a loss, celebrity real estate moves can be surprising when you track the numbers closely.
Property Overview: Location, Lot & Style
If you’re thinking about location first, here’s the scoop: the house sits at 5530 Amestoy in the gated Amestoy Estates neighborhood of Encino, covering nearly half an acre. It’s a modern farmhouse-style property that immediately signals privacy and luxury. The exterior’s rich chocolate hue is moody, inviting, and distinctly different from the typical LA beige.
With six bedrooms and seven baths across 7,200 square feet, this isn’t just a flashy celebrity home—it’s built for family-friendly living with a rock-and-roll edge. The listing is held by Jordyn Shulman of Blue Jay Properties, so the details are all credible and verified.
Whether you’re a music fan, design lover, or real estate enthusiast, knowing the setting gives you a sense of why this home commands attention in the LA market.
Encino has become a hotspot for celebrity buyers, similar to how Jason Kennedy’s Los Angeles County home recently sold for $3.9 million.
Interior Features: Moody, Rock-and-Roll Meets Family-Friendly
Step inside, and you quickly see that Blackbear’s personality lives in the details. A towering portico leads to a double-height foyer with a curving staircase and a stained-glass window embedded in a black accent wall. It’s dramatic, yes—but also welcoming.
The fireside living room has built-in cubbies perfect for books or albums, while the family room opens via pocketing glass doors to a patio—blurring indoor and outdoor living in a way that feels effortless.
The kitchen is more than a cooking space. A center island with a hanging pot-and-plant rack, top-tier appliances, and a butler’s pantry make it practical yet stylish. Nearby, a formal dining room and an office round out the main living areas.
This is where luxury meets everyday life, and where a celebrity’s flair becomes something relatable: you can picture hosting friends or jamming with collaborators here.
Primary Suite & Luxe Details
The primary suite is a statement of comfort and design. Wallpapered walls, a Timothy Oulton chandelier, a fireplace, and a balcony create a space that feels curated and personal.
Two walk-in closets keep the space organized, and the bath’s matte black soaking tub is both modern and indulgent.
It’s details like these that make me think about the connection between an artist and their home: the spaces aren’t just functional—they’re expressions of taste, mood, and lifestyle. For anyone imagining what it’s like to live in a space like this, it’s clear that the suite alone could inspire both relaxation and creativity.
Entertainment & Guest Amenities
If you love hidden features, this is where the house shines. Behind a bookcase door is a full movie theater and man cave—a playful, unexpected twist. The guesthouse includes a wood-paneled recording studio and a gym, perfect for friends, collaborators, or just personal indulgence.
Outdoors, the landscaped backyard has a pool and spa, an open-air cabana with a fireplace, barbecue, and bar setup, and a sports court. You can imagine summer evenings here, mixing relaxation with activity, or late-night creative sessions in the recording studio.
This home isn’t just about status—it’s about living in a space that inspires, entertains, and protects privacy all at once.
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Comparison to Other Celebrity LA Homes
When you start looking at LA celebrity homes, you quickly realize that $10 million can buy a lot—or very little—depending on the neighborhood. For context, DJ Zedd’s Encino properties recently hovered around $18–$19 million, Big Sean’s Beverly Hills listing was about $12.5 million, and Charlie Puth’s sale hit roughly $11 million. Even Lizzo’s modern Beverly Hills mansion listed for $16 million.
What makes Blackbear’s home stand out isn’t just the price—it’s the personality baked into the property. From the hidden theater to the recording studio, it reflects a creative lifestyle rather than just a status symbol.
If you’re trying to picture what $10 million buys you in LA, this is a perfect example of a house that balances luxury, privacy, and individuality.
Just as Aubrey Plaza delisted her luxury LA home worth $6.5 million, pricing and timing are crucial factors that can make or break a celebrity listing.
Market & Investment Insight
Let’s talk about the financial angle for a moment. Buying the home for $6.4 million and listing it at just under $10 million in three years is more than a celebrity flex—it’s smart real estate. In LA’s luxury market, a 50–60% gain over a few years on a remodeled property is significant but believable, especially when the home has unique features that stand out.
For anyone tracking trends, this is a classic case of how celebrity influence and design upgrades affect perceived value. It also hints at a larger pattern: gated estates in Encino with creative, high-end renovations are increasingly desirable.
If you were considering investing in luxury real estate, this listing shows how timing, design, and celebrity branding can intersect to influence price and market interest.
Ideal Buyer Profile & Anticipated Sale Timeline
Who might end up living here? Think high-net-worth individuals who value privacy, creativity, and entertainment-ready spaces—tech entrepreneurs, executives, or fellow artists.
This isn’t a house for someone looking to “fit in” with the neighborhood; it’s for someone who wants a statement property that reflects a lifestyle.
As for timing, luxury LA homes like this can take months to sell, depending on interest rates and market trends. But with unique features and Blackbear’s celebrity cachet, this property is likely to attract attention quickly. If you’re watching the market, it’s worth noting how these factors play into both sale speed and offer strength.
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Disclaimer: The information in this article is based on publicly available sources and is intended for general informational purposes only. Prices, features, and availability of the property may change over time. Readers should verify details independently before making any real estate or investment decisions.
