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Inside Jessica Biel, Justin Timberlake’s Star-Studded Engagement Party

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Jessica Biel and Justin Timberlake attend the 'Schiaparelli And Prada Gala at the MET on May 7, 2012 in New York City.

Jessica Biel and Justin Timberlake are one step closer to living happily ever after!

On Saturday, the pair, who got engaged in December, ware feted with an engagement party that took place at the California home of Timberlake's longtime friend and HomeMint collaborator Estee Stanley.

At the soiree, guests were dressed in cocktail attire with the men wearing suits and the women donning black dresses. Timberlake, 31, wore a black suit and a fedora; Biel, 30, worked a leopard-print halter dress cinched at the waist with a hot pink belt and matching shoes. Gourmet appetizers were served by Wolfgang Puck Catering along with wine and champagne.

Related: PHOTOS: Justin Timberlake and Jessica Biel through the years

Celebrities on the guest list for the 100-attendee soiree, which included the couple's friends and family: Lance Bass, JC Chasez, Trace Ayala, Ellen DeGeneres, Portia DeRossi and Amy Adams.

"Jessica and Justin were mingling both separately and together throughout the party," an insider tells Us Weekly. "Jessica seems to be very close with Justin's friends and vice versa. You can see that they have been dating for a long time and really know each others friends and family well. The party was a fun celebration and a preview of what's to come with the wedding."

Related: PHOTOS: More celebs who got engaged this past winter

Earlier this month, Biel and Timberlake tried on wedding bands at jewelry boutique Eli Halili in New York City's Soho neighborhood ahead of making their red carpet debut as an engaged couple at the 2012 Met Ball.

Set to wed this year, the couple of five years spent over a half an hour in the shop with jewelry designer Halili, trying on wedding bands and perusing other pieces in the shop, including one-of-a-kind ancient rings and precious stone necklaces.

Related: PHOTOS: Best celebrity engagement rings of all time

Although they didn't select their wedding bands during the jaunt, the twosome did drop $6,500 — buying a $2,200 ring (a 24 carat gold ring with a labradorite semi-precious stone) and two necklaces ($2,500 and $1,800, respectively).

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