Celebrity power couple Beyoncé and Jay-Z have purchased a Malibu mansion for a whopping $200 million, according to TMZ. The purchase was a historic one, as the Malibu mansion now represents the most expensive single-family home ever sold in California history. The previous record was set by a $177 million purchase, while the record for the most expensive real estate deal in the country remains a $238 million New York apartment.
While Beyoncé and Jay-Z’s paid a record-setting price for their new California digs, the home was initially listed at an even more astonishing $295 million.
Located within Malibu’s luxurious Paradise Cove, the mansion rests on an eight-acre bluff that overlooks the Pacific Ocean. The home was designed by architect Japanese architect Tadao Ando, who famously designed Kanye West’s Malibu home. Art collector William Bell spent nearly 15 years constructing the 40,000-square-foot home before selling it to Beyoncé and Jay-Z.
The massive mansion, completed in 2014, was initially created to display Bell’s art collection, according to Dirt.com. As the home was privately placed on the market, few details concerning the interior are known at this time — including the number of bedrooms and bathrooms. However, Westside Estate Agency’s Kurt Rappaport reportedly handled both sides of the private transaction.
Architectural photographer Anthony Barcelo offered fans a glimpse of the Malibu mansion on social media, having taken photos of the home’s exterior for the Westside Estate Agency.
“Capturing this home felt like a dream…a true architectural masterpiece,” he wrote on Instagram.
The photographer later returned to Instagram to share a photo of the home’s dazzling reflecting pool.
Back in 2017, Beyoncé and Jay-Z purchased a Bel-Air mansion for a more modest $88 million. Following millions in renovations and additions, that home is now valued at over $100 million.
About the Author
