Hello, and good afternoon! Turns out, Beyoncé and Jay-Z just beat me in purchasing the most expensive home in California, so I'll have to manifest miraculously winning the lottery to be able to afford #2. Yep, news broke today that the A-list celebrity couple just bought a brand spankin' new 30,000 square foot home in Malibu.
According to real estate sources who spilled all the 🍵 to TMZ, Bey and Jay paid *pause for dramatic effect* a whopping $200 million for the property, making it the most expensive home ever sold in the state of California. Previously, that moniker actually belonged to a property worth $177 million, so yeah, they broke the record and then some. Even so, the house was initially listed for a jaw-dropping $295 million, so they actually scored a deal!
Reportedly, the purchase is also the second most expensive real estate deal in the country, with the #1 spot belonging to a $238 million penthouse in Central Park Tower in New York City, according to TMZ.
More stats about the couple's new pad (other than the fact that it's ridiculously pricey)? It sits on an eight-acre bluff that overlooks the Pacific Ocean in the Paradise Cove area also known as Billionaires' Row...for obvious reasons. It was designed by architect Tadao Ando, who may be a familiar name since he also designed the Malibu home that Kanye West bought for $57.3 million last year. Similar to Beyoncé and Jay-Z's home, Kanye's place also has tons of beach frontage though it sits right on a highway, while Bey and Jay's is gated and has eight acres of space.
The Malibu home is one of Beyoncé and Jay-Z's biggest real estate purchases in the Los Angeles area, the other being a Bel-Air mansion they purchased for $88 million back in 2017. Seems like Beyoncé will have a *chef's kiss* pick of the litter when it comes to where she chooses to get R&R post-Renaissance tour ¯\_(ツ)_/¯.
CHECK OUT BEYONCÉ TOUR TICKETS HERE
Gretty Garcia is the assistant news editor at Cosmopolitan, where she covers all things news, entertainment, and pop culture. Before joining Cosmo, Gretty was a social strategist for Mrs. Dow Jones and a features and special projects editor at Editorialist. She holds an MS from the Columbia Journalism School and studied art history at Harvard College.
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