Beyoncé and Jay-Z Just Spent $200 Million on the Most Expensive Home Ever Sold in California

Beyoncé and Jay-Z Just Spent $200 Million on the Most Expensive Home Ever Sold in California

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.

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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)_/¯.


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Assistant news editor

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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