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Beyoncé and Jay-Z smash California real estate records with their purchase of a $200 million concrete compound overlooking the ocean

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Beyonce and Jay-Z broke a California state record for most expensive home purchase with their $200 million mansion in Malibu
Beyonce and Jay-Z broke a California state record for most expensive home purchase with their $200 million mansion in Malibu.

Anthony Barcelo

  • Beyoncé and Jay-Z just bought the most expensive home ever sold in California.
  • The $200 million mansion was created by architect Tadao Ando, who also designed a home for Kanye West.
  • The concrete compound comes with a 40,000 square foot residence and pool just steps from the beach.

Malibu has its latest set of superstar residents after Beyoncé and Jay-Z spent $200 million on a massive mansion just steps from the Pacific ocean.

The colossal concrete compound sits on 8 acres of pristine land off the Southern California coast and has its own private beach, swimming pool, and a water feature in addition to the 40,000 square foot residence.

The concrete compound features an infinity pool just steps from the Pacific ocean.
The concrete compound features an infinity pool just steps from the Pacific ocean.

Anthony Barcelo

Commissioned by soap opera legends William and Maria Bell in 1999, the structure was designed by the Japanese architect Tadao Ando. The Bell House, as it is known by the contractors who constructed it, took 15 years to build.

Ando is currently designing a home with Kanye West, The Daily Mail reported, though the project has stalled and fallen into disrepair.

A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million.
A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million.

Anthony Barcelo

The purchase of the mansion makes the Carter family the owners of the most expensive home ever sold in the state of California (handily overtaking the previous record of $177 million) and the second-most expensive real estate deal in the country, TMZ reported.

The most expensive home is a $238 million Central Park penthouse owned by Billionaire hedge-fund manager Ken Griffin.

The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando.
The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando.

Anthony Barcelo

Kurt Rappaport, the celebrity real estate agent who represented the Carters as well as the Bells in the sale, did not immediately respond to Insider's request for comment.

Read the original article on Business Insider


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