If $90M deal goes through, Beyoncé and Jay-Z will finally experience the joys of homeownership in LA

Los Angeles /
Jul.July 31, 2017 10:30 AM

Beyoncé and Jay-Z are drunk in love with Los Angeles. The duo have rented homes in the area for years – most recently, a ridiculous $400,000 per month Malibu compound – but they’re finally taking the plunge to own a Bel-Air mansion.

The couple was rumored to have put in a $120 million offer on a spec home at 454 Cuesta Way earlier this year, but it appears their offer has dropped to $90 million.

The music moguls have agreed in principle to purchase the Bel-Air mansion for $90 million, the Los Angeles Times reported.

The megamansion, created by developer Dean McKillen, is comprised of six structures totaling 30,000 square feet of space with eight bedrooms and 11 bathrooms. The two-acre gated compound also has four pools, a 15-car garage and bulletproof windows.

It’s said to be a whisper listing that had an asking price of $135 million, according to the L.A. Times.

Beyoncé and Jay-Z were said to have made a $49 million offer on a 14,000-square-foot mansion in Beverly Hills last year but lost out to designer Tom Ford, who purchased it for $53 million.

If the deal at Cuesta Way closes, it would be the highest sale recorded this year in Los Angeles County – beating out the $85 million sale of David Geffen’s Carbon Beach compound to Los Angeles Dodgers owner Mark Walter. [LAT] — Subrina Hudson


Related Articles

arrow_forward_ios
Pamela Anderson and her house on Malibu Colony Road. (Coldwell Banker Realty, Getty)
Pamela Anderson lists Malibu beach pad, plans move to Canada
Pamela Anderson lists Malibu beach pad, plans move to Canada
Ellen DeGeneres and Portia de Rossi with their Beverly Hills home (Getty, Redfin)
Ellen DeGeneres looks to flip Adam Levine’s old pad for $54M
Ellen DeGeneres looks to flip Adam Levine’s old pad for $54M
Lebron James and his Brentwood home (Getty, Redfin)
Loss for LeBron? King James lists Brentwood mansion
Loss for LeBron? King James lists Brentwood mansion
Jamie-Lynn Sigler and Cutter Dykstra with their Valley Village home (Getty, Compass)
“Sopranos” star Jamie-Lynn Sigler sells San Fernando Valley home
“Sopranos” star Jamie-Lynn Sigler sells San Fernando Valley home
Freddy Wexler and his new Beverly Hills home. (Getty, Jade Mills Estates)
“Stuck With U” songwriter drops $13M for Beverly Hills manse
“Stuck With U” songwriter drops $13M for Beverly Hills manse
Lily Collins and her Beverly Hills home (Getty, Nicholas Property Group)
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
Lena Dunham and her North Ogden Drive home (Getty, Compass)
That’s a wrap: Lena Dunham lists Hollywood bungalow
That’s a wrap: Lena Dunham lists Hollywood bungalow
P.K. Subban and Lindsey Vonn with their Beverly Hills home (Getty, Hurwitz James Company)
Winter sport wonders Lindsey Vonn and PK Subban list Beverly Hills home
Winter sport wonders Lindsey Vonn and PK Subban list Beverly Hills home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...