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The Real Deal Los Angeles

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

July 31, 2017 10:30AM

Rendering of 454 Cuesta Way, Jay-Z and Beyoncé (McKillen Developments/Getty Images)

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