This week in celebrity real estate: Beyoncé and Jay-Z inch closer to homeownership, Nazarian and RHOBH star Paul Kemsley strike a deal … and more

TRD LOS ANGELES /
Aug.August 04, 2017 06:30 PM

The rich and famous are keeping the hills alive with the sound of money this week – especially Beyoncé and Jay-Z. The power couple put in an $90 million offer to purchase their own L.A. compound in Bel-Air at 454 Cuesta Way, but don’t pop open the champagne bottles just yet. The deal, for developer Dean McKillen’s megamansion, has yet to close. The six-structure compound, totaling 30,000 square feet, has eight bedrooms and 11 bathrooms. The two-acre gated estate also has four pools, a 15-care garage and bulletproof windows.

Over in Beverly Hills, the party is just getting started for nightlife impresario Sam Nazarian and his new business partner, “Real Housewives of Beverly Hills” star, Paul Kemsley. An entity tied to Nazarian is listing an Italianate Villa for $12.7 million as a JV with the developer Kemsley. The 8,679-square-foot property has six bedrooms and seven bathrooms with a screening room, bar and library. Drew Fenton of Hilton & Hyland and Mauricio Umansky of the Agency have the listing.

Nazarian may be the rock star of the hospitality world, but Kanye West is filling up stadium seats (sometimes to complain about his former pal Jay-Z). The rapper and fashion designer sold his Hollywood Hills West home – featured in his “Heartless” music video – for $2.95 million in an off-market deal. The 4,214-square-foot property has three bedrooms and four bathrooms with a large fish tank in the master bathroom. West purchased the pad in 2003 for $1.75 million.

Meanwhile, the longtime Brentwood home of Jerry Zucker re-listed for $15.5 million, a $1 million price chop from when it first hit the market in April 2016. The director of films including “Ghost” and “The Naked Gun” first bought his 10,000-square-foot mansion in 1990 for $4.1 million. The six bedroom and 10 bathroom home was built in 1939 and has a billiard room, gym and home theater designed by Michael Kovac of Kovac Design Studio. Justin Alexander and Tami Pardee of Halton Pardee + Partners have the listing.

Los Angeles Chargers tight end Antonio Gates fielded a catch in Encino. The veteran football player and his wife, Sasha Gates, who’s a cast member of E! realty show “WAGs,” picked up a newly-built home in Encino at its asking price of $6.9 million. The 8,500-square-foot home on Hayvenhurst Drive has six bedrooms and eight bathrooms. It has a floating staircase, screening room and glass-encased wine cellar and tasting room. The tight end has been busy selling off properties as well, including his Hollywood Hills pad for $1.7 million last month.


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