×
You will be redirected back to your article in seconds

Beyonce and Jay Z Make $120 Million Offer for Los Angeles Mansion

BUYERS: Beyonce and Jay Z
LOCATION: Los Angeles, CA
LISTING PRICE: $135,000,000
SIZE: (approx.) 30,000 square feet, 8 bedrooms, 11 bathrooms

YOUR MAMA’S NOTES: Wildy rich pop culture supernovas Beyonce and Jay Z were reported in the Page Six column of the New York Post to have made a heart stopping $120 million bid for a brand spanking new, never lived in spec-built mansion in the tony Bel Air area of Los Angeles. The property in question was not listed on the open market but was being shopped around to the deepest of deep-pocketed buyers with an astronomical asking price of $135 million. It’s no secret the couple, currently preggers with twins, have been on a multi-year house hunt for a West Coast trophy estate but, for what it’s worth, one of the high-powered Platinum Triangle real estate movers and shakers we yammered with, who confirmed an offer was proffered, expressed skepticism about the reported $120 million figure.

Designed by architect Paul McClean and built by high-end property developer Dean McKillen, son of Irish tycoon Paddy McKillen, the boutique-hotel sized mega-manse sits behind massive woven metal gates at the end of an olive tree-lined and stone-paved driveway on a 1.88-acre hillside parcel in the plummy heart of prime East Gate Bel Air with panoramic city views over the rooftops of surrounding mansions. Linked by a spectacular circular staircase luxuriously lined with butter soft leather, the multi-level residence encompasses around 30,000 square feet of interior space spread over six ultra-contemporary structures that spill out through automated floor-to-ceiling glass panels to more than 10,000 square feet of outdoor living areas. According to marketing materials and press accounts, there are eight bedrooms, eleven bathrooms, an astonishing four swimming pools, a basketball court, garaging for up to 15 cars and separate staff quarters. Additional features include a library/office, a screening room, space for a recording studio and a spa/fitness suite with gym, hot tub, sauna and steam room.

The music and entertainment industry heavyweights, with a staggering 43 Grammys between them and a combined fortune the bean counters at Forbes estimate at about $900 million, have spent the last several years peeping and poking around some of the highest priced properties in Los Angeles. In the spring of 2013 there were unsubstantiated reports the couple wanted to buy Cher’s Malibu home — they didn’t — and the following year they were widely rumored to have been outbid on a 23,000-square-foot spec-built mansion in the Trousdale Estates area of Beverly Hills that went for $70 million to Minecraft creator Markus “Notch” Persson. Over the summer of 2016 there was a mountain of unconfirmed scuttlebutt the couple had set their real estate sights on another spec-built mansion, a 30,000-square-foot contemporary on 3.2 acres in Holmby Hills that was first listed at $150 million, but it was sold to billionaire investor Tom Gores in a complex $100 million deal in which several properties changed hands. Later in the year they were widely reported to have been outbid by designer Tom Ford on the former Beverly Hills estate of “James Bond” producer Albert Broccoli, now owned by Brad Korzen and maximalist decorator Kelly Wearstler — Ford didn’t buy the Broccoli/Korzen/Wearstler spread and instead dropped $38.75 million for the Holmby Hills estate of late socialite Betsy Bloomindale — and, finally, just last month the couple were rumored to have had some interest in the 56,500-square-foot former Spelling mansion, now owned by Formula One Racing heiress Petra Ecclestone and listed for a mouth-drying $200 million.

Time will tell if the couple, who maintain an 8,300-square-foot penthouse in lower Manhattan’s Tribeca neighborhood, move forward with the purchase of this latest home in Bel Air but for the time being the couple, who have bounced around to several prodigiously pricey Platinum Triangle rentals over the last few years, currently occupy a lavish estate across the street from the Playboy Mansion in Holmby Hills for which some reports suggest they shell out $150,000 per month. Once owned Baby Face Edmonds and later by former Dodger’s co-owner Jamie McCourt who sold it in 2015 for $45 million to the current owner, a British billionaire, the 2.61-acre spread offers a super-luxe 20,637-square-foot European-style villa with five bedrooms and six bathrooms plus an indoor Olympic-length swimming pool, a separate guesthouse and detached staff quarters.

Listing photos: Hilton & Hyland

More Dirt

  • Alex Trebek Lists Lakeside Vacation Home

    ‘Jeopardy’ Host Alex Trebek Lists Remote Lakeside Hideaway Near Paso Robles

    After he first gave it an unsuccessful go at $1.595 million, Alex Trebek now has his off-the-beaten-track getaway on Lake Nacimiento, outside the agriculture and viticulture oriented town of Paso Robles, Calif., up for sale at $1.399 million. Property records are unclear about when the five-time Daytime Emmy winning “Jeopardy” host acquired the remote, roughly [...]

  • Jen Kao Beverly Hills Home

    Fashion Designer Jen Kao Snags Jodie Foster's Beverly Hills Estate

    Legendary actress Jodie Foster made short work of divesting her Beverly Hills home of seven years, sealing the deal just two months after listing the spacious property. As previously reported, records show the transaction closed for $14,900,000, considerably more than the $11,750,000 she paid back in 2012 and certainly one of the highest prices for [...]

  • Adam Levine, Behati Prinsloo Seek Sale

    Adam Levine and Behati Prinsloo Seek Sale of Elegant Beverly Hills Mansion

    Though they’ve occupied the stately spread for only about a New York minute, itchy-footed mansion hoppers Adam Levine and Behati Prinsloo have slapped a eye-grabbing $47.5 million price tag on the swanky Beverly Hills, Calif., estate they bought just over a year ago for a smidgen more than $33.9 million from “Will & Grace” co-creator [...]

  • Peter Morton Lists Trousdale Estates House

    Peter Morton Asks $15 Million for Trousdale Estates Mid-Century

    Avid real estate investor Peter Morton has slapped a $15.45 million pricetag on an investment property he owns in Beverly Hills. Tucked away near the uppermost reaches of the exclusive Trousdale Estates neighborhood, the spread is marketed as a “once in a lifetime view property” and includes a coveted — if rather uninspired — residential [...]

  • Marc Jacobs Lists West Village Home

    Marc Jacobs Lists West Village Townhouse

    Iconoclast fashion designer Marc Jacobs has put his expensively dressed townhouse in the fashionable far West Village of Manhattan up for sale with a hang tag just shy of $16 million. Part of the Robert A.M. Stern-designed Superior Ink complex, with original interior architecture by Andre Tchelistcheff, the then brand-new townhouse was acquired in 2009 [...]

  • Princess Maha Alsaud Lists Mulholland Estates

    Princess Maha Alsaud Lists Mulholland Estates Mansion

    Los Angeles’ gated Mulholland Estates enclave is famed for its plethora of tabloid-friendly homeowners. Among the high-wattage names on the guardhouse’s residents list are Kendall Jenner, Paris Hilton, Charlie Sheen, DJ Khaled, Big Sean, Christina Aguilera, Vanna White, Tracey Edmonds and Rivers Cuomo. Though blessed with Beverly Hills’ coveted 90210 zip code, the Estates are [...]

More From Our Brands

Access exclusive content