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Kurt Rappaport of the Westside Estate Agency represented both the buyers and seller. Per his bio on the WEA site, he’s got some practice working with big-name buyers; prior clients include Madonna, Brad Pitt, and Tom Cruise. A Bel Air mansion by McClean that sold for just shy of $30 million in 2012. A Beverly Hills home features the terracing and glass walls common to McClean’s projects. His first Bird Streets home, on Blue Jay Way, was purchased by Aviici in 2014.
Beyoncé and Jay-Z buy new $200 million Malibu mansion - Fortune
Beyoncé and Jay-Z buy new $200 million Malibu mansion.
Posted: Tue, 23 May 2023 07:00:00 GMT [source]
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Two days after she was born in 2012, her father, Jay-Z, released the song “Glory,” which featured her cries and coos. Since she was individually credited on the track, she became (and remains) the youngest person to appear on a Billboard chart. “This is the Oscars of real estate,” Alexander Ali, a public relations official, told me that night. He runs a company, the Society Group, devoted solely to promoting celebrity agents and the houses that they list. The good ones package it up, serving it to clients in the form of property tours that show off not only a house, but also the life that a house can offer. And the really good ones are so adept at spinning the fantasy that they’re building careers on television out of it.
Drake wants $88 million for Beverly Crest mega-mansion he bought last year for $75 million
Every performer listed on the Stagecoach website received a feature that links all of their social media accounts. On that Instagram account (@djbackwoodsbarbie) currently lies 15 pictures — plenty of which directly reference Beyoncé and Cowboy Carter. The mastermind behind the “Star Wars” and “Indiana Jones” franchises has reportedly spent more than $100 million to develop a 4,700-acre property in secluded Nicasio, Calif., a rural patch north of San Francisco. Aptly called Skywalker Ranch, the property includes a man-made lake, a restaurant and a fire station, as well as sound-mixing and recording facilities. Last summer, the Snap co-founder and chief executive Evan Spiegel, who became a billionaire at 25, and his supermodel wife, Miranda Kerr, closed on a $120 million estate in the Holmby Hills neighborhood of Los Angeles.
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Now, the power couple can count a groundbreaking real estate record as one of their own, after the purchase of a $200 million Malibu home—the priciest in the history of The Golden State, TMZ reports. The nine-figure transaction shatters Marc Andreessen’s former record in California, set with his $177 million purchase in 2021, also in Malibu. Though he works on a grand scale, McClean isn’t interested in hotels or commercial projects. He grew up outside Dublin to working-class parents, in a row house around 600 square feet—about the size of many of the his-and-hers bathrooms he designs today. Around age four, he became fascinated with houses; at his local and school library he discovered Frank Lloyd Wright, Rudolph Schindler, and Richard Neutra as well as Frank Israel. Entertainment news outlet TMZ reported on Friday that the music icons had paid $200 million for a 40,000-square-foot property in the Paradise Cove area, citing sources in the real estate industry.
The eye-watering price tag makes the house the most expensive property ever to be sold in the state of California, dethroning a Malibu estate bought by venture capitalist Marc Andreessen for $177 million in 2021. When you hear the sounds of house music, you start to feel a little groovy. Some people say dance music isn’t the same anymore, but this is the type of music that will get you out of your seat, and that’s what people need right now. Just last week, Drake released his seventh studio album titled Honestly, Nevermind.
Though it’s unknown how much the couple paid for the unique 13,300-square-foot mansion, it was listed for $2.6 million at the time of their purchase. Built in the 1920s in the Spanish Baroque style, the towering three-story building, known as La Casa de Castille, was divided up into a main residence and three separate apartments, with seven bedrooms and eight bathrooms between the spaces. The place made headlines again in 2021 when a fire broke out at the property; several months later, TMZ reported that the couple was listing it for $3.5 million and then a more ambitious $4.45 million. In 2017, they shelled out $88 million for an impressive Bel-Air pad, and they also own homes in New York City and the Hamptons. The Carters’ recent purchase surpassed the former record of a $177 million Malibu compound purchased by billionaire Marc Andreessen in 2021, TMZ reported.
In May 2023, Beyoncé and husband Jay-Z purchased a $200 million dollar Malibu home overlooking the Pacific Ocean, inking the most expensive real estate deal in California history, according to TMZ. 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. 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 house is a minimalist masterpiece, a modern concoction of concrete and glass envisioned by art collector William Bell, who bought the property for $14.5 million in 2003.
The not-so-humble-abode that Queen Bey and the hip-hop mogul will share costs a cool US$200 million, making it the most expensive home ever sold in California, as per TMZ. McClean landed first in Orange Country in the 1990s, not exactly the time or place for architectural innovation. In 2000, he designed a house in Laguna Beach, and began picking up local clients. He cut his teeth in an area with an active design board, where any development requires a public presentation. The experience likely prepared McClean for dealing with L.A.’s lengthy approvals processes, which can take as long as building a house, as well as its high-profile clientele.
Dubbed “The One,” the McClean house comes with a 30-car garage, a 5,000-square-foot master bedroom, and a casino, among other features that balloon it to nearly 100,000 square feet. “[It] came on the market right around the same time that Lehmann Brothers crashed, and it sold for a lot of money,” McClean says. The address sold in 2005 for $2.6 million; in 2009, after McClean’s work, it went for $10 million. “That made people take notice of the house.” A slew of requests for projects in the area began, and they’ve never really stopped. His office of no more than a dozen people is still based in Orange County, in the retro downtown of the city of Orange, and now designs around a dozen homes a year. Nearly all are in Southern California, most between 4,000 and 12,000 square feet.
Beyoncé and Jay-Z certainly made jaws drop last week when news broke that the pair splashed out a cool $200 million to purchase a luxe home in Malibu — breaking a California home sale record in the process. If you haven’t noticed, this world has gone through a lot in the past few years. From a global pandemic that led to people being isolated from one another, to a period where we continued to fight hard for social justice, we haven’t had anything to help us shake off the blues.
One week after welcoming twins Rumi and Sir in June 2017, the elated parents (they also share 12-year-old daughter Blue) opted to temporarily move into an estate in Malibu to recoup and get to know the latest additions to their family. The pair rented the 6.3-acre compound known as La Villa Contenta for $400,000 a month. The extremely private, 12,000-square-foot Mediterranean-style residence had amenities like a movie theater, a gym, and a wine cellar, as well as numerous terraces overlooking the Pacific Ocean (though no direct beach access).
Beyonce also has her very own dressing room which she has previously unveiled in various photos. It's decorated with wooden floors and a large cream rug, and features tall cream wardrobes. There is also a mirror taking up an entire wall, framed with large spotlights. Much like their living room, it has floor-to-ceiling windows, which open out onto a large terrace with grey tiles and glass railings offering an incredible view over the neighbourhood. It features brushed grey carpets, walls with silver glass panels and frames, and what seems to be a wooden panel at one side.
The digs, boasting 30,000 square feet along the Pacific Ocean in Malibu, cost the couple $200 million. This makes it the most expensive purchase for a private residence in California. Because the home was listed privately, it’s not known how many bedrooms and bathrooms are inside or the types of amenities—but we can only imagine the home’s features are fit for the couple’s extravagant tastes. The calming retreat is both simple and tranquil—surely a respite from both of the musician’s busy lifestyle. Knowles is currently in Europe on her Renaissance World Tour, which is estimated to rake in nearly $2 billion. Just this year, she claimed the title for the most Grammy wins of all time.
The Malibu mansion was also where Beyoncé famously shared a first photo of the twins the day they turned one month old. Their Mediterranean-style villa (one of only 35 homes on the island) was built in 1991 and boasted seven bedrooms and eight bathrooms, plus its own private boat dock. The couple was believed to have paid a little over $9 million for the compound, but they didn’t hold onto it long, selling it for $9.3 million in 2010.
The singer sold the 44th-floor corner unit for $9.95 million in 2017 after less than a month on the market. Her mother, Tina Knowles, also previously owned a residence in the same building but sold it in 2011. McClean points out a white cluster in the mountains just east of the Getty Museum. “You probably can see it from space,” McClean says of the spec home he installed there. This particular one is asking an astonishing $500 million, making it the most expensive mansion in America (a title currently held by another Bel Air property not of his design, listed at a mere $350 million).
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