The house in Malibu was designed by famous architect Tadao Ando. This was once the home of art collector William Bell, and is currently considered the second most valuable house in the United States.
With an area of 30,000 square feet (2,787.0912m²) and transaction value of 200 million USD, this is the most expensive residential real estate transaction in the entire state of California and the second most expensive in history. Real estate transactions in the US.
Jay-Z and Beyoncé were just reported by the media to have won one of the greatest architectural masterpieces in America – a large house in the most prime area of Malibu – a settlement of billionaires. richest in the world.
Real estate sources tell TMZ that Hollywood’s top couple paid $200 million for the property, making it the most expensive home ever sold in the entire state of California… far surpassing The previous record was 177 million USD.
This is also the second most expensive real estate transaction in the US – the highest is 238 million USD for an apartment in NYC.
One person involved revealed that they actually made an unbelievable deal… the house was quietly listed for a whopping $295 million. The house is located on a large plot of land overlooking the Pacific Ocean in the Paradise Cove area… AKA Billionaires Row – the residence of the world’s billionaires.
The structure is also an architectural gem, designed by Tadao Ando, a Japanese master architect who is also designing the house Kanye West bought in Malibu.
The house was owned and built by William Bell, one of the world’s largest art collectors. It took Bell nearly 15 years to build the structure entirely out of concrete.
The home is the couple’s second largest real estate purchase in the Los Angeles area. Other known information is that in 2017, they bought a mansion in Bel-Air for $88 million and pumped millions more into the house to push it to a price of more than $100 million.
Prominent broker Kurt Rappaport, who represents both buyers and sellers, said we reached out to his office for comment but to date, they have not responded.
