Tuesday, May 7, 2024

Jay-Z and Beyoncé drop $200 million on Malibu mansion Los Angeles Times

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It was last on the market for $65 million when Jamie McCourt decided to sell the home. It was purchased by a mysterious “British Billionaire” for $45 million in 2014, which is who Beyoncé and Jay Z rented from. After having their previous rental sold out from under them, Beyoncé and Jay Z landed this massive estate in the heart of Beverly Hills for the same price. Formerly owned by ex-Los Angeles Dodgers owner Jamie McCourt, the Carters paid a reported $150,000 per month for this swanky Beverly Hills mansion. With this purchase, the Carter’s have spent a whopping $114 million in 2017 on real estate deals from coast to coast. Developer Tyrone McKillen bought the lot and previous home for $15 million in 2015.

Caitlyn Jenner’s House in Malibu, CA

The historic deal redefines the luxury market in Southern California, which has slowed down so far this year in the wake of the red-hot pandemic housing market. It also marks another feather in the cap for the affluent enclave of Paradise Cove, which has emerged as one of the most valuable stretches of land in the entire country. Jay-Z and Beyoncé just shattered California’s price record, paying $200 million for a striking concrete compound overlooking the ocean in Malibu, according to TMZ.

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Where does Jay Leno live now?

However, Sebring was not the only celebrity to live there and suffer terrible luck, movie star Jean Harlow also lived in the property, when her husband was found dead in what was deemed a suicide. Before the likes of Nicki Minaj and Katy Perry, it was Beyoncé who broke the internet with a dramatic pregnancy reveal. And when her twins turned a month old, she celebrated the milestone with an equally ethereal post-baby shoot. 30 days after their birth, Beyoncé used her private home garden to share a first glimpse of babies Sir and Rumi with the world. The Carter family's sprawling garden features neatly sculpted shrubs and comes with a closer view of the beach too. In real life, the charming two-story that served as Mitch and Cam’s vine-covered home on Modern Family is located at 2211 Fox Hills Drive, in Century City, CA.

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jay house

The couple was married for just two months before tragedy struck—on September 5th, 1932, Paul Bern was found dead with a single gunshot wound to the head and a 38 caliber revolver in his hand. His body was discovered by house staff who, rather than calling the police, immediately contacted executives at MGM, the studio where Bern worked. Though his death was ultimately ruled a suicide by police, many—including some of Bern's colleagues in the film industry—believe he was actually murdered and that the studio covered it up to save Harlow's career. Whichever the case, Bern wouldn't be the last owner of the home to suffer an untimely death. This home actually has an elevator as well, but seeing as it’s made of glass, Solange will have to be on her best behavior.

Beyoncé Net Worth / Jay Z Net Worth

While there are many lights fitted into the ceiling, the true life of this house meets the eye during the daytime. The expansive windows on the walls let tons of sunlight in to make the entire house bright and lively. The location of the dining room also makes this house a really unique experience for anyone who visits.

His father, William J. Bell, created the iconic soap operas The Young and the Restless and The Bold and the Beautiful. Times, Bell purchased the property in the late 1990s for $14.5 million and enlisted Ando to create a modernist glass-and-concrete structure. He’s considered one of the biggest art collectors in the world, with numerous works of art by Jeff Koons, Andy Warhol, Damien Hirst, Marcel Duchamp, and many more. The new Blue Jay Way home, at 8,000 square feet, is by no means the grandest of McClean’s designs, which can come with six-digit square footages and nine-digit price tags. The style is a take on the area’s iconic midcentury modern, metaphorically pumped up with steroids and silicone to a scale that would make Rudolph Schindler, a pioneer of the modernist Hollywood house, blush.

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With this image of Jay-Z with rapper P Diddy, which was shared in 2019, Beyoncé gave us a glimpse into her living room. You’ll spot ash grey carpets, glass panels, white-washed walls and a large piano taking centre stage here. A teal blue velvet couch with metallic gold frames adds a subtle hint of colour to the space. The 4-bedroom, 2-bathroom duplex is almost a century old, having been built in 1929. While there are no recent sales on record, the multifamily property is worth around $2 million. It’s now worth well over $10 million, with real estate portals like Zillow.com estimating its value around $11 million, while Redfin.com places it at around $11.5 million.

Commissioned by soap opera legends William and Maria Bell in 1999, the structure was designed by the Japanese architect Tadao Ando. The Bell House, as it is known by the contractors who constructed it, took 15 years to build. She can be seen walking along Venice Beach with her yellow lab mix in tow, staring off into the sky hoping that looking uninterested and deep will get her discovered.

jay house

Jay Leno’s Journey to Beverly Hills

She and Jay-Z are known to also own works by David Hammons, Richard Prince and Laurie Simmons, among many others. Beyoncé Giselle Knowles-Carter, best known as just Beyoncé, is a much-loved name in every country across the globe, and for good reason. With 24 Grammys (and 70 nominations in total, making her the most nominated artist in Grammy history), the icon is among the world's most talented musicians, and has made waves once again with her latest visual album, Black Is King.

Beyoncé Knowles and Jay-Z are known for breaking records, and now, they’ve broken the record for purchasing the most expensive home in California’s history. George Harrison reportedly stayed at this house, which belonged to friend and Gift of Fear author Gavin de Becker, during his last days in 2001. The Beatles were big Elvis fans and their manager, Brian Epstein, and Presley's, Colonel Tom Parker, finally arranged a meeting late on August 27, 1965 at Presley's rented house in Bel Air. It was reportedly kind of awkward, but they joked around, had a jam session, and John and Elvis even talked "about Peter Sellers and favorite scenes from Dr. Strangelove." Kurt Rappaport of Westside Estate Agency handled both ends of the deal, TMZ reported.

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. In October 2017, public records show the couple is still dumping money into the mansion. They have taken out 2 permits – one to install a backup generator, and the other to add a living space below the pool to the tune of $750,000. Beyonce owns not only an incredible, 30,000 square foot estate in Bel Air, CA worth $88 million, but also owns a massive mega mansion in East Hamptons, New York. Brad Smith is an experienced interior designer and the founder of OmniHomeIdeas.com. With a Master's degree in Interior Design from Pratt Institute and a passion for creating safe and healthy living spaces, Brad shares his expert insights and innovative design ideas with our readers.

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