The Carters are making Paradise Cove in California’s famed Billionaires’ Row their home. Well, one of them.
After making music history, Beyoncé and Jay-Z made a real estate record. 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.
It sounds like an insane amount of money even after scoring a whopping US$100 million off – the house had been privately listed at US$295 million. Their next-door neighbour, venture capitalist Marc Andreessen, holds the record for the second most expensive home bought for a staggering US$177 million in 2021.
The US$200 million brutalist-style estate is set high above Paradise Cove beach. The massive 3.2-hectare space is encompassed by ocean and coastline views, along with being directly connected to Malibu’s most breathtaking beach. At the centre of the property stands an imposing 40,000 sq ft mansion.
It is the work of renowned Japanese architect Tadao Ando, who collaborated with LA-based Why Architects to deliver the billionaire family a dream home. Commissioned in the late 1990s, this contemporary design took nearly 15 years to plan and build.
The previous owners
While there are very few images of the estate available, it is known that the former owners, Bill and Maria Bell – creators of The Bold and the Beautiful – owned an impressive art collection, including notable works by Jeff Koons, Andy Warhol, Damien Hirst and Marcel Duchamp.
The all-white fortress features an L-shaped compound with robust concrete hallways. Pacific Pervious Concrete, a contractor, contributed an impressive 22,500 sq ft stretch of polished pervious concrete solely for the estate’s driveway.
This monolith gets its dose of openness with floor-to-ceiling glass panels. There will be plenty of space for Beyoncé’s three children to play in the expansive backyard boasting one swimming pool, one reflecting pool typical of Ando’s style, and direct beach access.
Aerial images reveal ample parking space outdoors in addition to a garage, which means the celebrity couple’s alleged US$29 million convertible Rolls-Royce will have a commodious parking to itself.
Beyoncé will presumably return to this minimalist yet luxurious home after completing her 57-concert Renaissance World Tour, from which she will reportedly make US$2 billion.