Beyonce And Jay-Z Buy Most Expensive Home In California Worth $200 Million: Report

Beyonce-Jay Z New House: The house was owned and built by William Bell, one of the biggest art collectors in the world.

Los Angeles: Power couple Jay-Z and Beyonce just bought one of the greatest architectural masterpieces in California - a 30,000-square-foot home. Real estate sources told tmz.com that the couple paid $200 million for the property, making it the most expensive home ever sold in the entire state of California, eclipsing the previous record of $177 million.

It's also the second most expensive real estate deal in the country - the top being $238 million for an NYC apartment. The home was listed for a whopping $295 million. The house sits on an 8-acre bluff overlooking the Pacific Ocean in the Paradise Cove area.

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It's also an architectural jewel, designed by Tadao Ando, a Japanese master architect, who is also designing the house rapper Kanye West bought in Malibu.

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The house was owned and built by William Bell, one of the biggest art collectors in the world. It took Bell almost 15 years to build the all-concrete structure.

The home is the couple's second massive real estate purchase known in Los Angeles. Back in 2017, they purchased a Bel-Air mansion for $88 million, and pumped millions more into the home to push it over the $100 million mark.