Celebrity real estate rumor on the Platinum Triangle real estate street has is that Jay Z and Beyoncé are fixin’ to plunk down a staggering $93 million for a brand-new, spec-built mega-mansion on 2.17 prime, celeb-pedigreed acres in the heart of Los Angeles’s ultra-fancy Holmby Hills ‘hood.
Rumors about these two come by about every 12 seconds. Remember back in 2008 when they were rumored to be the buyers of a 15,000-square-foot mansion in Scarsdale? How about in 2013 they were said to be interested in Cher’s big ol’ Italian Renaissance pile in Malibu then being covertly shopped off-market at $41 million? Neither was true so, some amount of skepticism is probably not such a bad thing here.
The newly completed compound, built on the site of Barbra Streisand’s former estate Mon Reve, weighs in with 30,000-square-feet of air-conditioned interior space and a total of 38,000-square-feet under roof. From the looks of things this place has more in common with a boutique five-star hotel as is does with what mere financial mortals think of as a homey family home. Listing details and reports from earlier this year when the property popped up for sale with an elephantine and, hence, publicity assuring $150 million price tag show there are 10 bedrooms and 20 full bathrooms in the main residence plus several separate structures for guests and/or staff.
The master suite alone sprawls across 5,300-square-feet, according to marketing materials, and opens to a heated and covered private veranda. The estate incorporates a sprawling entertainment complex with lounge, wine room, and professional-grade movie theater with what listing descriptions describe as “a separate valet entrance.” And, because no spec-built mansion of this magnitude would be complete without an extensive private spa, there’s an indoor waterfall that drops into a lap pool, beauty salon, mani-pedi station, massage room, and steam facilities. Listing details also indicate there’s off-street parking for 50 cars plus a 10-car subterranean garage and the decadently landscaped grounds offer a resort-scaled swimming pool, vast terraces, numerous fire features, both tennis and basketball courts, and a private hiking trail. Talk about lavish!
Jay Z and Beyoncé, have bounced around to several super-luxe and outrageously Platinum Triangle rentals over the last couple of years, and have been on a long and well-documented hunt for a world-class trophy residence in Los Angeles. In New York City, the couple currently reside in an 8,309-square-foot penthouse acquired by Mister Z, née Sean Carter, in September 2004 for $6.85 million — it’s where they were married in April 2008.
