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    Beyoncé and Jay-Z Just Bought California’s Most Expensive Home for $200 Million

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    Beyoncé and Jay-Z are on to the next one.  

    The power couple just added another property to their epic real estate portfolio and simultaneously claimed the title for the priciest real estate transaction in all of California. The music moguls dropped a whopping $200 million on a futuristic mega-mansion in Malibu, according to TMZ. The gargantuan sum shattered the Golden State record previously set by billionaire investor Marc Andreessen’s $177 million deal in 2021. It’s also now considered the second most expensive home sale in America, following a $238 million penthouse scooped up by hedge funder Ken Griffin in 2019. (Although, Bey and Jay would’ve smashed that if they shelled out for the original $295 million asking price.)

    Obviously, the Carters’ new 30,000-square-foot spread isn’t your average beach house. The concrete-clad abode was designed by award-winning Japanese architect Tadao Ando in collaboration with L.A.’s WHY Architects. Renowned contemporary art collectors Bill and Maria Bell commissioned Ando to create the ultra-modern compound, which they bought for $14.5 million in 2003, the Los Angeles Times reported. (Bill is the son of late Emmy-winning soap opera creators Lee Phillip Bell and William J. Bell, who were behind shows including Bold and Beautiful and The Young and the Restless.)

    Beyoncé and Jay-Z just dropped $200 million on a beach house in Malibu, setting a record for the most expensive home sale in California

    Courtesy of WHY/Photo by Florian Holzherr

    Completed over a decade later in 2014, the crib has served as a museum of sorts for the Bells’ vast array of legendary artworks, which includes pieces by Jeff Koons, Damien Hirst, and Andy Warhol, to name a few. “Thrilled to have #Acrobat with Cy Twombly’s work at Bill and Maria Bell’s incredible new #Malibu home,” Koons captioned a 2015 Instagram post. Over the years, stars such as Pharrell and Billy Idol have even paid a visit to the brutalist fortress in question. 

    Spread across eight acres on a bluff overlooking the ocean, the Pacific Cove estate features huge gray-toned hallways and sweeping, floor-to-ceiling glass walls. Outside, you’ll find manicured lawns, two glistening swimming pools, and an inviting patio. As the deal was handled off-market, there aren’t too many other design details available. Broker Kurt Rappaport of Westside Estate Agency reportedly represented the buyers and the seller, as per TMZ.  

    Ando has created more than a few notable private residences throughout his career, including fashion designer Tom Ford’s $75 million Cerro Pelon Ranch in New Mexico. The Pritzker Prize winner is also currently working on a Palm Springs pad for Kim Kardashian. The Carters are in good company, then. More

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      This Oceanfront Malibu Manse Was Robert De Niro’s Home in ‘Heat.’ Now It Can Now Be Yours for $21 Million.

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      A Malibu pad from a classic crime flick just hit the market. 

      Located at 26940 Malibu Cove Colony Dr, the oceanfront home famously starred on the silver screen as the residence of the Neil McCauley, the thief played by Robert De Niro in the 1995 movie Heat. The two-story residence, which has listed for $21 million, was designed by architect Ron Goldman and spans 3,502 square feet with four bedrooms and three bathrooms. Dissolving walls, walkways, and private terraces blend the property’s indoor and outdoor spaces.

      Inside the informal living room with views of the outdoor patio.

      Sterling Reed

      The midcentury-modern home’s exterior is dressed in white with a decidedly minimalist design approach, accented primarily with structural lines. A roof of skylights floods the interior spaces with light, complementing the living room and dining room to the left of the entry foyer. The living room houses a fireplace and offers access to an expansive balcony with breathtaking ocean views. Off the living area, you’ll find the dining room and kitchen. The latter is a chef’s kitchen with professional-grade appliances. The space’s open design, meanwhile, offers views of the central staircase, upper level and ocean in one space. 

      An informal living room sits on the ground floor with ample space for your furniture, as well as your favorite books. To the left of that space, you can access the serene outdoor patio with wood flooring, lush landscaping and a floating staircase. The primary bedroom is one floor above, and offers its own private ocean-view balcony, fireplace and an en-suite bathroom with his and hers sinks. Other bedrooms can be found on this floor as well, including one with its own outdoor patio.

      Robert De Niro next to the home’s expansive balcony on ground level in 1995’s Heat.

      Courtesy of Youtube

      While the home doesn’t offer discrete entertainment spaces, its spacious garage could double as a gym for fitness buffs. It comes filled with storage cabinets, a washer and dryer unit, as well as space for at least two of your favorite rides. Speaking of which, newly installed Tesla chargers in the space should prove useful for those who’ve joined the electric revolution. One final perk? The property is gated and protected by guards 24/7 as part of the Malibu Cove Colony. So, chances are no one will be bringing heat to your doorstep.

      For more details, contact Jane Dorian at Carolwood Estates who holds the listing. 

      Click here for more images of the residence.

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      A Former Warner Bros. Exec Just Listed His Sprawling Calabasas Ranch for $25 Million

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      Okay, so it’s not Montana. However, a majestic ranch 10 miles from Malibu just popped onto the market.

      Former Warner Bros. CEO Bob Daly and his wife, Carole Bayer Sager, have listed their sprawling, 19-acre estate in Calabasas for a cool $24.9 million, The Wall Street Journal first reported. Known as Oaktree Ranch, the property comprises two houses: a 7,500-square-foot main residence, plus a caretaker’s cottage. The couple bought the spread back in 1999 following Daly’s departure from the movie studio. After tearing down the primary dwelling, they tapped architect Mark Rios to redesign the abode, which was completed in 2003.

      Former chairman and co-CEO of Warner Bros. Bob Daly is selling his California ranch for $24.9 million

      Anthony Barcelo

      Internally, the palatial pad has a rustic yet modern feel with three bedrooms spread across two levels. An expansive primary suite takes up the entire upstairs, decked out with its own office, a spa-like bathroom, and a massive walk-in closet. Down below on the main floor are two additional sleeping quarters, a gym, and a secondary workspace. The common spaces are laid out in an open concept. Think a central sitting area that’s anchored by a fireplace. Nearby is a dining room and a fully equipped chef’s kitchen. “The ranch gave me an instant vacation. When I go there I feel like I’m in a different world,” Daly told the WSJ.

      The 19-acre grounds include a horse stable, in addition to chicken and pigeon coops

      Anthony Barcelo

      The grounds include a large swimming pool and a private tennis court. Of course, fellow animal lovers can enjoy the eight-stall horse stable, two corrals, and multiple coops. Goats, ducks, and even ponies are just some of the creatures that Daly currently owns. In addition, there are dozens of birds from chickens to pigeons on the property. “My pigeons get a bath two or three times a week,” he added. Though, they won’t be coming with him back to his home in Bel Air, which his wife prefers. “The ranch doesn’t give her what it gives me,” he told the newspaper.

      Stephen Shapiro and Kurt Rappaport of Westside Estate Agency hold the listing together.

      Click here to see all the photos of Oaktree Ranch.

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      Reese Witherspoon Once Lived in This Rustic Malibu Farmhouse. Now It Can Be Yours for $8 Million.

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      There are several perks to snagging this Malibu ranch. For starters, it comes with its own Airstream and is steps away from one of the world’s most famous beaches. Plus, you’d be living in the home where Reese Witherspoon used to hang her hat.  

      The actress originally bought this Southern California compound, aptly named Zuma Farms, in 2019. Though, she decided to offload it just one year later, reported Dirt. Now, that same property has found its way back onto the market, but this time the seller is real-estate heiress Meg Haney. If you’re willing to fork over $8 million, the celeb-loved pad can be yours.  

      A Malibu compound that Reese Witherspoon once called home has just listed for $8 million

      Simon Berlyn for Sotheby’s International Realty

      Dating back to 1949, the rustic-looking spread sits on roughly two acres and is highly secluded, hidden amongst lush woodlands and 1,500-year-old sycamores. In the decades since Zuma Farms was built, it’s undergone an extensive renovation and, at some point, even operated as a wedding venue. The grounds here currently include a modernized main house, a repurposed barn, a gym, horse paddock and sports court. Plus, don’t forget about that aluminum trailer out back. It sleeps four and has been decked out with its own kitchen, bath and shower. 

      The spread includes a repurposed barn decked out with a billiards area, kitchen and media center

      Simon Berlyn for Sotheby’s International Realty

      In the main residence, there’s no shortage of charming details. You’ll find dark hardwood floors, exposed beamed ceilings and white paneled walls. The abode offers up four bedrooms, in addition to an eat-in kitchen, a living room with a brick fireplace, a dining area and a bar. Several vintage details are on display throughout the dwelling, including a claw-foot soaking tub and antique hardware. Just outside, there’s a charming swing set hanging from a tree along with a fire pit and a hot tub. Elsewhere, the barn has been given a similarly stylish overhaul; it sports the same soaring high ceilings and wood flooring but with the added bonus of a billiards area, media space and lofted bedroom.  

      Graham J. Larson of Sotheby’s International Realty holds the listing.

      Click here to see all the photos of Zuma Farms.

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      Zuma Farms in Photos

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      <!– <!– _ _ _ ____ _ _____ _ ___ | | (_) | _____ / ___|___ __| | ___ | ____| |__|__ | | | | |/ / _ | | / _ / _` |/ _ | _| | '_ / / | |___| | Zuma Farms in Photos – Robb Report ad More

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      The Late Tom Petty’s $9.8 Million Malibu Mansion Comes With Its Own Recording Studio

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       When Tom Petty wrote “I’m watching the water, watching the coast, suddenly I know, what I want the most,” the opening line of his song “Something Good Coming,” he was at his beach house in Malibu. Now, the late musician’s Southern California abode is ready to inspire someone new.

      Compass agent Chris Cortazzo, who originally sold the oceanfront compound to Petty as a vacation home back in 2010, has just put the property back on the market for $9.8 million. Sited on Escondido Beach, the 16,691-square-foot property comprises a two-bedroom main residence and a guest house that’s currently configured as a recording studio. It also comes with an oceanfront deck with steps that lead down to a 66-foot stretch of sand.  

      The guest house is set up as a recording studio.

      Mike Helfrich

      “When Tom first walked into the home, he just loved the essence and the spirit,” Cortazzo said in a press statement.

      The interior of Petty’s former pad is clad with wood—everything from the tall ceilings to the floors—which gives it the feel of a cozy cabin. The living quarters do incorporate the beachy surrounds, though, with walls of glass that look out to the water. There are also several outdoor spaces that embrace the seaside setting.

      “Tommy loved that the beach house was pretty much all original, built in 1950, with a cabin feel,” adds Petty’s wife Dana. “We spent a lot of time there with friends and family.”

      In the living room, you’ll find a large fireplace with a floor-to-ceiling brick chimney. It serves as a handsome divider between the lounge and the nearby kitchen. Elsewhere, the formal dining room has library shelving and a sliding glass door with access to that picturesque deck. “Tommy always had his recorder and guitar, as he was always writing and creating,” adds Dana. “I remember him writing so many songs there.”  

      The living room opens up to an oceanfront deck.

      Mike Helfrich

      Both of the main house’s bedrooms are located on the first floor. The primary suite is distinguished by a tiled fireplace, a spacious walk-in closet, a private beachfront balcony and a bathroom with a super large window for sea gazing. Downstairs on the lower level is a family room that can act as an office, recreational space or media center depending on your needs.

      As Petty famously wrote, “There’s somethin’ lucky about this place.” 

      Click here to see all the photos of Tom Petty’s Malibu beach house. More

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      A Castle-Like LA Manse Once Owned by the Red Hot Chili Peppers’ Flea Just Listed for $9.8 Million

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      From a futuristic Richard Neutra compound in La Crescenta to a tropic-themed Malibu cottage, the Red Hot Chili Peppers bassist Flea has racked up quite the real estate portfolio. Now, another one of his former California properties has hit the market and it’s chock full of Art Nouveau style and the musician’s personal flair. 

      Nicknamed The Castle, the striking two-acre spread is nestled in the hills of the Los Feliz neighborhood. Originally designed in the ‘20s by Angelus Temple architect A.F. Leicht, the Los Angeles abode comprises four bedrooms, four bathrooms and roughly 5,600 square feet of living space. Michael Balzary (aka Flea) bought the manse for $1.7 million back in 1996 and later sold it for $3 million in 1999 to late Getty oil heir, John Gilbert Getty, reported The Wall Street Journal. The Castle changed hands yet again in 2014 when current owner and artist, Muna El Fituri, scooped it up for $8.3 million. 

      An Art Nouveau-style mansion formerly owned by Red Hot Chili Peppers bassist Michael ‘Flea’ Balzary just listed for $9.8 million

      Alex Zarour/Virtually Here Studios

      Per Balzary’s request, the property now has a recording in the two-story, detached garage (which the rocker surely put to good use). The grounds also come with lush gardens and a basketball court out back painted the purple of Flea’s beloved Lakers. Inside, the architectural estate is laden with Egyptian and Moroccan influences. Think large geometric pillars, arched passageways, hand-cut stone walls and curved gold-colored ceilings. In fact, step into the two-story formal living room and you’ll find ornate trim that’s supposed to resemble the Sistine Chapel, notes the WSJ. 

      Dubbed ‘The Castle,’ it was originally built in the 1920s by architect A.F. Leicht and today has Egyptian and Moroccan influences

      Alex Zarour/Virtually Here Studios

      Elsewhere, an elegant octagonal-shaped lounge area is swathed in gold as well. Seriously, it covers every wall. In the foyer, there are soaring 26-foot-high ceilings, a dramatic stone staircase and a grand chandelier at the center. If you’re into rare and ultra-cool perks, check out the observation tower. It’s complete with its own rooftop terrace where you can catch uninterrupted views of downtown Los Angeles, the Pacific Ocean and beyond. If you want a shot at owning The Castle, it’ll cost you a cool $9.8 million.  

      Ernie Carswell with Douglas Elliman and Steve Sawaii and Daria Greenbaum of Compass hold the listing together.

      Click here to see all the photos of The Castle. 

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      Steve McQueen’s Former Beachside Hideaway in Malibu Hits the Market for $17 Million

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      Edgy and effortlessly cool not only describes the late actor Steven McQueen, but also his former Malibu abode. And if you ever wanted to channel the movie star’s iconic style IRL, his one-time waterside pad has hit the market. 

      The Southern California residence that McQueen shared with wife and leading lady, Ali MacGraw, is officially up for grabs. According to public records, McQueen’s son, Chad, sold the oceanfront home in July 2020. It then changed hands once again in September of the same year when current owner and songwriter Ammar Malik scooped up the Victoria Point property for $8.35 million, reported The Wall Street Journal.  

      Malik, alongside his partner, Chyna Bardarson, spent seven figures to remodel The King of Cool’s former hideaway, which is perched on a bluff for ultimate privacy. Today, the overfall feel post-reno is ultra-modern with huge sliding doors, black-framed windows and rich wood paneling. If you’re curious about what the home looked like before, you can check it out here. 

      Steve McQueen’s former beach house in Malibu just listed for $16.9 million

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      Because of its location, expect to encounter some beachy touches, like a storage room with plenty of space to hold your surfboards, in addition to a private staircase that leads directly down to the sandy shore. Two outdoor showers should come in handy if you plan on rinsing off after paddling out. Or, if you’d prefer to scope out the swell first, there are multiple decks that offer up sprawling views from Broad Beach to Point Dume. 

      The four-bedroom home has been modernized and features sliding glass doors and multiple balconies

      The Luxury Level

      In all, it comprises four bedrooms, five bathrooms and 4,335 square feet of living space. On the main level is a bright and airy chef’s kitchen with stainless steel appliances and a wine-rack wall. Elsewhere, an open dining and living room looks directly out to the Pacific. The second level is where you’ll find the primary suite. The space has been decked out with an accent wood-paneled wall, a fireplace, an ocean-facing balcony and a spa-like bathroom. Now, it can all be yours for $16.9 million.

      Elizabeth Donovan of Coldwell Banker Realty holds the listing. 

      Click here to see all the photos of Steve McQueen’s former Malibu home.

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