Beyoncé and Jay-Z dropped $200 million on a 30,000-square-foot home in Malibu, California, setting a record for the most expensive home purchased in California.
TMZ reported that the couple paid all cash for the home on an exclusive stretch of Pacific Coast Highway. Dubbed an “architectural masterpiece” by the outlet, the property is the most expensive single-family home ever sold in the United States, according to real estate appraiser Jonathan Miller of Miller Samuel.
As big as that number sounds, it’s not the most expensive home ever sold in the U.S. That honor goes to a Midtown Manhattan condo owned by hedge fund billionaire Ken Griffin, who set the record four years ago when he bought it for about $239 million.
Here are the 10 most expensive homes ever sold in the U.S., according to Miller’s calculations.
10. Chartwell Mansion – $150 million
The estate at 750 Bel Air Road in Los Angeles is known as the real-life “Beverly Hillbillies” mansion after the sitcom. Built in 1933, the French neoclassical chateau sits on 10 acres and offers 25,000 square feet of living and entertaining space, including a ballroom, wine cellar, tennis court, 75-foot swimming pool and covered parking for up to 40 cars, according to KCAL. .
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The palace is the executive of Univision. It was and is the longtime home of Jerrold Perenchino Listed for $350 million After his death in 2017. It was sold two years later to Lachlan Murdoch, vice chairman of News Corp. and son of media mogul Rupert Murdoch, for $150 million, according to the Los Angeles Times.
Although the sale price marked a more than 50% discount from its initial listing, the home set the record for the most expensive California pad at the time, the Times reported.
9. Rush Limbaugh’s Palm Beach compound – $155 million
The five-bedroom estate at 1495 North Ocean Boulevard in Palm Beach, Florida was sold earlier this year to William Lauder, executive chairman of the Estée Lauder Company, for $155 million.
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Since the 1990s, the property was owned by conservative radio host Rush Limbaugh, who died in 2021. Limbaugh bought this particular parcel in 1998 for just $4 million, the Wall Street Journal reported.
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8. 220 Central Park South, Floors 60-61 – $157 million
Three of the 10 most expensive real estate sales in the United States took place in this towering skyscraper on the southern edge of Manhattan’s Central Park, nicknamed “Billionaire’s Row” for its abundance of overpriced condos.
In 2021, a buyer purchased the 60th and 61st floors of the exclusive building for $157.5 million. CNBC later identified the buyer as Joe Tsai, co-founder of Chinese ecommerce giant Alibaba and owner of the Brooklyn Nets and New York Liberty pro basketball teams.
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7. Warner Estate – $165 million
Amazon founder Jeff Bezos bought this 13,600-square-foot mansion in Beverly Hills in 2020 for $165 million. The former home of Warner Bros. co-founder Warner Baxter, the sprawling mansion was built in the 1920s and 1930s and adjoins the golf course. Tennis courts, three greenhouses and two guesthouses, respectively CBS Los Angeles.
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Bezos bought the property from music and film magnate David Geffen, who paid $47 million for the estate in 1990, the Wall Street Journal reported.
6. 589 North County Road, Palm Beach – $170 million
An oceanfront estate in Palm Beach, Florida, was sold in April to luxury car magnate Michael Cantanucci for $170 million, according to the New York Post and Wall Street Journal.
The 20,000-square-foot mansion at 589 North County Road was built in 2006 by Green Mountain Coffee Roasters founder Bob Stiller and his wife Christine, according to the New York Post. The home, which sits on 1.6 acres, has impact-resistant windows and doors and a generator to power all electrical systems, the Post reported.
The sale holds the record for the most expensive Palm Beach property. Cantanucci owns New Country Motor Car Group, a luxury dealership with locations in Connecticut, Florida, Maryland, New York and Pennsylvania.
5. Gemini Palace – $173 million
Billionaire Larry Ellison, the founder of Oracle, bought the 33-bedroom compound in Manalapan, Florida last year for $173 million, USA Today reported. It holds the record for the most expensive residential real estate transaction in the state.
The sprawling property known as “Gemini” is located on a barrier island between Palm Beach and Delray Beach. It has 33 bedrooms and 47 bathrooms, according to Curbed. The home faces the lake on one side and the ocean on the other, totaling 1,200 feet of beachfront and 1,300 feet of waterfront on the Intercoastal Waterway. According to USA Today, underground tunnels connect the two wings of the house.
Ellison bought the compound in 2022 from another software billionaire, Jim Clark, who bought it from the Ziff publishing family in 2021.
Although the compound is the most expensive piece of residential property to change hands in Florida, its large living space makes it a surprisingly good deal compared to other estates on this list. At 62,200 square feet, the Gemini’s sales price stands at $2,781 per square foot, according to Miller.
4. Paradise Cove Bluffs – $177 million
Venture capitalist Marc Andreessen and his wife, Stanford University professor Laura Arrillaga-Andreesen, bought this Malibu estate in exclusive Paradise Cove Bluffs in 2021, The Wall Street Journal and The Real Deal reported.
The estate at 27740 Pacific Coast Highway includes a main residence, two guest houses, a movie theater and a spa on nearly 7 acres, the Journal reported. It’s just a stone’s throw from Beyonce’s and Jay-Z’s new home at 27712 Pacific Coast Highway.
3. 220 Central Park South, PH73 – $188 million
A year after buying the 60th and 61st floors of Manhattan’s most expensive skyscraper, billionaire Joe Tsai set another record, paying $188 million for the penthouse at 220 Central Park South, according to media reports.
Bloomberg and the New York Times reported that Blue Pool Capital, which manages the fortunes of Tsai and fellow Alibaba co-founder Jack Ma, spent about $190 million on the unit as early as 2022. According to Bloomberg, JPMorgan Chase issued a $71 million mortgage for the property. , which includes a lower level maid’s room
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2. 27712 Pacific Coast Highway – $200 million
Beyoncé and Jay-Z’s $200 million estate purchase puts the estate second on the list of most expensive homes ever bought in the US
1. 220 Central Park South – $239 million
Ken Griffin, founder of hedge fund Citadel, holds the record for the largest real estate purchase with the $239 million purchase of a sprawling penthouse at 220 Central Park South in Manhattan. The 24,000-square-foot units boast views of Central Park and come with amenities including private dining rooms, athletic clubs, juice bars, squash courts and golf simulators. CBS News reported In 2019.
It’s one of many properties owned by the financier, who owns a Miami Beach condo, a London mansion, a Chicago penthouse, two beachfront estates in Hawaii and several million dollars worth of properties around Miami and Palm Beach. Griffin made waves last year when he announced that he would Moving the fort From Chicago to Miami citing concerns about crime.