1020 Prospect Street #350
La Jolla, CA 92037
For the past few months, pop queen Beyoncé and her rapper-mogul husband Jay-Z have been on the hunt for the perfect abode to all home in L.A., and it looks like they’ve finally found it.
In true Beyoncé and Jay-Z style, the power couple not only purchased an incredibly expansive and lavish compound in the uber-opulent posh East Gate area of Bel Air, but one that takes the top spot as the priciest residential real estate deal in Los Angeles so far in 2017 and the 6th highest price ever paid for a single-family residence in Los Angeles County.
The title was previously held by L.A. Dodgers’ owner Mark Walter who purchased David Geffen’s Malibu estate on Carbon Beach. The home traded hands at a whopping $85 million this past May.
It was initially reported that the house hunters made a $120 million dollar offer on the steep $135 million asking price, but ended up making an off-market deal for a much lower amount. According to public records, the multiple-winning Grammy winners are carrying an incredible $52.8 million mortgage on the home.
The mammoth 30,000-square-foot expanse is comprised of six glass-walled buildings tucked behind iron gates and perched on about two acres of hilly terrain. Designed by well-renowned architect Paul McLean, the home boasts 8 bedrooms and 11 bathrooms, providing plenty of space for the couple and their growing family as well as a slew of overnight guests.
Accessed through a set of glass-paneled doors is a massive 10,000-square-foot outdoor living area complete with a basketball court, several patios and terraces, a 15-car garage, and not one, but four infinity-edge swimming pools, one of which is rooftop.
There are plenty of water features throughout the compound as well as a set of floating trees near the entrance, making for a grand approach to the majestic home. All the outdoor steps that lead to the compound’s various levels are decked out in noble travertine marble.
Anchoring the three-story main house is a stellar circular staircase adorned in customs stairs and dark-brown leather, which looks more like a piece of art than a structural component. The home is perfect for indoor-outdoor living at its finest thanks to all the floor-to-ceiling glass-paneled windows (which are bullet-proof, no less) that offer amazing views of the surrounding greenery and the city in the distance.
Inside the home are soaring 30- to 40-foot ceilings, contributing to the grandiose feel of the entire space. The property is also the ultimate ‘smart home’ thanks to just about every feature being operated by remote.
The spacious kitchen is lined with custom-made cabinets that were imported from Italy and features two gargantuas islands and top-of-the-line Miele appliances. Each one of the home’s custom-designed 11 bathrooms is unique and laid out with Gessi faucets and convenient toilets that flush, open, and close without having to be touched at all.
Given Queen Bey’s never-ending wardrobe, the songstress has her own enormous walk-in closet to house her constantly growing clothing and shoe collection. Jay-Z has his own walk-in closet too, but his wife’s easily overshadows his and rivals the size of the average apartment in NYC.
Other notable features of the home include a spa and fitness/wellness center with 12-person whirlpool, media room, gaming room, separate staff quarters, and even a helipad for convenient getaways without having to fight the L.A. traffic or the lurking paparazzi.
For an astounding $88 million, expect nothing less than the best for this star-studded A-game couple.