Jay-Z And Beyonce’ Buy $88 Million Estate In Bel-Air

JAY-Z and Beyoncé have decided on a home for their growing family…and big enough for a few more families as well.  The Carters are now officially Los Angeles residents.

 

The star couple purchased the $88 million Bel-Air mansion with a mortgage of $52.8 million. Per the Los Angeles Times, that amounts to mortgage payments amountingh to $252,075 per month over the span of 30 years, assuming a four-percent interest rate.

home

The impressive crib includes 30,000-square-feet of living space, four outdoor swimming pools, a full-sized basketball court, a spa and staff quarters spread across a two-acre estate.

The couple finally landed their home after repeatedly being outbid over the last three years. While house hunting, the duo rented a Los Angeles mansion for $150,000 monthly.

Currently, their million dollar pad edges David Geffen’s $85 million dollar Malibu purchase earlier this year, for the highest purchase in the county of Los Angeles. It is also the sixth largest sale of a single family home in Los Angeles.

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