Jay Z Buys Sprawling Seven Bedroom Seafront Property For $26m
Celebrity power couple Jay- Z and Beyonce were the lucky buyers of the sprawling Hamptons estate that had been on the market for eight years.
According to TMZ, the musical duo bought the Pond House estate located in East Hampton, New York, for $26million after originally being put on the market in 2009 for $39.5million.
It is the second home in recent that the couple – who welcomed twins in June – have done after reportedly closing a deal on a huge Bel Air mansion going for $130 million – way over their budget of $75 million.
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There is a grand room at the rear of the home with fire places on each side and two fully windowed stories overlooking the pool and pond.
The home features a beautiful carved stone fireplace, and the floors were created and installed by French craftsmen.
The raised property overlooking the pond has a infinity swimming pool and sits next to a 17-acre meadow preserve, which lends an added level of privacy to the lucky buyer.
Laced throughout the home is quarter-sewn white oak paneling, while the floors were created and installed by French craftsmen.
The house has a wraparound limestone porch, and outdoor dining area.