Here's where Beyoncé and Jay-Z's new pad falls on the list of priciest U.S. homes
CBSN
Beyoncé and Jay-Z have reportedly dropped a cool $200 million on a 30,000-square-foot home in Malibu, California, setting a record for the priciest home ever 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 also the most expensive single-family-home ever sold in the U.S., according to real estate appraiser Jonathan Miller, of Miller Samuel.
As massive as that figure 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, which set the record four years ago when he bought it for nearly $239 million.
