It would be cool if this very fake-sounding rumor turned out to be fake, because Beyoncé's taste hangs in the balance. A piece of glossy, spec-built garbage in the vague shape of a home with the ludicrous asking price of $85M was reportedly visited by Beyoncé and Jay Z in September. Now, TMZ hears the "King and Queen of NYC" are on the verge of closing a deal on the home, which, at 23,000 square feet, is actually pretty small, for a figure like that.
The sterile, boringly "luxurious" Trousdale Estates contemporary has a 16-car garage, a basement with floor-to-ceiling candy dispensers, and a bunch of really tasteless decor inside that your 15-year-old cousin who just discovered Fight Club might appreciate: motorcycles parked in front of James Dean murals, Bentley pillows on the couch, a Bugatti in the showroom, etc. It's a perfect example of L.A.'s current class of ultra high-end speculative homes, which appeal to the kind of buyer whose love for conspicuous consumption makes dropping that kind of cash a point of pride, regardless of the figure's relationship (or lack thereof) to anything real. There are sprawling, historic, beautiful estates you could get in and around L.A. for a fraction of that price.
Sales records on the Zillow page indicate the one-acre property was bought by the developer in 2012 for $12,650,000. Even if we generously suggest that the land would go for $20M today, that still means the owners think they built a home worth $65M.
It would be nice to go on thinking that Beyoncé and Jay Z wouldn't be taken in by such obvious BS. TMZ says they've visited six times, and are the highest bidders of a four-party bidding war, with an offer of $70M on the table. If there really are other bidders, hanging a fake bid from two famous people at $70M sounds like a great way to drive them upward.