It's all over the real estate community in the area ... the house is not on the market, but it has been quietly shopped for $130 MILLION. It's 30,000 square feet on 1.86 acres, 8 bedrooms, 11 bathrooms, 4 pools, a basketball court, recording studio, spa and paddle tennis court. It's also fully furnished.
Multiple real estate sources claim the house is currently in escrow, but the amount is a mystery. Two sources claim Beyoncé and Jay-Z are paying $120 million ... way over their $75 million budget, but most other sources say they're ONLY paying around $90 million. Get this ... the people who are selling the estate bought it in 2013 for $15 million. They tore the house down and the last 4 years has been almost nonstop construction.
TMZ has reported Beyoncé and Jay have been frustrated, looking at every available property in their price range for 2 years, without success. They didn't want anything more than $75 mil. Based on what we're hearing now, it seems they made this secret deal and stretched their budget. TMZ was told the Bel-Air estate is "spectacular."
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