Beyoncé, Jay-Z Pay $200 Million for Malibu Home, Most Expensive Real Estate Ever Sold in California

Beyonce Knowles-Carter and Jay-Z attend the European Premiere of Disney's "The Lion King" at Odeon Luxe Leicester Square in London, England, on July 14, 2019. Gareth Cattermole/Getty Images for Disney

The most expensive piece of real estate ever sold in California was purchased by Beyoncé and Jay-Z in Malibu last week for $200 million, according to TMZ.

Per TMZ, the couple’s purchase was actually a deal since the home was originally listed for $295 million.