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.
The sprawling main house is 12,000-square-feet, overlooking Georgia Pond with 203-feet of water front viewing.
The main home has seven bedrooms and nine bathrooms, some of which are outfitted with hand-carved heated marble tubs.
The massive open floor plan kitchen and dining area is designed to allow maxium sunlight and outdoor air in as most of the perimeter has floor to ceiling French doors.
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.
There is also a spa for extra measure.
The home is a Jeffery Collé design. All the stone floors have radiant heat. The home is fully pre-wired for home automation including lighting systems, multi-line phone systems, audiovisual and security.
The guest house is a 1,800 square foot cottage with two full bedrooms, a living room, kitchen and bath.
The property is the second most expensive to be sold this summer in the Hamptons, with the first being Hillary and Bill Clinton’s estate, which went for just a few million more at $29million.