Jay-Z & Beyoncé make history with the purchase of CA's MOST EXPENSIVE HOME!

Beyoncé and Jay-Z just set the record for the most expensive home sale in California.

This Malibu mansion has 40,000 sq. ft. of living space and is on 8 acres of blufftop land with ocean and coastline views.

Construction of the property began in 1999 and took 15 years to complete.

There is a large backyard with two outdoor pools and a reflecting pool.

Asking price: $295,000,000

Selling price: $200,000,000