An exquisitely outfitted home by prominent Hamptons builder Jeffrey Collé has sold after eight years to superstar couple Jay-Z and Beyonce, according to the NY Post. The 12,000-square-foot abode on Georgica Pond first hit the market in 2009 – that cursed year – when it was listed for $39.5 M. It just sold for $25.92 million, a more than $13 M reduction. The couple also recently scooped up an ultra-modern estate in Los Angeles for a mind-numbing $88 million. Located on about two hillside acres in a prime pocket of Bel Air, the multi-structure compound comprises six boxy, glass-walled pavilions that together span around 30,000 square feet. They also own an 8300 square foot penthouse in Tribeca which they purchased in 2004 for $6,850,000.
The developer spared no expense in the 7-bedroom Georgica house, which is sited on the footprint of a Stanford White residence. Features include a 30-foot double-height ceiling in the drawing room, parquet floor made from ancient French oak beams and Louis XV fireplaces – the real thing sourced in France. Not your typical spec house.
While building the home, which took almost three years, he employed more than 100 in crew and set up a woodworking shop in the basement where craftsmen could do their own milling of floors and doors. It was listed by Lori Schiaffino of Compass
Photos via: Jeffrey Colle