No starving artists here.
In an analysis of musicians’ priciest residential purchases of 2023, the top performers were Beyoncé and Jay-Z, David Guetta and Jennifer Lopez, according to data collected by Agent Advice.
The most expensive residential deal made by musicians last year was Beyoncé and Jay-Z’s $190 million purchase of a 6-acre Malibu trophy estate in May. The seller, art collector Bill Bell, Jr., commissioned Japanese architect Tadao Andao to design the oceanfront compound. The mansions span 40,000 square feet, seven bedrooms and 11 bathrooms, Zillow shows.
Across the country, in the tony Miami enclave Indian Creek Village, DJ and producer David Guetta bought a waterfront 1.2 spec estate from developer Todd Glaser for a reported $69 million in August. The deal marked the second priciest purchase made by a musician last year. The mansion at 37 Indian Creek Island Drive spans nearly 16,000 square feet, 12 bedrooms, and 118 of bayfront. Guetta’s neighbors on the “Billionaire’s Bunker” island include Jeff Bezos, Tom Brady and Jared Kushner and Ivanka Trump.
Following Guetta, Jennifer Lopez and her actor husband Ben Affleck dropped $60.9 million on a mansion in Beverly Crest. The 5.2-acre compound at 2571 Wallingford Drive includes a 38,000-square-foot mansion, a 5,000-square-foot guest house, a caretaker’s house and a guard house. The mansion has 12 bedrooms, 24 bathrooms, an indoor sports complex with basketball, pickleball and boxing, and collector’s parking for 80 cars.
After JLo’s purchase comes Rick Ross’ $35 million buy of a Star Island mansion in Miami Beach. Ross closed on the 12,400-square-foot mansion at 37 Star Island Drive in August, after getting approved by the homeowners association. It has six bedrooms, eight bathrooms, one half-bathroom, a pool and a Japanese garden.
Other musicians are, however, also looking to sell. Drake listed his Beverly Crest mansion for $88 million in May, but has yet to find a buyer. Rod Stewart is asking $80 million for a Beverly Park Manor compound. Cher listed her longtime Malibu home for $75 million.