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    Celebrity Real Estate

    Say what? Beyonce and Jay-Z lose bidding war for crazy Beverly Hills mansion to a video game star

    Elizabeth Rhodes
    Dec 23, 2014 | 1:29 pm

    Houston's own hometown favorite Beyonce and her superstar rapper husband Jay-Z have been house hunting in Los Angeles, and much to their chagrin, they've lost a bidding war on the most expensive single-family home in Beverly Hills history.

    The mansion — located at 1181 North Hillcrest — is somewhat of a celebrity in its own right, as it made real estate waves when it hit the market listed at $85 million. With eight bedrooms and 15 bathrooms — each outfitted with fancy "Toto Neorest toilets at a price of $5,600 each" — the home is opulent to say the least.

    Completed in September 2014, the 23,000-square-foot mansion features "a candy room with an M&M tower; a car showroom; bars fully decked with high-end vodka and/or tequila; a dramatic cliff-edge pool that you reach by stepping out through a 54-foot glass door; a home theater; a lavishly stocked wine cellar; a gym; and an 18-foot onyx dining room table embellished with Roberto Cavalli place settings valued at $3,700 each," according to SFGate.

    The mansion is somewhat of a celebrity in its own right, as it made real estate waves when it hit the market listed at $85 million.

    While this might sound like the perfect home for a couple as used to a lavish lifestyle as Beyonce and Jay-Z — rumored to have submitted a $70 million bid earlier this month — they actually ended up losing the bidding war for the Beverly Hills mansion.

    Who won?

    Markus Persson, creator of the hugely successful video game Minecraft. According to a press release from the John Aaroe Group, which represented Persson in the deal, the $70 million sale of the home to the Minecraft maven closed in a very speedy six days.

    Persson not only purchased the home itself but also all the furnishings, including "giant grenade art, the replica of James Dean’s motorcycle" and three "high-definition 90-inch television screens" purported to teleport "panoramic views of Los Angeles from the roof into the downstairs lounge."

    Pool view.

    1181 North Hillcrest Jay Z Beyonce 5
    1181hillcrest.com
    Pool view.
    unspecified
    news/real-estate

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    luxury real estate

    Houston had 2nd-highest share of luxury home sales in Texas in 2025

    Amber Heckler
    Jan 9, 2026 | 9:15 am
    10106 Meadow Lake Lane, Houston luxury home for sale
    Estately.com/
    This home at 10106 Meadow Lake Ln. in Houston's Briargrove Park neighborhood is on the market for $1.95 million.

    A new luxury real estate report reveals Texas broke a record for the highest number of million-dollar homes sold from November 2024 to October 2025, and the Houston-Pasadena-The Woodlands metro boasted the second-largest share of million-dollar home sales statewide.

    A total of 14,418 Texas homes were sold for at least $1 million last year, generating a record-breaking $24.5 billion, according to Texas Realtors' 2025 Texas Sales of Million-Dollar Homes Report. The number of luxury home sales in the state soared 12 percent compared to the previous year.

    Million-dollar home sales in the Houston metro made up 27 percent of all luxury home sale transactions in Texas during the 12-month period, the report found. The total sales dollar volume of Houston-area homes that sold for $1 million or more added up to about $6.8 billion last year, or about $1.1 billion more than it did during the previous period from November 2023 to October 2024.

    Nearly 3,950 million-dollar homes were sold in the Houston region at an average price of $379 per square foot. For comparison, the average price per square foot for all residential homes in the metro was $176.

    Both figures are lower than the statewide average, according to Texas Realtors.

    "The average price per square foot of $1 million+ homes increased to $423 from $418 last year and was more than double the $188 average price per square foot of all Texas homes," the report said.

    Houston also had the second-highest median closing price for its million-dollar homes statewide, at about $1.39 million.

    Furthermore, Houston's luxury homes are significantly larger the typical residential home in the metro. A million-dollar home in the metro spanned 4,397 square feet, compared to 2,115 median square feet for all residential homes.

    "High-end homes continue to be a small but mighty segment of the market," said Texas Realtors chairman Jennifer Wauhob in a press release. "Texans remain confident in the value of these properties, whether they are drawn to outstanding amenities, prime locations, or both."

    Elsewhere in Texas, Dallas-Fort Worth Arlington saw the No. 1 highest share of million-dollar home sales in Texas, at 38 percent, followed by Austin-Round Rock-San Marcos (19 percent), the rest of Texas (11 percent), and San Antonio-New Braunfels (5 percent).

    housing marketmillion dollar homesluxury real estatetexas realtors
    news/real-estate
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