Kanye West just dropped $57.3 million on a rare 4000 square-foot Malibu property.
According to TMZ, the minimalist beach pad designed by award-winning Japanese architect Tadao Ando was put up for sale last year for $75 million, however the house didn’t sell quickly because it’s small and intended for the super rich.
The $57 million paid by Kanye West is the second highest price paid for a Malibu home this year, reports Dirt.
Sold by retired Wall Street financier Richard Sachs, The structure reportedly required 1,200 tons of poured concrete, 200 tons of steel reinforcement and 12 pylons driven 60 feet into the ground, supporting the monstrously heavy house from sinking into the sand.
Built in 2013, The 3-story sculpture-esque home features three guest bedrooms on the ground floor, with a living room, kitchen, and powder room on the second floor. The top floor contains a penthouse-level bedroom suite and rooftop oceanside terrace.
Kanye’s new home is just 30-minutes away from his massive Hidden Hills estate where his estranged wife, Kim Kardashian and their four children still live.
The vaguely Brutalist-inspired house is the latest addition to his collection of homes, which includes a vast ranch in a semi-remote pocket of Wyoming, a Brutalist-inspired condo in Calabasas and two minimalist condos in a brick New York City building. He’s also got more than 300 acres of vacant hillside land on the Calabasas outskirts, where he once attempted to build a mysterious “village” of dome-like homes.