It was an expensive summer for Beyoncé and Jay-Z.
Less than two months after the billion-dollar power couple purchased a 2-acre hillside estate in Los Angeles for $88 million, they've scooped up a $26 million Hamptons property, reports Trulia.
They will be paying $69,658 a year in property taxes for the 12,000 square-foot mansion, which is located in East Hampton, New York, and sits adjacent to the exclusive Georgica Pond. Lori Schiaffino of Compass held the listing.
The Carters currently hold Forbes' title of the highest-paid celebrity couple in the world, with a combined fortune of $1.16 billion.
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The entertainment moguls have famously been serial renters, only recently settling down as homeowners after the birth of their twins in June.
Scroll through for photos and to watch the video tour of Beyoncé and Jay-Z's new Hamptons abode.
Designed by architect Stanford White and built a century ago, the home has been renovated and expanded over the years to incorporate new, modern amenities. The latest renovation was designed and sourced by builder Jeffrey Collé.
The property includes a detached, 1,800-square-foot guest cottage. There's also a 45-foot-long infinity pool and accompanying spa.
Elevated on a two-acre site with over 200 feet of waterfront on Georgica Pond, it's private and secluded. The previous owner reportedly rotated the original house 90-degrees to frame the views of the waterfront from the living room.
The 12,000-square-foot home has seven bedrooms and seven-and-a-half bathrooms — plenty of space for the couple and their three children.
Custom design and hand-milled woodwork are visible throughout the house. The bathrooms are sculpted with marble from Verona, Italy, according to the listing.
The home boasts heated floors and numerous stone-carved fireplaces.
And a 4,000-square-foot basement has 10-foot ceilings, a laundry room, and a three-car garage.
Now take the video tour, provided by Compass.
For more information and photos of the home, visit the home's designer and builder Jeffrey Collè's website.