The confidence in the real estate market is back and the luxury properties and trophy homes are getting listed on the market with increasing regularity. The latest amongst the extravagant homes from New York to be listed is named Sandcastle. The owners are none other than Beyonce and Jay-Z. It is a 12 acre Hanptons estate which is currently listed on the market for $43.5 million. The estate has a 31,000 square foot main house that boasts of some incredible amenities including a two-lane bowling alley, a 60-foot heated pool with an underwater stereo system, a spa facility, and a “children’s performing area. As far as accommodation is concerned it features14 bedrooms and 19 bathrooms.
Self Made Millionaire and Single Mom Rented it for $500,000
The estate is available on a rent of $400,000 a month. In fact there is an inspiring divorcée rental history associated with the estate. Cheryl Mercuris, a stunning self-made millionaire and a 40-something divorcée from Tampa had taken up a two-week summer rental in the Hamptons for $500,000 in 2010. The Bridgehampton estate cost her a staggering $1,488 an hour. She is a single mother who made her own fortune in direct marketing and did not invest that kind of money just to go to the beach and shop at tony boutiques but because she hoped to find the love of her life.
One must admit that she was being very focused as East End is known as the international hunting grounds for women seeking the world’s most eligible bachelors. She had positioned herself in the lavish estate with her six year old son and parents to be able to mingle with hedge-fund managers and Wall Street lawyers in their natural lairs. The area is full of celebrity studded restaurants and glamorous events. Cheryl found Florida to be very quiet and laid-back in comparison. She couldn’t really find the love of her life but had a great time. The kids were really happy on the estate scooting around the property on a golf cart, and horseback riding. With a two-lane bowling alley, a squash court, a professional spa, and a rock-climbing wall it is a kid’s wonderland.