In an opulent East Hampton home, Beyoncé and Jay-Z seem content.

The news that Beyoncé and Jay Z paid $28.95 M for the “Pond House” in East Hampton, which had been listed with Compass for eight years, is intriguing. Their already strong property portfolio is enhanced by this real estate acquisition. It appears from their pur cha se of the 12,000 square foot house—especially after welcoming twins Sir and Rumi—that they were searching for an opulent and roomy place to live.

Impressive elements of the home include 18th-century French Louis XV carved stone fireplaces and superb hand-pegged parquet de Versailles flooring, which combine modern luxury with classical grace. Beyoncé and Jay Z obviously have a penchant for upscale homes that are stylish and comfortable. Their position as one of the most powerful power couples in the entertainment business is further cemented by this pur cha se.