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Beyonce, Jay-Z Drop $400K on Hamptons Summer Rental

Posted on Jul 30th 2012 1:00PM by Kenneth Partridge

James Devaney, WireImage

As reported on The BoomBox: There's big pimpin', and then there's big pimpin'. Jay-Z and Beyonce evidently prefer the latter, and according to the New York Post, the power couple just spent $400,000 on a summer rental in the Hamptons.

Jay, Bey and daughter Blue Ivy Carter will spend the month of August vacationing at "the Sandcastle," a gargantuan estate that sites on 11 acres and boasts a rock-climbing wall; a 60-foot heated pool, complete with underwater stereo; tennis, basketball and racquetball courts; a bowling alley; a spa facility and an eight-car garage.

There's even a recording studio, in case anyone -- dad, mom or heck, even lil' Blue -- gets the urge to cut an album.

Currently on the market for $43.5 million, the home was built by renowned developer Joe Farrell, who's rented out the property in recent years. While the Jonas Brothers were said to be interested in snagging the place for the summer, they ultimately opted for another Hamptons pad, the Post reports, leaving the Sandcastle to music's reigning king and queen.

Watch Beyonce's "Countdown" Video