Beyonce and Jay Z buy $32 million house in the Hamptons

There’s been plenty of speculation about Beyonce and Jay Z’s latest property acquisition in LA, and now it turns out they’ve picked up a mansion on the US east coast as well.

The couple is reported to have paid $US25,925,000 ($32.6 million) for the seven-bedroom home in – where else – the Hamptons.

Specifically, East Hampton in New York State, with 60 metres of waterfront on Georgica Pond, a coastal lagoon that is also overlooked by Stephen Spielberg.

Singer Beyonce and husband, rapper Jay Z. Photo: Adam Davy/AP