Take A Look At BeyonceAnd Jay Z's New $45 Million Holmby Hills Home

The sprawling palace was previously owned by Diggers player Frank McCourt and was bought by a British millionaire for $45 million, but the new owner who is hardly in L.A. recently decided to put it on the market for lease for around $150,000 a month.. Bey and Jey, who toured the world over the summer have now signed a 1-year lease for this dream digs.

Their new home is a 20,000 square foot marvel with multiple pools, a waterfall and formal gardens.

See more photos of the home after the cut