Cher's lavish mansion on the Pacific Coast Highway in Malibu has been sold to another epic diva: Beyonce herself. It was listed in 2008 for $45 million however it was taken off the market because Cher said the view was too good to get rid of. However in March it was silently put back up for sale and it has been picked up by Queen B.

The 13,126-square-foot mansion has an Italian Renaissance-style and is quite astounding as you can see in the photos above. It boasts stone walls and a stamped-copper dining-room ceiling. The Ron Wilson-designed palace contains seven bedrooms, 9 baths, a theatre, a tennis court, a pool, and an adjacent guest house. It is truly a palace.

Apparently this past Saturday the deal went through and Cher held a party following the big news, which you can hear more about in the video below.

[via Curbed]