Tom Ford Purchases Kelly Wearstler's Beverly Hills Estate for $53 Million (Report)

Courtesy of Google Earth; Mike Marsland/Mike Marsland/WireImage

The City of Angels just got even more stylish.

There's no place like home (especially one worth millions) — and soon Tom Ford will be able to call a Beverly Hills mansion just that.

The fashion designer and film director has reportedly purchased interior designer Kelly Wearstler and hotelier Brad Korzen's residence, which formerly belonged to James Bond producer Albert "Cubby" Broccoli, reports the Los Angeles Times. The newspaper's sources also denied rumors that Jay and Beyonce were interested in the home, as previously reported by TMZ.

The house comes with a long Hollywood history, too. It was originally built in 1926 for silent film actor Hobart Bosworth, who later sold it to The Thin Man actor William Powell in 1933. The late Broccoli purchased the home in 1969 and his family owned the property until 2005.

The 3.2-acre property includes seven bedrooms, nine bathrooms, two-bedroom guesthouse, a swimming pool and tennis court. The home also includes a gym and a screening room.

Next up for Ford? His second feature film Nocturnal Animals, starring Amy Adams and Jake Gyllenhaal, will open in select theaters Nov. 18