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The five-bedroom home was originally listed for $50 million. Brady and Bundchen purchased the property in 2009 and built the 14,000-square-foot mansion from scratch.
Highlights include a moat, sweeping terraces, and an infinity pool with views of the Pacific Ocean.
Apple announced late last month that it would buy Dr. Dre's company, Beats Electronics, for $3 billion. He's worth a reported $800 million after the deal.
While news of Dre buying the mansion broke before the Apple-Beats deal became official, we can't help but think the new pad was a celebratory purchase.