1205-1181-north-hillcrest-huge-home-4Jay Z and Beyonce — the King and Queen of NYC — could be California dreaming by Christmastime … they’re on the verge of closing a deal for an insane mansion, listed for $85 million.

According to TMZ’s real estate sources Jay and Bey are the front runners in a bidding war on the 23,000 square foot palace in Beverly Hills — and in the most UBER exclusive part of BH.

We’re told there are a total of 4 offers on the pad — listed by real estate maven Branden Williams — and the Carters aren’t the only celebs interested.

Our source says Beyonce, Jay and the seller are “just a few million dollars apart” on the price. They’ve already visited the home six times.

The deal’s expected to close by Christmas for right around $70 million! Stuff that in your stocking.

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