Lori Loughlin and Mossimo Giannulli bought a new home amid the college admissions scandal, downsizing to a house that cost them $9.5 million.
The couple recently closed on the house, which is located in Hidden Hills, California, according to Variety. The home — built in 2019 — is inside a gated community.
The house has six bedrooms and nine bathrooms. There’s more than 11,000 square feet of living space for the couple, too.
And don’t worry. The backyard has a pool and spa, a fire pit for good measure and a barbecue area that rests before a view of the entire hills of California, according to People magazine.
The couple has moved to Hidden Hills amid the college admissions scandal. The couple pleaded guilty earlier this year after spending more than a year of their life pleading not guilty. The couple had been accused of paying $500,000 in bribes so their daughters, Olivia Jade and Isabella Rose Giannulli, could be crew recruits for the University of Southern California.
Recently, the couple sold their home in Bel Air — for a whopping $18.75 million — to Tinder co-founder Justin Mateen. Of course that seems like a lot of money but it was actually a 50% discount from the home’s original listening, which was closer to $35 million, as I wrote about for Deseret.com.
Now, the couple will live close to John Stamos, who starred alongside Loughlin on “Full House.” Other celebrities in the area include Drake, The Weeknd and Miley Cyrus.
The couple are scheduled to plead guilty before U.S. District Court Judge Nathaniel M. Gorton later this month, seeking his approval for the guilty plea.
Loughlin will plead guilty to one count of conspiracy to commit wire and mail fraud and Giannulli will plead guilty to one count of conspiracy to commit wire and mail fraud and honest services wire and mail fraud, according to the U.S. Attorney’s Office in Massachusetts.
Loughlin will be sentenced to two months in prison, a $150,000 fine and two years of supervised released with 100 hours of community service, according to the U.S. Attorney’s Office in Massachusetts.
Giannulli will be sentenced to five months in prison, a $250,000 fine and two years supervised release with 250 hours of community service, according to the U.S. Attorney’s Office in Massachusetts.