After selling their Bel-Air mansion to Tinder co-founder Justin Mateen, various outlets are carrying the news that Lori Loughlin and Mossimo Giannulli have "downgraded" to a $9.5 million home in the Hidden Hills area. But as always, it's probably important to remember that "downgrading" is usually a relative concept. This new residence is nothing short of spectacular, showcasing that even in a perceived downgrade, luxury and comfort can be deeply intertwined.
It's unlikely that very many people would consider this 6-bedroom, 9-bathroom home a downgrade in their own lives. The farmhouse-style, 11,748-square-foot jewel of the exclusive Ashley Ridge neighborhood of Hidden Hills is all but completely brand new, having been built just last year. Featuring a blend of elegance and modern amenities, this property is designed to cater to the needs of any family looking for a tranquil yet upscale lifestyle.
Here's how the property was described in its official listing from Tomer Fridman of The Fridman Group: "Characterised by warm tones, maple floors, & high ceilings, the 11,748 sqft showplace combines clean contemporary design with the farmhouse aesthetic, creating a fresh take on luxury country living. The 6 bed 9 bath home is graced by a thoughtfully designed open floor plan, height in ceilings and width in hallways, all bathed in ample natural light from glass sliding doors."
| Detail | Information |
|---|---|
| Bedrooms | 6 |
| Bathrooms | 9 |
| Square Footage | 11,748 sqft |
| Location | Hidden Hills, CA |
| Year Built | 2022 |
| Price | $9.5 Million |
If you're seized by the desire to call this property home, you might just have to wait a few years, since Loughlin and Giannulli have made it a practice in recent years to purchase a home, live in it for a few years, remodel it extensively, and then sell it for a tidy profit and moving on to the next one – so stay tuned!
What You Will Learn
- The value of luxury home features, even in a perceived downgrade.
- Insights into the real estate strategies of celebrities.
- Understanding the concept of "downgrading" in the luxury market.
- The significance of location and design in home value.
