L
ori Loughlin and Mossimo Giannulli have finally closed the sale of their Hidden Hills estate, roughly a month after announcing their separation. The 11,800‑square‑foot contemporary farmhouse, which had been on and off the market for over a year, changed hands for $12.65 million, according to Realtor.com—almost $5 million less than the original asking price.
The couple, who tied the knot in a private ceremony in November 1997 and have two daughters—Olivia Jade (26) and Isabella Rose (27)—announced their split in early October after 28 years of marriage. A spokesperson for Loughlin told Page Six that they were “living apart now,” but no legal action had been initiated.
Hidden Hills, a gated enclave that also hosts celebrities such as Kim Kardashian and the Pinkett‑Smiths, offers residents a luxurious lifestyle. The property features maple‑wood floors, soaring ceilings, a sparkling pool, a bocce ball court, a fire pit, and a barbecue area—ideal for entertaining.
The 1.57‑acre lot offers privacy and sweeping views of the San Fernando Valley. Inside, an open‑concept living area floods with natural light from floor‑to‑ceiling windows, while a gourmet kitchen with high‑end appliances and a central island serves as the heart of the home. Additional amenities include a home theater, a fitness room, and a private office, reflecting the couple’s blend of entertainment and business pursuits. Experienced agents highlighted the estate’s modern design and Southern California charm during the sale, ensuring a smooth transaction. The new owners have chosen to remain private, underscoring the discreet nature of the deal.
The family bought the parcel in August 2020 for $9.5 million, but their plans were interrupted when both Loughlin and Giannulli received prison sentences later that month for their role in the Varsity Blues college‑admissions scandal. Loughlin was sentenced to two months, while Giannulli received five months, after their daughters were fraudulently admitted to the University of Southern California as athletic recruits.
After the scandal, the home entered the market in April 2024 with an initial asking price of $17.5 million. It was withdrawn and relisted at $16.5 million in February, then trimmed to $14.95 million in July. Finally, a buyer secured the property for $12.65 million, a significant discount from the original listing.
Despite the high‑profile nature of the sale, the transaction was completed quietly, with no further legal proceedings reported. The couple’s separation and the eventual sale of their Los Angeles residence mark the end of a chapter that began with their elopement and was later marred by scandal and legal troubles.
