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Lori Loughlin Sells Los Angeles Estate to Tinder Co-Founder for $18.75 Million

Introduction:

Lori Loughlin, the Full House actress and her fashion designer husband, Mossimo Giannulli, sold their luxurious Bel-Air estate to Sean Rad, the co-founder of the popular dating app, Tinder. The 12,000 square foot mansion was first listed for $35 million but eventually sold for $18.75 million. The couple’s decision to sell the lavish home came after they were involved in college admission scandal and had to serve time in jail. In this blog post, we’ll take a closer look at this stunning mansion and why it is worth every penny.

1. The Design:

The Mediterranean-inspired mansion features six bedrooms, nine bathrooms, a screening room, multiple fireplaces, a fitness room, and a chef’s kitchen. The indoor-outdoor living spaces are perfect for California’s warm weather. The house also has a pool, spa, and a tennis court, making it a perfect place to entertain guests.

Lori Loughlin Sells Los Angeles Estate to Tinder Co-Founder for $18.75  Million - Mansion Global

2. The Location:

The estate sits on a prime corner lot in the heart of Bel-Air, offering breathtaking views of the city. The neighborhood is known for its luxurious homes and famous residents, making it a popular hotspot for Hollywood A-listers.

3. The History:

The mansion has a rich history, as it was once owned by Charles Percy, a former U.S. Senator from Illinois. It was also featured in the opening credits of the popular 1960s TV show Green Acres. The property was later purchased by Loughlin and Giannulli in 2015 for $14 million.

Lori Loughlin and Mossimo Giannulli Sell Home for $18.75 Million

4. The Upgrades:

The couple spared no expense in upgrading the property, investing in high-end finishes such as marble floors, custom cabinetry, and imported tiles. They also added a wine cellar, a game room, and a private balcony to the master suite.

5. The Sale:

After their legal troubles, Loughlin and Giannulli decided to sell the property in 2019. The mansion was initially listed at $35 million but eventually sold for $18.75 million, a significant loss for the couple. The buyer, Sean Rad, reportedly plans to renovate the property and turn it into his dream home.

Conclusion:

Lori Loughlin and Mossimo Giannulli’s former estate is a true gem in the heart of Bel-Air, boasting stunning design, prime location, rich history, and luxurious upgrades. Despite the controversy surrounding the couple’s involvement in the college admission scandal, the mansion still attracted a high-profile buyer in Sean Rad, who saw its true potential. The sale highlights the ups and downs of the real estate market and how even celebrities can face financial challenges.

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