Lori Loughlin and Mossimo Giannulli have found a buyer for their Bel-Air mansion, and the buyer turns out to be Justin Mateen, co-founder of Tinder, reports TMZ. Unfortunately for the couple, the agreed price, $ 18.75 million, was almost $ 10 million lower than the asking price when the property listed in February. And it’s even less than that compared to the asking price when they first put it on sale in 2017, when they were looking for $ 35 million for the mansion.
Whatever the price, the home is a spacious 12,000 square foot affair with six bedrooms and nine bathrooms. Marketing materials have described it as a “neoclassical Mediterranean” in a prime location overlooking the Beverly Hills Country Club, also citing its large outdoor patio, gym, and 5,000-bottle wine cellar. He also described the mansion as “exceptionally cheap in today’s market,” which ended up being exceptionally true for Mateen. Its official listing describes the mansion like this:
Completely private and located behind gates on a very privileged dead end in Bel Air. An extraordinary recently completed contemporary Mediterranean estate built with a level of quality and taste above and beyond, combining cutting edge details and timeless design . Extremely dramatic with incredible scale throughout, all bedrooms face directly onto the most spectacular verdant lawns of the Bel Air Country Club. Flooded with natural light and beautifully proportioned open spaces. Stunning two story entrance with a sweeping staircase, incredible walls for art. Beautiful living room staircase, spectacular media room, wood-paneled bookcase, oversized formal dining room, gourmet kitchen with commercial appliances. “
Either way, this is all part of the usual practice of Loughlin and Giannulli, who have tended to sell their homes every few years after redesigning them. They bought that specific property, for example, in 2015, when they paid $ 14 million, plus the number of millions they invested in its renovation.