Lori Loughlin and Mossimo Giannulli sell their stunning multi-million dollar Bel-Air mansion

Lori Loughlin and husband Mossimo Giannulli have sold their multi-million dollar Bel-Air mansion, which they previously used as collateral to cover their $2 million bail for stemming from the Varsity Blues college admissions scandal.

The longtime couple, who plead guilty to related charges in May, previously relisted the six-bedroom home for $28.65 million in January. 

While the exact sale price has not yet been confirmed, a real estate source told People that the property was sold for ‘considerably less’ than the pair had ‘hoped.’ 

‘They are still making money from the sale, just not as much as they hoped for,’ the insider revealed to the outlet. ‘The house is spectacular with views of the Bel-Air Country Club.’

Tinder co-founder Justin Mateen is reportedly the soon-to-be owner of the 12,000 square-foot posh pad, which was first listed at $35 million in 2017, but is being negotiated closer to $18 million, according to Variety.  

Loughlin, 55, and Giannulli, 57, acquired the home in 2015 for $13.9 million, which has six bedrooms, nine bathrooms, a massive pool, two living rooms, formal dining room, sprawling yard and an eat-in chef’s kitchen.

The interior was regularly featured in the couple’s 20-year-old daughter Olivia Jade’s YouTube channel, which has nearly 2 million subscribers.

People’s insider also revealed the Full House star and fashion designer, who are also parents to eldest child Isabella, 21, are most likely staying at their beach home in Orange County. 

On the outside, the home is surrounded by luscious green grass and is adjacent to the ultra-exclusive Bel-Air Country Club, which Loughlin and Giannulli resigned from last month.   

As of 2011, the famed social club had an initiation fee of $150,000.

Guests arriving at the mansion will drive through the double-gated driveway where they have the option to park in one of five driveways.

Visitors can then walk up stone steps towards a large wooden door nestled between a series of hedges with several olive trees. 

Once inside the Mediterranean-style home, the family’s pristine foyer stuns with white walls and wooden accents that line the staircase.

Also inside the foyer are at least five glass doors that let the California sunlight light up the room and allow residents to walk into the breathtaking backyard.

Further into the house are several sitting rooms that appear to have all been designed with different color schemes and interior decorations to give off different vibes.

One living room uses hues of blue and gray to contrast the white walls. It contains two gray couches, two blue chairs and a grand piano in the corner. 

Three archways lead residents into a nearby bar room with an array of alcohol and reflective counter with a gold colored sink.

Much like the rest of the home, the bar room has several windows and glass doors to allow light to filter into the space.

Additionally, there is a small reading room and plenty bedrooms appear to follow the home’s white wall, large window furnishings. Several of the rooms have doors that open to the yard and a comfortable looking patio.  

A rectangular pool surrounded by white marble can be found on the left side of the home.

The sale comes after Giannulli and Loughlin pleaded guilty to one count of conspiracy to commit fraud in a Zoom court hearing in May after accepting a ‘slap on the wrist’ deal for bribing their daughters’ way into college.

Loughlin was handed just two months in prison, while Giannulli got five months.  

Following the guilty plea, the Bel-Air Country Club Board of Directors voted unanimously to suspend the couple, but with the expectation that the suspension would be lifted once they served their sentences.

The pair were facing 40 years behind bars each for paying Rick Singer, the scheme mastermind, $500,000 to pass their daughters off to officials at USC as rowing stars, despite either never having played the sport.