They are expected to serve jail time later this year for taking part in a college bribery scheme to get their daughters Olivia Jade and Isabella Rose into a top school.
But in the mean time, it seems Full House star Lori Loughlin and husband Mossimo Giannulli have decided to downsize when it comes to their property portfolio – after recently purchasing a $9.5 million home in the Hidden Hills area of Los Angeles.
In January, the troubled couple listed their former Bel-Air home for $28.65 million, however it was reported that they ended up selling it for much less in July this year, though they are said to have still turned a profit.
‘Downsizing’: Lori Loughlin and Mossimo Giannulli are moving from their $28M Bel Air mansion to a $9.5M Hidden Hills home amid their college admissions scandal (their new home pictured above)
Loughlin, 55, and her husband Giannulli, 57, also resigned from the exclusive Bel-Air Country Club, of which they were members, during their scandal.
Their new digs are situated within a gated community and is said to be a modern farmhouse style design with six bedrooms, nine bathrooms, and 11,748 sq ft of space, according to PEOPLE Magazine.
It is not clear when the couple are planning to move in to the new property, as they await their official sentencing amid their scandal, with Loughlin expected to serve two months in prison, and then face two years of supervised release with 100 hours of community service.
Trouble: The couple are expected to serve jail time later this year for taking part in a college bribery scheme to get their daughters Olivia Jade and Isabella Rose into a top school
Meanwhile Giannulli will be hit with a $250,000 fine, and is expected to serve up to five months in prison.
However, the couple will certainly been looking to make their new house a home in-between their respective stays behind bars.
Per the report, their new abode features a chef’s kitchen, as well as a comfy master bedroom with dual bathrooms and its own fireplace.
Not a bad view: The spacious home would be considered to be a dream residence for many, though it will be a considerable downsize for Lori and her husband
Protected: Their new digs are situated within a gated community and is said to be a modern farmhouse style design with six bedrooms, nine bathrooms, and 11,748 sq ft of space
Light and airy: The home features an outdoor dining area with sumptuous views of the surrounding hills
Sleek: The abode also features this modern swimming pool complete with a spa and lounge area
Opened up: The home will come as a welcome retreat for the couple after their time behind bars
House arrest: It certainly appears to be an ideal place to be on lockdown for the stars
Taking in the view: The couple have two children, daughters Olivia Jade and Isabella Rose
Within the gated community there is said to be amenities including a gym, wine cellar, and move theatre.
The garden area features a modern swimming pool, spa, fire pit, and a barbecue space that is surrounded by a scenic view of the hills.
It will certainly be a welcome retreat once they have both served their minimal time in the clink.
Smaller than their last home: The Full House star will just have to make do with this kitchen
Move in date: It is unclear when the embattled couple will be moving into their new home
So much space: The entry way shows off an impressive stair case and light features
Ultra modern: This stylish bathroom is just one of nine
They’ll certainly be needing a drink: The couple can treat themselves to a glass of vino in this stylish wine cellar
Protected: The wine cellar comes behind two glass doors opening out into the dining area
Des res: It certainly doesn’t appear to be a ‘downsized’ dining room area
The pair had been 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 when neither had ever played the sport.
They were arrested in March 2019 along with 50 other parents including actress Felicity Huffman.
The couple originally pleaded not guilty immediately and insisted they thought they were giving money to charity but in Mary, they both signed plea agreements where they accepted they will plead guilty to one count of conspiracy to commit fraud.
Room for a Full House: Lori will no doubt have the space to entertain many guests once lockdown rules have eased up
Keeping fit: The home also features a gym, as well as another communal gym on site
Sorting out all their affairs: There is a very fancy-looking office space included in the home
One of many bedrooms: The house offers living spaces for many guests looking to stay over
Different view: This bedroom boasts a scenic view of the outside hills area
Keeping warm and toasty: The master suite features a fire place
Sleek and stylish: Just one of many bathrooms in the Hidden Hills home
All the mod cons: The spacious property boasts very chic interior design
Both had been facing additional charges – conspiracy to commit federal programs bribery; conspiracy to commit money laundering – that were dropped.
A judge still has to approve their sentences and a hearing date has not yet been set.
The pair are the 23rd and 24th parents to plead guilty as part of the case.
Entertaining: There is also a home theatre in the property
Cosy: There will be plenty of opportunities for movie nights in this space
Multiple living rooms: Even the bedrooms feature spaces for guests to relax
Extravagant: The hallway features seating in between rooms
Getting to work: The office space is light and airy
Scenic: The Hidden Hills area is seen from one of the bedroom’s view
The harshest sentence was handed to Douglas Hodge, who was given nine months for his role.
He paid bribes totaling $850,000 – from 2008 until 2012 – to get four of his children into the University of Southern California and Georgetown University as fake athletic recruits, prosecutors said.
Hodge is appealing his nine month sentence, which is the harshest punishment handed out so far in the case.
Others have ranged between just one day behind bars to a probation only sentences to sentences of a few weeks or months.
Felicity Huffman was one of the first. She served just 14 days in prison last year for paying $15,000 for a proctor to change her daughter Sophia’s SAT score.
Changing rooms: There also appears to be a stylish wash room
Monochrome: Lori and her husband will no doubt make the house their own once they’re moved in
Heavenly: This bathroom has a tranquil vibe as well as views from the outside hills