Lori Loughlin Puts L.A. Mansion Back on the Market for $16.5 Million—After Shaving a Hefty $1 Million Off Asking Price

“Full House” actress Lori Loughlin and her husband, Mossimo Giannulli, have relisted their Los Angeles mansion at a major discount, having cut a hefty $1 million from its original $17.5 million asking price.

The 60-year-old actress and the 61-year-old fashion designer purchased the property for $9.5 million in August 2020—the same month they were sentenced to multiple months in prison for their involvement in the Varsity Blues college admissions scandal.

However, by April 2024, Loughlin and Giannulli had decided to part ways with the 11,808-square-foot dwelling, putting it on the market for $17.5 million, close to double the price they had paid four years earlier.

Six months later, the couple took the six-bedroom, nine-bathroom dwelling off the market.

Now, in what could be a bid to hit the ground running ahead of the springtime rush, the couple have put their enormous abode back on the market, this time at the discounted price of $16.5 million.

The luxe pad sits on 1.57 acres in the gated Hidden Hills community, which is home to other celebrities, including Kim Kardashian, Will and Jada Pinkett Smith, Lil Wayne, and Kevin Durant.

The modern farmhouse residence, which has been listed by Tomer Fridman of Christie’s International Real Estate and Marc Shevin of Douglas Elliman, combines “modern luxury with rustic charm,” according to the listing description.

It features maple flooring, high ceilings, and a neutral palette. The roomy living spaces include a formal living room, dining room, and family room.

The kitchen is equipped with marble counters, top-tier appliances, and white oak cabinets, and the primary suite has a fireplace, two baths, and mountain views.

Additional amenities include a tricked-out gym, a home theater, and a wine room.

The grounds include a pool, bocce court, fire pit, barbecue area, and covered dining space.

The home was built in 2018; however, it underwent renovations while the actress and her spouse lived there.

Loughlin is best known for playing Aunt Becky on the TV sitcom “Full House” and its Netflix sequel, “Fuller House.” However, her Hollywood career became mired in controversy in 2019 when she and her husband were among the first 50 people charged in the infamous Varsity Blues case.

During her trial, Loughlin admitted she paid the scheme’s “mastermind” $500,000 through what was described as a “side door” to gain admission to the University of Southern California for her two daughters Olivia Jade, 25, and Isabella Rose, 26.

Fixer William “Rick” Singer then arranged to have the two girls recruited onto the prestigious school’s rowing team—even though they had never taken part in the sport.

Loughlin pleaded guilty to a conspiracy charge and served two months in prison. She was ordered to pay a $150,000 fine and perform 100 hours of community service.

Giannulli served a five-month sentence after pleading guilty to a conspiracy charge and had to pay a $150,000 fine and serve 250 hours of community service.

In 2021, the actress secured her first role following the scandal in the “When Calls the Heart” spinoff, “When Hope Calls.”

She is now starring as a police officer in the Amazon Prime show “On Call,” which marked her first role as a law enforcement agent.

She previously told Entertainment Tonight that the role gave her a whole new appreciation for law enforcement.”

Loughlin did find humor in her situation, even poking fun at herself on a guest spot on the final season of the HBO show “Curb Your Enthusiasm,” in which she appeared as a fictional version of herself and made thinly veiled references to her role in the college admissions scandal.

Also charged in the scam, among others, was “Desperate Housewives” actress Felicity Huffman, who served 11 days of a two-week sentence.