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A few months after Lori Loughlin and her husband, Mossimo Giannulli, were released from prison following their involvement in the college admissions scandal, they shelled out a whopping $13 million for a gated Palm Desert oasis.
The vacation getaway purchase comes just a year after they bought a $9.5 million modern farmhouse as their main home in Los Angeles in the tony Hidden Hills area. Their new home is about an hour away, nestled just outside of Joshua Tree National Park.
Located in the upscale La Quinta community, the five-bedroom, 5.5-bathroom abode is situated in the guard-gated exclusive Madison Club — known for its Tom Fazio-designed course and celebrity-filled roster, according to Dirt.com.
Other lavish homes in the Madison Club are owned by the likes of Kris Jenner, Kourtney Kardashian, Nike’s Phil Knight, Cindy Crawford and Scooter Braun.
Built in 2019, the home first belonged to a Seattle-based couple, Michael and Alexis Rowell — who purchased the home for only $9.5 million. Michael co-founded the tech startup Assurance, which sold for upwards of $2.3 billion the same year.
Since the pandemic, the housing market in the area soared, and the Rowells left with a massive $3.5 million profit.
Spanning over 9,300 square feet with nearly an acre of land, the home features several amenities, including a wine cellar, movie theatre, two pools, and two spas, a wet bar and an outdoor projector.
The residence also comes with a separate guesthouse.
On Tuesday, a federal judge in Boston granted Loughlin “expedited” permission to head to Canada to possibly rekindle her career, as she remains on probation.
“Ms. Loughlin anticipates she will be traveling for about one week” and is “being offered a filming production project” if allowed to go, her initial request sent by a probation official stated.
Meanwhile, Loughlin and Giannulli’s youngest daughter, Olivia Jade, is set to compete in the latest season of “Dancing With the Stars.”
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