Lori Loughlin and Mossimo Giannulli Finally Sell $17.5 Million Mansion at a Major Discount—Just Weeks After Announcing They’ve Split

"Full House" star Lori Loughlin and fashion designer Mossimo Giannulli have finally offloaded their sprawling Los Angeles mansion for $12.6 million—one month after announcing that they have separated.

Loughlin, 61, and Giaunullii, 62, who revealed they were "taking a break" from their 28-year-marriage in October, initially listed their extravagant property in April 2024—asking $17.5 million at the time.

However, after failing to find a buyer, the home was delisted for four months, before reappearing on the market for the lower price of $16.5 million. Still, no deal was secured, prompting the now-estranged couple to slash their ask again, this time to $14.95 million.

Now, property records reveal they accepted an offer of more than $2 million under that ask, offloading their home for $12.65 million.

Though nowhere near the initial price they listed their home for, the duo still walks away with a hefty profit on the Hidden Hills property, which they purchased 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.

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 was 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.

In October, Louglin's rep, Elizabeth Much, told People that the couple was taking a "break" from their marriage and had been living separately for quite some time.

Much added that Loughlin and Giannulli have not yet filed for divorce, noting: "They are living apart and taking a break from their marriage. There are no legal proceedings at this time."

It is currently unclear whether either Loughlin or Giannulli are residing in the property—or if they have both relocated to new properties of their own.

They are parents to children Isabella Rose, 27, and fashion influencer Olivia Jade, 26, who recently announced that she has ditched the U.S. and relocated to Paris, France, noting in July that she would be living in the European city "for a while."

Both of their children have moved out of the family home, with Olivia revealing in a July YouTube video that she had moved from the U.S. to France—at least temporarily.

"Good morning from Paris," the social media star said in her video, which featured several clips of her trip from Italy to France, where she is residing in an apartment.

"This is going to be such a fun adventure to film. I'm here for a little while living ... and it's just going to be such an exciting, formative time," she went on, while sitting in her new bedroom.

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.

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.

In 2024, she opened up about "forgiveness," noting in an interview with First for Women that her family has always been able to let go of others' mistakes.

"My family wasn’t one to hold grudges," she said. "I didn’t grow up in a household where if you made a mistake, you weren’t forgiven. No one is perfect, we all make mistakes. So I was always told to let stuff go. And I think for your own health, you have to let things go because you can’t hang on to negativity. Life’s too short."

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