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Photos: Kyle Richards And Mauicio Umansky Bought A New House In The Desert For $2.35 Million!

Photo Credit: Gregg DeGuire/Wireimage
Real Housewives of Beverly Hills star Kyle Richards and her luxury real estate agent Mauricio Umansky, have bought a getaway home in La Quinta, California for $2.35 million. An over-the-top whole-house stereo system includes 10 televisions, 28 speakers and six control pads, according to listing details.

Among rooms in the 5,843 square feet of living space are a den/office, a gym, living and family rooms, six bedrooms and seven bathrooms.

Electric pocket doors open to a patio with an overhang and a built-in barbecue. A guest casita, a swimming pool with a waterfall and a spa complete the quarter-acre grounds.

All those upgrades didn’t come cheap. The onetime foreclosure, built in 2008, previously sold in 2011 for $1.3 million.

An "average Joe" buyer putting $822,500 (35%) down and financing $1,527,500 would have monthly payments of about $7,400 at a 4.15% fixed rate for 30 years, according to Foothill Ranch-based independent lender loanDepot. Kyle and Umansky put more down, financing $1.35 million.

The couple owns another home in Bel-Air and as you all witnessed a house in Palm Desert, California which has been featured on RHOBH. Palm Desert and La Quinta are in the same area which is part of my hometown which is the Coachella Valley, Palm Springs area. Welcome to the valley once again Kyle.

What do you think of Kyle's new house?!

Source: LA Times