The price of Nicole Richie’s exquisite Beverly Hills estate, which she listed with her spouse Joel Madden, is $12,950,000.

Couple paid slightly over $10 million for the property in 2021. After Simo Design’s renovations, the four-bedroom, five-bathroom residence—which is located in a gated community in Beverly Hills—was highlighted in Architectural Digest.

Built in 1987, the property is a two-story, Parisian-inspired home with a magnificent curved staircase, arched windows, and dark hardwood floors.

Downstairs a family room with wide plank oak floors and a fireplace opens up to a lush courtyard area.

The kitchen features a stunning marble island that looks out over the floor-to-ceiling sliding doors that offer a view of the green gardens and swimming pool.

There is also a media room with a library, while upstairs the primary suite has a fireplace, sitting area, views out over the garden, and a large walk-in closet.

The bathroom has been decked out with a gorgeous marble bath with fireplace, while the three additional ensuite bedrooms also have walk-in closets.

Outdoor space allows for ample room for entertaining, with a beautiful pool and spa, sun loungers, and patio for dining options.

Nicole and Joel have been raising their teenage children in the home for three years; they share daughter Harlow, born in January 2008, and son Sparrow, born in September 2009.

Actress Nicole and Joel married in 2010. Neighbors in the past have included Gwen Stefani, Britney Spears, and Hillary Duff.

The decision to sell comes after Joel’s brother Benji and his wife Cameron Diaz also put their property on the market. They listed their Beverly Hills‘ farmhouse for $17,800,000, four years after they spent over $14.5 million for the seven-bedroom, 8.5-bath mansion.