The house that was once considered the "shared dream" of Kyle Richards and Mauricio Umansky has finally found a new owner. After five years of relentless renovations and heartfelt transformations, the Hollywood power couple has officially sold their six-bedroom mansion for a lower-than-expected price.
In 2017, Kyle Richards and Mauricio Umansky made a bold move, purchasing a luxurious mansion in Encino, California, for $8.25 million. The property was not just an investment; it was a home where they envisioned building their perfect sanctuary.
Kyle – the star of The Real Housewives of Beverly Hills – had long dreamed of a living space that combined classic elegance with modern comforts. Together with her husband, she poured immense effort into upgrading every aspect of the mansion, from the lush green gardens and opulent swimming pool to the grand living room adorned with intricate design details.
However, despite the meticulous renovations, the couple decided to list the house for sale in 2022 – a move that surprised many fans.
Although the property was valued highly, the real estate market was not always favorable. Initially, Kyle and Mauricio hoped to sell the mansion for a price equal to or higher than the $8.25 million they had originally paid. However, after months of waiting, they were forced to lower the asking price to attract buyers.
The negotiation process dragged on for nearly two years, with the couple continuously adjusting the price and refining their marketing strategies. Finally, in early 2025, the mansion found a new owner, closing an important chapter in Kyle Richards’ life.
Selling this mansion was not just a financial transaction; it was deeply intertwined with Kyle and Mauricio’s memories. Especially after they announced their separation in July 2023, this property became a symbol of their past – a shared dream that had now come to an end.
Although Kyle Richards has not shared much about her emotions, fans could sense her regret through her social media posts. Mauricio, as one of the top real estate brokers, also acknowledged that this was one of the most emotionally charged sales he had ever handled.
Now that the Encino mansion has a new owner, Kyle Richards is moving forward with her personal journey. Since leaving the home, she has focused more on her career, television projects, and building a new life after her 27-year marriage.
As for Mauricio, he continues to thrive in the real estate business while embracing his newly single life following his official split from Kyle.
Though their "dream home" now belongs to someone else, the memories and legacy Kyle and Mauricio left behind will surely remain in the hearts of those who followed their story.
