Nicole Richie and Joel Madden reportedly buy Beverly Hills mansion

PHOTO: (Allen Berezovsky/Getty Images))

Nicole Richie and her husband, Joel Madden, have purchased a swanky Beverly Hills estate for $10.15 million, Dirt reported.

The 6,165-square-foot mansion was featured in Architectural Digest last year after it was redone by Simo Design, and features eye-catching decor and stylish spaces.

Located in a guard-gated community, the upscale abode offers “style and substance,” according to the listing.

Built in 1987, the home sold in 2018 for $6,185,000 million. The snazzy overhaul was completed in 2019 and then photographed for AD last year.

The owner-slash-designers were drawn to the property for its “sheer scale along with unique spaces and details,” according to the feature in AD.

After the home’s makeover, they placed their masterpiece on the market in 2020 for $13 million, before quickly dropping the asking price to $12.4 million.

When that slice failed to net a buyer, the home’s asking price dipped to just under $12 million at the end of 2020. This March, the home’s price was dropped yet again to $11 million, which finally coaxed the celeb buyers off the sidelines.

Spread over 6,165 square feet, the floor plan includes five bedrooms and seven bathrooms. The listing also describes the home as “a taste of Paris meets Beverly Hills,” referring to the intricate millwork, wide-plank oak floors, and lime-washed walls.