After a year on the market and multiple price adjustments, Nicole Richie, the designer behind “House of Harlow” jewelry, and her husband, Good Charlotte guitarist Joel Madden, have successfully sold their Parisian-style luxury home in Beverly Hills for $10.18 million, according to Realtor.com.
Deal and Property Details
- Purchase Year: May 2021 for $10.15 million.
- Listing Year: July 2024 at $12.95 million.
- Sale Year: June 2025 for $10.18 million.
The home spans 6,100 square feet and features 5 bedrooms and 7 bathrooms, blending contemporary design with luxury and functionality.
Inside the Home: An Architectural Masterpiece by Simo Design
The home was designed by the creative duo Sam Gnaatovic and Alexey Reynals of Simo Design, who completely transformed it in 2020. In an interview with Architectural Digest, Reynals revealed the details that make this property a unique masterpiece:
1. Grand Foyer and Curved Staircase
- Stunning Staircase: A sculptural, curved staircase dominates the two-story foyer, designed to be the focal point.
- Design Contrast: Reynals described the staircase as “contrasting with the home’s straight lines, creating visual drama.”
- Minimalist Touches: Excessive ornamentation was removed to highlight the beauty of the curves.
2. Furniture and Interior Details
Richie and Madden kept two key Simo Design features:
- A custom-designed table at the base of the staircase.
- A classic chandelier illuminating black display shelves in the living room, paired with modern additions like a jute rug and soft, sandy hues.
3. Kitchen and Outdoor Patio
- Black-and-White Kitchen: Equipped with luxurious Calacatta Corchia marble and sliding glass doors that open to:
- Dining Patio: Surrounded by olive trees, featuring a resort-style pool and a sunbathing area.
- High Privacy: Tall hedges enclose the property for maximum seclusion.
Why Did the Home Sell for Less Than Expected?
- Market Fluctuations: Beverly Hills saw a slight dip in luxury home prices in 2025.
- Extended Listing Period: The home was on the market for over 10 months, prompting price reductions.
- Niche Design: The distinct Parisian style may have limited the pool of potential buyers.
Conclusion: What Makes This Home Special?
- Unique Design: A blend of Parisian architecture and contemporary touches.
- Luxury Details: High-end materials like Italian marble.
- Privacy and Serenity: A secluded Beverly Hills location with expansive outdoor spaces.
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