Kim & Kanye buying $23m pad

Last updated 11:56 07/08/2014
kanye
Reuters

KIMYE: The love-them-or-hate-them power couple are in the process of buying one of LA's most sought after properties.

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Kim Kardashian and Kanye West are reportedly purchasing a NZ$23.6 million estate.

The couple, who share 13-month-old daughter North together, tied the knot in May at a lavish wedding thrown in Italy.

And it appears their new home will also have an Italian flavour as it's nestled in vineyards. TMZ reports they are in the process of closing on a $23 million deal to buy a 3.5 acre estate in Hidden Hills, California.

The property has two on-site vineyards, a 1,050 sq ft entertainment pavilion and two swimming pools, with one of these housing a water slide. The style is classic, with beautiful light wooden floors and exposed beams in the high ceilings. 

The website reports the pair's new home is only a five minute drive from Kris Jenner's house in Calabasas, where Kim and Kanye are currently residing. They also say LA real estate types call the particular property "the jewel of Hidden Hills". 

CLICK HERE FOR THE PICS. 

It is claimed paperwork on the Hidden Hills estate, which was previously owned by Lisa Marie Presley, will be processed by the end of August.

In June 2013 the power couple purchased a property in the affluent Bel Air area of Los Angeles for NZ$13 million. But they eventually sold it and many claimed the sale was spurred on by lengthy renovations.

Kim and Kanye never moved into the 9,000 sq ft Bel Air mansion, as they attempted to refurbish the property for a year and a half to no avail.

"They are such perfectionists that staying up-to-date with the latest appliances and home systems, etc., has been exhausting for them," an insider told E! News previously.

"Another key motivation for selling and buying a completed new home is the fact that the renovation has taken way too long and they really want to have their own place and move out of Kris' home."

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