Mariah Carey and Nick Cannon have closed a deal on their 3-acre Bel-Air property post divorce.
The estranged couple, who split last year, reportedly purchased the property in April 2009 for $6.975 million from renowned producer and audio engineer Allen Sides, according to Variety.
Sides owned the Bel-Air property since 1999 after he purchased it from "Charlie's Angels" star Farrah Fawcett. The renowned poster queen from the '80s owned the property for 20 years.
After years of maintenance, construction and reconstruction, the property's value rose to approximately $13 million.
Last year, the couple placed their LA property for sale at an original price of $12 million but after news of their divorce broke out, the property's value dropped down to $9 million.
The three-story luxury home boasts of six bedrooms, six full bathrooms and three half bathrooms. The rooms also come with spacious walk-in closets, city view terrace and a nursery for their kids, Morrocan and Monroe.
According to multiple sources, the mansion measures 12,000 square feet and boasts of a formal living and dining rooms, home theater, game room, double-height foyer, indoor basketball court and a recording studio.
The property also comes with an Aspen Room - a stone-floored entertainment lounge with a full bar, fire place, backyard access and can also hold 20 cars in its built-in garage.
Carey and Cannon's property was sold by their agent, Ardavan Mofid of Coldwell Banker.
In an interview with Yahoo News, Mofid explained what the buyers looked for before purchashing the luxurious property.
According to Mofid, the buyers wanted a property that is unique. After searching for the past two years, they came across Carey and Cannon's home and decided to purchase it.
Mofid's clients, Drs. Rudy and Nikki Rezzadeh, a heart specialist and a dentist respectively, reportedly loved the uniqueness of each of the rooms, specifically the Moroccan room, the country-style breakfast nook, the glamorous Old Hollywood-style foyer and the rustic lodge-like space with a jukebox, says Yahoo.
All these added to the client's desire of finding not just a house, but a home, Mofid told the same publication.
As of late, there has been no information yet on how the couple will split the earning from their property.
However, reports from last year claimed that the 33-year-old Cannon will make $3 million out of the sale, while Carey is set to make $6 million, the Daily Mail notes.
At present, Carey and Cannon still own an oceanfront compound in the Bahamas, as well as a huge triplex in the Big Apple. It is still unknown whether or not the former husband and wife will sell the two properties.