At just 23, Gianna "Gigi" Caruso, the young CEO and founder of the acclaimed Gigi C swimwear line, has made headlines with her recent real estate move. Gigi, the daughter of high-profile real estate tycoon Rick Caruso, has invested $9.5 million in a luxurious California home. Her fashion empire, established in 2017, boasts A-list admirers like Eva Longoria and Elizabeth Banks, adding to her social media influencer status.
A $9.5 Million Slice of Palisades Paradise
Gigi Caruso's latest acquisition is a beautifully renovated contemporary villa in Pacific Palisades. The residence, initially constructed in 2007 and revamped in 2019, exudes a Mediterranean charm. Gigi didn't hesitate to go above and beyond, shelling out an extra $30,000 to secure the property. Guarded by century-old olive trees and an electronic gate, the house features seven bedrooms, seven baths, and nearly 6,000 square feet of living space, complemented by a lush 0.33-acre lot.
Chic Interiors and Tranquil Surroundings
Step inside, and the house unfolds with medium brown hardwood floors contrasting elegantly with a neutral color palette. Dual fireplaces and open living spaces dominate the main floor, alongside two guest bedrooms and a modern chef's kitchen. Upstairs, the primary suite boasts a private balcony overlooking the backyard oasis. Outdoors, a generous swimming pool connects the main house to a detached casita, offering an ideal space for guests and artistic endeavors.
Seller Swap: A Trucking Mogul's Upgrade
The property's previous owner, trucking mogul James Barker, fetched a cool $16.5 million for this stylish abode. Gigi Caruso's discerning taste in real estate aligns with her family's long-standing presence in the area. Her parents own an expansive estate in Brentwood Park, described by Vanity Fair as a "creamy Italianate compound" featuring rolling grasses, water features, tennis courts, and more.
A Glimpse into Gigi's Palatial Lifestyle
With a fashion empire on the rise and a family rooted in luxury real estate, Gigi Caruso's $9.5 million investment not only secures her a dreamy California home but also cements her status as a tastemaker in both the fashion and real estate worlds.
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