“The Real Housewives of Miami” star Larsa Pippen paid $5.4 million for a home in Pinecrest last year, The Real Deal has learned.
Pippen revealed that she bought a “nice house” in Miami on a recent episode of the Bravo reality TV show. The businesswoman and ex-wife of retired NBA champion Scottie Pippen enlisted Stephanie Shojaee, a fellow cast member and executive at her husband Masoud Shojaee’s Shoma Group, to help her design her dream closet.
“It’s not move-in ready,” Pippen said.
Records obtained by TRD show Pippen acquired a six-bedroom, six-bathroom house south of Killian Drive in Pinecrest in November via trust. She financed the purchase with a $4 million mortgage from Morgan Stanley. The 5,750-square-foot home, which includes a guest house, sits on a nearly 1-acre lot. It was built in 2016 and includes landscaped gardens, a pool and deck and a fully equipped outdoor kitchen.
The house was most recently asking $6.3 million. Lizzie Padro of Compass Florida brokered the deal, according to Redfin. She did not immediately respond to a request for comment.
“This is the first house that I’ve owned by myself,” Pippen said on the show, calling it more her style and vibe and a “new chapter” for her.
Pippen owns a penthouse at Paramount Miami Worldcenter, a condo tower in downtown Miami. Property records show a trust linked to her paid $3.4 million for the condo in 2022.
The house was most recently asking $6.3 million. Lizzie Padro of Compass Florida brokered the deal, according to Redfin. She did not immediately respond to a request for comment.
Pippen’s divorce from Scottie was finalized in late 2021. The couple owned a waterfront mansion in Fort Lauderdale that Scottie sold a couple of months before their divorce was finalized, for $10.5 million.
Larsa was an original cast member of “The Real Housewives of Miami” since its 2011 premiere, and rejoined the cast in 2021.
Last week, a former cast member, Dr. Nicole Martin, and her fiancée, attorney Anthony Lopez, sold their waterfront Coral Gables mansion for $40 million.
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Ex-“Real Housewives” star, fiancé sell waterfront Coral Gables mansion for $40M
