The three-and-half acre estate is located in Hidden Hills, just five minutes away from Kris Jenner's home in Calabasas, TMZ reports.
The property, which was originally listed for $21 million, reportedly includes two pools, two vineyards and a 1,050 square-foot entertainment center. The couple has been allegedly checking out the home for months and have been traveling by Vespas from Jenner's house -- where they currently live -- to keep a low profile.
The estate was reportedly once owned by Lisa Marie Presley.
News of the couple's new home comes almost one month after it was reported that the two decided to sell their newly-remodeled Bel Air mansion. Kardashian and West are currently in escrow for the property and the deal is expected to close by the end of the month.
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