Young parents with a second on the way Nicole Richie and Joel Madden have decided to settle their growing family down in a 5,380-square-foot, 4-bedroom, 5.5-bath home in Laurel Canyon, CA, purchasing the property for under $2 million. The "Aspen Lodge meets Tropical Paradise" pad is an anomaly of sorts, compared to the modern celebrity homes of their young Hollywood peers. The property was purchased from NFL and XFL linebacker Mike Croel, whose décor choices were uninspired to say the least. It would be interesting to see how budding designer Richie accessorizes her new home. But beyond furnishings, the home has a lot of assets in its bare bones, including soaring ceilings, a huge sky dome, an expansive eat-in kitchen, a full guest house, and a lagoon pool. To see more photos, read more.