The home, (pictured below) which has a pool, sports court, theater and billiards room, will be a complete remodel where every space from the kitchen floors, the bathrooms and even the ceilings, will be redone. Umansky, an agent with residential brokerage Hilton & Hyland and his own busines LA Luxury Estates, even spent the weekend furniture shopping.
Umansky, who started selling real estate a little more than 15 years ago, told AOL Real Estate that he expects the renovations to be done in about six weeks because he doesn't like downtime. When we noted that seemed like an ambitious goal, he said, "I'm fast. I preorder everything. I already bought my cabinetry and my marble."
"We are going to convert it into kind of a Ralph Lauren comfortable, casual and traditional home," See photos of homes for sale in your area and across the country on AOL Real Estate Umansky told the Hollywood Reporter. "It'll have a bit of an East Coast charm."
The Mexican-born father of three and stepdad to Richards's oldest daughter, says sometimes when people remodel homes, the homes get butchered. "I like to go in and bring back their life. I like to sit in the house for as many hours as it takes. The house tells me what it is suppose to be."
He does some of the work himself, but not a ton of the physical labor, mainly due to time-constraints. Closing $190 million in sales for 2010, he has been the #1 agent at Hilton & Hyland for the past six consecutive years, according to his Umansky Group website.
The interior design of the home will be decorated by Faye Resnick, who has appeared on Housewives and who worked on the couple's current home, which has a pending sale, according to the Hollywood Reporter.
Umansky, who happens to be Paris Hilton's uncle, represented himself in the purchase and Joyce Essex of Coldwell Banker represented the seller.
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