Lilly Ghalichi—of ‘Shahs of Sunset’ fame—and Dara Mir are settling back into a period of domestic bliss, and sealed the deal with a substantial purchase: the one-time home of Leo Iacocca, the man who strategized the K-Car and minivan as elements of Chrysler’s 1980s salvation, and who died last summer at the age of 94.

The 10,682-square-foot villa was listed early in the year with an asking price of $26 million. Ghalichi and Mir paid $19.5 million for it.

The home’s exterior is informed by Northern Italian architecture, but the execution is a formal one, with grand embellishments galore. The exterior—which appears to be limestone—is decorated with columns front and back; the façade is disrupted by a grand arcade entrance supported by a quartet.

There are five bedrooms and eight baths in the home. Amenities and luxurious details include five fireplaces throughout the home, a generously proportioned indoor entertaining space, multiple pergolas, a wood-clad library, a tennis court, and a pool, spa and outdoor living complex. The grounds extend to over an acre.