Kim Kardashian and Kanye West are reportedly buying a $20 million home in the Los Angeles area.

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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.

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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.