Sources close to K & K tell TMZ the future parents are now the proud owners of a 10,000-square-foot pad in an über-private, gated community in Bel Air, CA.

Kim and Kanye have owned the house for a few weeks and they’ve already gutted it and are designing a 14,000-square-foot dream home in its place.

The new home will be an Italian-style villa with a gym, movie theater, full hair and makeup salon, bowling alley, basketball court, indoor and outdoor pool and probably a baby nursery.

Not included: a wedding date.  We’re told there are no plans.

FUN FACT: Kim & Kanye’s new neighbors will include Jennifer Aniston, Chris Paul, and Joe Francis.

Re-printed from TMZ.com