Sources close to the couple say the future parents will be the proud owners of a 10,000-square-foot pad in an über-private, gated community in Bel Air, CA. Kim and Kanye made the deal a few weeks ago ... and they've already gutted it and are designing a 14,000-square-foot dream home in its place. And it’s going to be AWESOME! 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 ... oh and probably a baby nursery. Just a hunch.