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Get Into Mariah & James Packer's SICK West Coast Mansion...And She Shows Off That 35 Carat Ring!

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Mariah Carey showed off her 35 carat ring for the first time at an event this weekend with her fiance James Packer.  Get the cute couple inside, plus their new totally over the top (and totally sick) new mansion they're renting in L.A.

MiMi & James hit the red carpet at G'Day in L.A. while kicking off the weekend.  They held hands while hitting the carpet, and before MiMi flashed that rock:

 

Sheesh.

 

That's not the only major bank the two just plopped down:

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They just rented out a 18,000 sqft L.A. home.  The State of the Art property features a total of eight bedrooms, a private movie theatre, elevator, wine cellar and tasting room, personal gym and dry sauna.

As for how much they're spending on this: $250,000 a month!  This is what happens behind the DOUBLE gates of the exclusive community The Oaks in Calabasas.

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Check out the whole house in the gallery below.  Can we come over for tea MiMi?!

 

Photos: MLS/Splash/Getty


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