Miley & Liam 'Want To Raise Kids' In Soon-To-Be Rebuilt Malibu Mansion

RadarOnline.com has exclusively learned Miley Cyrus and Liam Hemsworth are ready to play house once the singer’s burnt-down Malibu mansion rises from the ashes!

“Miley and Liam are rebuilding on that site because they want to start a family and raise their kids there,” a source revealed, noting, that "the home had such great memories for them, and it was honestly Miley’s favorite place ever.”

As RadarOnline.com was first to report last November, Cyrus, 26, and 29-year-old Hemsworth decided to rebuild on the same site where her home, which went down in flames during devastating Southern California wildfires, once stood.

“Everything that they ever owned, every outfit, every necklace and fancy suit, is gone,” an insider told RadarOnline.com at the time. “But that is okay because they made it out alive, along with their beloved pets. That is all that matters to them right now.”

Now, according to the source, “Miley wants to rebuild a similar design but bigger and she wants her children to grow up there.”

So what’s the couple’s timeline for making their family dreams come true?

“They are hoping to have their new newlyweds’ love nest finished by next summer, and she will focus on starting a family because once they start having kids they want to raise their kids in one place,” said the source.

“The fire destroyed their house but strengthened their love, and they are ready for a family,” continued the source, adding, “Liam is excited—he will be the best dad ever!”