"Yeah, it's pretty cool," Osbourne told us at Spike TV's Video Game Awards in L.A. "The house is decorated to the nines."
"We have two Christmas trees," Stelly added with a smile. "Not one, but two! One fake, one real."
Osbourne continued, "Yeah, and we're getting a third…Lisa's family's coming to stay, so we're getting a third for the guest house."
The happy couple says their Christmas celebration will involve "a lot of family and a lot of food," but they may go easy when it comes to overwhelming little Pearl with tons of presents.
"She has so many as it is, so it's not going to really make or break her," he said. "I mean, she's not going to have any trauma at this stage if we don't completely shower her with gifts."
So is there anything that Osbourne and Stelly want for Christmas? "I have everything I want," Stelly said.
Osbourne laughed, "I'm going to hold her to that."