18-Year-Old Miley Cyrus Purchases $4 Million Home

Written by Michael Lambarde on Aug. 02, 2011

Just over a year ago, Miley Cyrus bought a home close to her parents home, but she has already decided that it is time to get an upgrade. The former Disney Channel star has bought a home in Studio City in Los Angeles, also close to the house of her parents, at an estimated value about $4 million, just short of the $3.4 million home she bought at Toluca Lake. According to E!, the house is a “pretty sweet party house”.

The house itself has five bedrooms, a spa, a gym, seven bathrooms, a saltwater pool, and anything else that an 18-year-old can possibly ask for. A source close to E! said that she moved into the house months back and that she decided to decorate the place “in her own style — very funky”. E! also reports that the house is located in a private location where she won’t be spotted by the paparazzi when she presumably throws parties there.