The new luxury property has five bedrooms, six bathrooms, swimming pool,
library, media room and a terrace offering amazing views of Los Angeles.
Britney reportedly fell in love with the mansion because it offers more
privacy for her and her two sons - 15-month-old Sean Preston and
three-month-old Jayden James.

President of Westside Real Estate Agency Kurt Rappaport said: "It's a great
gated community where the tour buses won't be stopping at your front door or
lookiloos driving by. She got good value for the property."

Meanwhile, Kevin Federline is renting a posh estate in Tarzana, California reports Faded Youth.

Kevin Federline was spotted moving into the $2.5 million home last week with his entourage.

The 6300 square foot, 5-bedroom property with pool rents out for $7000 per month.

In other news, Britney Spears has a new tattoo.
The singer got a small black star inked on her right hand, and was joined by
younger sister Jamie Lynn, 15, at Los Angeles' Devil Doll Tattoo Parlour at
around 10pm on Tuesday night (19.12.06).
Britney looked nervous as she saw the tattoo artist preparing the needle,
but she left the parlor smiling and laughing.
She already has a collection of tattoos, which allegedly include a sexy
fairy on her lower back, a Hebrew etching on her neck, a butterfly and a
vine on her right foot and a Japanese symbol on her bikini line.
The 25-year-old also has a pair of pink dice on her left wrist to match the
blue dice her estranged husband Kevin Federline has on his right forearm.
Britney's wild behavior since her split from Kevin has concerned record
bosses.
Last week, she was advised to end her friendship with Paris Hilton if she
wanted to save her music career.
The 'Toxic' singer has enjoyed a series of late nights with Paris since
filing for divorce.
She has also been photographed on four occasions without underwear and last
Tuesday (12.12.06) Britney flashed her nipples in a see-through white lace
top and no bra as she stumbled out of Los Angeles nightclub Element.
Britney apologized to her fans for her recent behavior on her official
website, but warned: "I look forward to a new year, new music and a new me.
I'm just getting started!"