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Britney Spears Splashes Out On A New Mansion

10/18/2012 10:08am EDT

Britney Spears

Britney Spears has reportedly purchased a new home in Thousand Oaks, California.

According to real estate website, "The X Factor" judge paid $8.5 million on a five-bedroom house.

The gated and guarded property is located in the exclusive Sherwood Country Club. It is two years old and includes a library, two offices, home theater room, and a five-car garage.

Over the last five years the pop star has moved several times. She's resided in Malibu at a swanky Summit estate on Muholland Drive, Calabasas and Hidden Hills.

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