The five-bedroom home, which includes seven bathrooms, is located on a secluded and lush cul-de-sac in the mountains sprawling 21,958-square-foot lot, according to The Dirt.
Her other neighbors on the same street include Madonna and Mariah Carey, who has been leasing a property a few doors down for years.
The property, which was originally built in 1938, had been previously owned by novelist Mary Sheldon, daughter of I Dream of Jeanie creator Sidney Sheldon.
The space includes an open-air central courtyard with an al fresco terrace, pool, spa, and multiple firepits. Inside, the kitchen is full of marble surfaces, two islands, and brass fixtures.
The purchase comes one week after news broke that she would be expanding her fashion and beauty empire to include a line of haircare products under the name of Fenty Hair.
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