Tom Cruise and Katie Holmes Buy New Property

Martin D'Anjou
Crédit:

The stars have purchased a property that was owned by actor Rob Lowe and his wife, Sheryl, in Montecito.  Montecito is one of the wealthiest towns in America.

The new home is not far from the $50 million residence of talk-show hostess Oprah Winfrey, who is a friend of the couple.

Montecito is a favourite enclave of Hollywood celebrities, and already the home of Ellen DeGeneres and Portia de Rossi, former Seinfeld star Julia Louis- Dreyfus, and actor Kirk Douglas.