Reese Witherspoon has bought Steven Segal's former house for $7 million.

The Oscar-winning actress is moving out of the marital home she shared with her ex-husband Ryan Phillippe -- who she split from in 2007 and with whom she has two children, daughter Ava, 11, and seven-year-old son Deacon -- and is heading to the lavish Los Angeles property which belonged to the action star.

The property is located in a gated community in the Brentwood area of the city and boasts seven bedrooms, nine bathrooms and a swimming pool.

The 6,125 sq ft home is located on acres of plush land and also comes complete with its own Buddhist temple -- which 'Under Siege' actor Segal, a committed Buddhist, used for meditation.

Reese's new neighbours include a host of famous names, such as talk show host Chelsea Handler, actor-turned-politician Arnold Schwarzenegger and Gisele Bundchen and her husband Tom Brady.

It looks like Heidi Klum and her husband Seal are set to become new residents as well.

The couple reportedly had an offer accepted for a property located in the same Brentwood Country Estates gated community in Mandeville Canyon worth $13.4 million.

The house boasts eight bedrooms, a kitchen complete with a fireplace dating back to 1603 which was imported from Scotland and a library fireplace which is allegedly from late military leader Napoleon's farmhouse in France.