Miley Cyrus Spends $3.4 Million on Her First House

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At 17, Miley Cyrus is now the proud owner of her very own house. The Last Song star dropped a cool $3.4 million on her new Toluca Lake, Calif. pad, which, according to E! Online, is just two blocks away from her parents' house and less than a mile from the Jonas Brothers' family home.

The Spanish style mansion has 4 bedrooms and 4.5. bathrooms, including a master suite with his and her marble baths. The estate also provides plenty of entertainment with its tennis court and pool, and if Miley has friends over, they can stay in her two-bedroom guest house.

While the teen star is still remodeling and hasn't moved into her new digs just yet, she has a clear idea of what she wants the vibe of her place to be. "We did all these different things to make it a place that's so chill," she tells People. "Like all my couches are on the floor and I have pillows on the floor. It's just serene -- like my own kind of therapy."
But Miley won't have to hire a decorator to help achieve her "zen" look -- her mom, Tish Cyrus, will be taking care of everything. "My house is going to be gorgeous because my mom is an interior designer," she says. "It's like if your mom's a clothes designer you're always going to look great. My mom's an interior designer so my house is going to be perfect all the time." Congrats, Miley! %Poll-44247%

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