Miley Cyrus bought last year new California Mansion in Studio City for $3.9 million. The mansion was built in 1952 and boasts five bedrooms, seven bathrooms, a gym, a saltwater pool, a spa, and a professional kitchen. The 5173-square-foot mansion is said to be a great hideaway for celebrities as it is surrounded by a wall and located on a hill offering panoramic views of L.A. basin. The outdoor area features a huge patio with a large swimming pool and apparently a hot tub surrounded by green lawns and sky-high trees. The house also boasts ten parking spots and comes complete with Paparazzi-repellent walls and amazing valley views. Miley, who is 18 years old, the minimum age to buy real estate in the state of California, is the daughter of country singer Billy Ray Cyrus, who made her own way into the movie and TV business after getting introduced into the business by her famous father.