Britney Buys $7 Mil Malibu Honeymoon Pad

Britney Buys $7 Mil Malibu Honeymoon Pad
MB PICTURES/REX

10/04/2004 AT 08:00 AM EDT

Newlyweds Britney Spears and Kevin Federline have a new love nest to call home: a 9,000-sq.-ft., seven-bedroom, eight-bath, gated Malibu spread.

Besides a traditional style house built in the 1980s, reports the Los Angeles Times, the 1.5-acre property also includes a garden, pool with spa, tennis court and gym, as well as an outdoor kitchen. The price is said to be around $6.9 million.

Federline, 26, and Spears, 22, whose net worth (including real estate) has been placed at $32 million, married on Sept. 18 at a private home in the San Fernando Valley.

As PEOPLE reports in its current issue, they spent their first trip as husband and wife in her hometown of Kentwood, La., and took some time shopping: he at Wal-Mart and JC Penney, for hunting equipment and running shoes, and she at Baton Rouge's Mall of Louisiana.

But Spears isn't only about buying: Last summer she sold her Hollywood Hills home for close to $4 million, and she recently listed her Manhattan condo at nearly $6 million, says the Times.

The bride also can probably count on hanging a gold and platinum record on one of her new walls. Billboard reports that the pop princess has earned her fourth Mainstream Top 40 hit this year, as her cover of Bobby Brown's "My Prerogative" entered the charts at No. 28.

The music trade publication notes that Spears is now tied with Usher as the artist with the most chart debuts this year, and with the most songs on the Mainstream Top 40 list so far this decade: 14.

With 16 charting songs in her career, Spears is in now in fourth place with the most charted titles in history, behind Madonna (with 24), Janet Jackson (21) and Mariah Carey (20).

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