June 25, 2012 - New sources are buzzing that Hollywood actress Gwyneth Paltrow and her husband, singer Chris Martin, may be calling for moving services as the pair has purchased a property in Los Angeles. While the home was originally listed at $11.95 million in 2011, they reportedly spent closer to the latest asking price of $10.5 million.

Paltrow is an Oscar-winning actress and has starred in numerous films including Seven, The Royal Tenenbaums, Iron Man and most recently, The Avengers. Martin is the lead singer of British pop band Coldplay.

The mansion, located in the affluent neighborhood of Brentwood, has more than 8,000 square feet of living space including six bedrooms and eight bathrooms. Photographs of the home showcase its rustic design, which is complemented by wide-plank hardwood floors and white walls while the grounds are lined with sycamore trees.

While it has not been reported if they have already begun moving boxes into their new home, they will also likely enjoy the company of celebrity neighbors including Gisele Bundchen, Heidi Klum and Arnold Schwarzenegger.

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