​SOLD: Reese Witherspoon buys a $12.5 million Pacific Palisades palace with all the trimmings

Reese Witherspoon is getting Oscar buzz for her TIFF-premiered film, Wild, but that’s not the only big news for the 38-year-old mother of three.

The Legally Blonde actress has purchased a $12.5 million home in Pacific Palisades, previously owned by famed architect Ken Ungar.

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Fellow inhabitants of this riche neighbourhood include fellow A-listers like Steven Spielberg, Conan O’Brien, Ben Affleck and Jennifer Garner, Tom Hanksand more.

The property itself is as big as Reese’s star is bright. Its 4,334 square feet boast five stately bedrooms, ample living space, a stone-lined pool, impressive views and well-manicured landscaping.

© MLS

Reese is set to have a big year after premiering two hotly discussed films, The Good Lie and Wild, at TIFF. Wild, which has been getting the most Oscar buzz, could bring the actress her second win, following a Best Actress coup in 2006 for her role as June Carter Cash in Walk the Line.

Reese will rejoin her Walk the Line cast mate, Joaquin Phoenix, in 2014’s Inherent Vice, which tells the story of a drug-addled Los Angeles detective who is investigating the disappearance of a past girlfriend.

CLICK THE IMAGE BELOW TO TOUR REESE'S $12.5 MILLION HOME

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