Britney Spears Buys Thousand Oaks Mansion For $8.5 Million

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Britney Spears has spent a big chunk of her X Factor money on a massive estate in Thousand Oaks, CA.

The pop star dropped $8.5 million on the Mediterranean-style pad ... originally built in 2010.

The 8,456 square-foot home boasts 5 bedrooms, 7 bathrooms, an outdoor fireplace, infinity pool, home theater and wine cellar.

Looks like Brit, fiance Jason Trawick and her two boys are going to be extremely comfortable here. Talk about a dream home!

See more of Spears' new digs in the gallery below.

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