The blonde beauty has now spent USD 11 million on properties on the same stretch of road after splashing out on the ranch-style home, according Radar Online.
The listing agent described her new home, which includes four bedrooms and four bathrooms, as a "warm and inviting enchanted cottage." Witherspoon bought her first property in the area in 2003, while still married to Ryan Phillippe, and picked up a second home in the neighbourhood in 2009 following their divorce in 2007.
The 37-year-old, who has a 13-year-old daughter Ava and nine-year-old son Deacon with her ex-husband, as well as an eight-month-old son Tennessee with Jim Toth - recently slashed the price of her luxurious house in Ojai, California. She dropped the asking price for the seven-acre ranch for the second time to USD 7.25 million after originally putting it on the market for USD 10 million in October.