Tom and Katie Cruise's $35 Million Dollar Purchase

Tom Cruise has purchased a $35 million dollar Beverly Hills home for himself, Katie Holmes and baby Suri, the Los Angeles Times reports. Cruise has been renting a home in Beverly Hills for the past several years (he and Holmes, 28, married last November), but that lease runs out next year, according to the paper. The new address, which reportedly was not even on the market when Cruise made his offer, is described as a " traditional-style residence." Originally built as a 10,000-sq.-ft. structure in 1937, the house was expanded four years ago and currently contains seven bedroom and nine bathrooms, say those familiar with the property. The Cruises will have their privacy: the house sits on 1.3 acres behind gates and a lengthy driveway, and sports a tennis court and a pool. In addition, Cruise and Holmes's pals, Victoria and David Beckham, have bought a multi-million dollar house only two minutes away. They plan to move in July.