It's a buyer's market in the real estate world right now, which isn't always the case, so LeAnn Rimes and her husband Eddie Cibrian are taking full advantage of that fact. The oft-in-the-news couple plunked down a cool $3 million on a Spanish-style mansion located in the Hidden Hills area of Los Angeles, which is teeming with celebrities who will now be their neighbors.

Rimes and Cibrian scored a major deal -you may as well just call it a steal- on the property, since it was sold in 2006 to the tune of $6 million.

The swanky spread has wood décor in all rooms, in addition to six bedrooms and nine bathrooms. It also boasts over 8,000 sq. ft. of space, in addition to a massive pool that begs for swimmers. There is also a swingset nestled in the backyard. That leaves plenty of room for Cibrian's two sons to enjoy themselves and to play when they come to visit and sleep over.

See the photos of Casa Rimes-Cibrian here. It's truly a beautiful estate and they're bound to be happy spending time and making memories there.