From Variety.com….
It’s looking more and more as though Orlando Bloom and Katy Perry plan to make the low-key but shockingly expensive seaside town of Montecito, Calif., their primary residence. The English actor and his pop music superstar fiancée — she a Santa Barbara native — have paid $14.2 million for an A-lister-worthy estate with nearly nine acres of manicured grounds, all of them with stunning ocean views from their perch in the Santa Ynez foothills.