By Debbie Emery - Breaking Celebrity News Reporter

Now that he has taken over Tim Tebow's job as the quarterback of the Denver Broncos, NFL star Peyton Manning has moved west from Indianapolis to Colorado and purchased an opulent estate near the Mile High City.

The Super Bowl champion splashed out $4.575 million on the 16,464-square-foot Georgian-style estate in the suburb of Englewood, Colorado, after it was originally listed for $5 million, reported Zillow.com.

After signing a five-year, $96 million deal with the Broncos in March following his trade from the Colts, Manning can certainly afford the mortgage payments on his new real estate investment.

The 7-bedroom, 8.5-bathroom mansion sits on more than 3 acres and includes a gourmet kitchen with high-end appliances, main-floor master suite with two custom designed walk-in closets, wine cellar and a patio area with a built-in grill. There’s even a dog room with a heated indoor/outdoor kennel for the four-legged family members.