BREAKING: Exclusives///taylor swift pays m cash for new summer home take a peek inside - Complete Coverage

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Taylor Swift Pays $17M Cash For New Summer Home — Take A Peek Inside

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April 29 2013, Published 1:32 p.m. ET

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Cape Cod is so last year for singing sensation Taylor Swift.

Swift, who recently made a profit from selling the Hyannis Port pad she bought near ex Conor Kennedy's family compound, has found herself a new summer home in the ritzy Rhode Island community of Watch Hill.

The 23-year-old reportedly scooped up one of the area's beachfront mega-mansions for a cool $17 million.

The fledgling music mogul, who first toured the house earlier this month, is reported to have laid down cash for the 11,000-plus square-foot estate which sits on 5.23 acres.