J Lo splashes out 18 million dollars on new home

Washington: Singer and actress Jennifer Lopez has bought a new home in the exclusive Water Mill area of the Hamptons, New York for 18 million dollars.

The 14,000-square foot home, which was built in 2010, boasts of seven bedrooms, nine and a half bathrooms and beautiful panoramic water views. She can definitely afford the property as it was recently revealed she has re-signed to judge ``American Idol`` when it returns to screen later this year for a reported 20 million dollars. Lopez, 42, who recently announced her split from her husband of seven years Marc Anthony, is definitely moving on from the split. However, she recently admitted it was the hardest decision she has ever made, but remained optimistic for the future. "Sometimes it doesn``t work - and that``s sad. But I remain an eternal optimist about love. I believe in love. It``s still my biggest dream,” Contactmusic quoted her as saying. ANI