The "Wrecking Ball" and "Party in the USA" singer-songwriter will be "riding high" in her recently acquired equestrian ranch located in Hidden Hills, the Woodbridge Luxury Homes of California (a division of the Woodbridge Group of Companies, LLC) according to Business Wire, a press release distribution site.

Miley Cyrus shelled out about $5 million, via her Sunshine Girl Trust, to acquire the prime property. The traditional ranch-themed home has 6,500 square feet of living space and sits on an impressive 5.5 acres of spread. The estate is considered one of the largest properties in terms of lot area in the celebrity-packed residential neighborhood of Hidden Hills in the city of Los Angeles.

The property is every equestrian's dream haven with its one-acre arena for that horseback riding experience. It also includes two paddocks located beside the riding arena to house the owner's horses. You can check out some photos of the property here, courtesy of Curbed Los Angeles.

On the outside, a 10-stall barn with tack and storage, a chicken coop with a hen house, a vegetable spread, and a citrus garden can all be found. Other than the horseback riding arena, a vineyard large enough to contain 550 grape vines also highlights the more than five acres of outdoor area. But for the less active soul, one can simply take in the panoramic pastoral views in the farm-like setting of the place.

The exteriors also feature a swimming pool, a spa, a built-in BBQ, a covered lanai, an outdoor fireplace and many mature shade trees.

The property was constructed back in the 1950s and includes the ranch house with seven beds. The loft-style great room inside the house features a beamed ceiling and walls of French doors. It also includes a wet bar, a gourmet kitchen, and numerous seats to comfortably accommodate a decent number of guests. You can also find a 1,000-bottle wine cellar within this portion of the house, perfect for those nights of unwinding. The home is also enclosed by a wrap-around veranda.

Miley Cyrus, whose father is another musician in the person of country singer, Billy Ray Cyrus, chose the estate because she wanted a more secured place, according to a report by the TMZ. The Toluca Lake residence of the 22-year-old singer and actress reported three break-ins within a span of just several months.

She was represented by the The Altman bros from "Million Dollar Listing L.A." and Nate Smith in the deal, the TMZ also wrote.