




The 'Celebration' singer bought the Wild Ocean Farm, situated in the posh Hamptons area of New York State, from designer Calvin Klein's ex-wife Kelly, reported Contactmusic.
"Madonna is thrilled the ranch is now hers!," said a source.
The farm is currently being used to train show horses, and Madonna was only allowed to buy the ranch on the understanding she kept it as a working equine centre.
The 51-year-old singer is a keen horse-rider and was badly injured in a riding accident four years ago.
Madonna is also believed to be interested in a 1.5 million pound adjoining plot of land and is making enquiries into buying it so she can build a mansion there.