She may be a Hollywood A-lister with a penchant for extravagant designer gowns, but when it comes to buying a new home, actress Julia Roberts prefers understated chic. According to Variety, the star just purchased a new house in Point Dume, Malibu, for a hefty $9.56 million, more than double the average price of property in the area. Despite its price tag, the ranch-style home is surprisingly modest, with exposed ceiling beams and distressed hardwood floors. The humble abode features a rustic living room with an open fireplace, vegetable garden, and grove of fruit trees. While it's yet to be styled by the actress, the property has clear character. Oh, and it's just down the road from Roberts's second property, a $13.28 million estate that sprawls across two acres. Scroll down to take the tour!