04/21/2008 12:17:29 PM
ARNOLD SCHWARZENEGGER - SCHWARZENEGGER BUYS INTO EXCLUSIVE HOUSING DEVELOPMENT

Caption: Arnold Schwarzenegger, Maria Shriver Los Angeles Galaxy vs Chelsea FC at the World Series of Football held at the Home Depot Center - Red carpet arrivals Carson, California ....
Movie action man-turned-Governor of California ARNOLD SCHWARZENEGGER has invested in a new luxury housing project in Santa Barbara, California.
The Terminator star and his wife Maria Shriver have paid almost $5 million (GBP2.5 million) for a 25-acre portion of the Rancho Monte Alegra project.
The officials behind the ambitious venture hope to turn a sprawling 19th century ranch, complete with vast areas of natural beauty, into a private retreat for up to 25 families.
04/21/2008 12:17:29 PM
Also see: Arnold Schwarzenegger
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