Gwyneth Paltrow and Chris Martin Buying $10 Million Estate

The house -- courtesy of famed architect Windsor Smith -- was listed for $10,450,000. We're told Gwyneth and Chris paid close to the asking price.

The house has 6 bedrooms and 8 baths, which means their 2 kids will probably each get their own rooms.

It was built in 2011, and apparently the real estate crash took its toll. The house was originally listed at $11,960,000 in September, 2011, but reduced recently.