KEY POINTS:
California Governor Arnold Schwarzenegger and wife Maria Shriver have bought a 10ha tract in an exclusive coastal enclave in Santa Barbara County for US$4.7 million ($5.9 million).
The Santa Barbara area has long been a magnet for celebrities, from Oprah Winfrey to Michael Jackson.
Schwarzenegger snapped up a parcel in the Rancho Monte Alegre project, a former ranch in Carpinteria dotted with waterfalls and lush canyons that is being transformed into privately owned estates.
