Pete Wentz, musician
Type: 4-bedroom house
Location: Studio City, California
Price: $1.5 million
When the bassist and lyricist for Fall Out Boy (now on hiatus) goes home, it's not to former wife Ashlee Simpson. However, the home he purchased in April provides a cozy place to land. Just under 2,000 square feet, the house is distinguished by its yard, which includes pathways, a Japanese tea house, a koi pond and faux waterfall. A wood-burning fireplace in the open floor plan makes it a welcoming abode.
To see even more modest homes of celebrities, visit Forbes.com.
