He must like the place! Ashton Kutcher splashes out on $10.8m Hollywood mansion he has been living in since November.. after Justin Bieber views property

It seems the thought of losing his house to Justin Bieber was too much for Ashton Kutcher to take.

For the Two and a Half Men star has just splashed out on the $10.8m listed Hollywood mansion he has been renting since November.

It had seemed the Baby singer was going to splash out on the house, and Ashton even joked how he was trying to 'take my house from under me' when they appeared on television together last week to promote the new series of Punk'd.

Done deal: Ashton Kutcher has purchased this luxury $10.8million house in the Hollywood Hills

The jolly star has been renting the Hollywood Hills house for $50,000 a month since his split from wife Demi Moore in November.

Wrangling a deal: Cowboy Ashton Kutcher made sure he out-gunned competitors in the war to buy his new residence

And after falling in love with the place, he clearly pulled out all the stops to make sure he did not lose out.

He told Jimmy Kimmel last week: 'I had to buy the house because I thought he was going to buy it out from under me.

'I was like 'I don't want to lose this house.' He forced me to buy a house."

It certainly has plenty of space, as the home has five generously sized bedrooms, and it sprawls across 9,400 square feet.

Looking over Lake Hollywood, the large living room has walls of glass, allowing the Ashton have a perfect view of the stunning scenery.

He will have plenty to keep them occupied with a private movie theatre, the perfect place to watch himself in the lightly regarded 2004 box office hit The Butterfly Effect.

And he can unwind following a stressful day playing Apple founder Steve Jobs in his latest project by enjoying a drink in the bar area.

Stunning views: The actor can work on his Steve Jobs impersonation while looking at the beautiful vista

The Iowa native can even work on keeping his model body in perfect shape by doing workouts in the property's plush gym, before cooling down with a rubdown in the massage room.

Ashton can also practice his culinary skills in the large state-of-the-art gourmet kitchen, where he will no doubt relish cooking up some surprises for his gaggle of showbiz friends.

He will no doubt be relieved to have secured his dream home after almost having it snatched from under his nose.

Big bedroom: No doubt Ashton will enjoy relaxing after a hard day's acting by spending some quality time between the sheets

Outside view: The state-of-the-art property has glass walls for perfect views across the Hollywood Hills

Gym: Ashton can work on building action man muscles if he ever tires of comedy in his top quality workout room

According to public records, the actor's living trust finally gained ownership of the home last Thursday.

It had been listed for sale initially at $12 million, then lowered to $10.8 million, with the final sales price remaining undisclosed.

Ashton had joked about the situation, saying how shocked he was when he found out the Boyfriend singer was snooping around his digs during house hunt.

He said: 'I found this amazing house in LA and booked it to stay in for like three months.

Pool the other one! The house overlooks Lake Hollywood and comes complete with its own swimming pool

Worth chandaleering at: There is just enough room for him to entertain his Two and a Half Men castmates in this dining area

'So I was away and had booked the house, it was all done, and all of a sudden my assistant tells me there's someone coming to look at my house to maybe buy it.

'Then I get a text from this [Bieber] and he's in my house, checking it out.

'I was like, "Why are you trying to take my house out from under me?"'

Bieber ended up buying a luxury $6m house in the Calabasas area of California instead.

Lounge lizard: Ashton is sinking millions into setting up permanent residence in a new home in Hollywood

Cooking up a storm: Ashton can make breakfast when he has friends over in this well-equipped kitchen