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Report: Taylor Swift Closes on House in Hyannisport, MA

Image courtesy of Credit: Sarah Barlow (via ABC News Radio)
Image courtesy of Credit: Sarah Barlow (via ABC News Radio)

If you thought that Taylor Swift would give up on the idea of purchasing a house in Hyannisport, MA near the Kennedy Compound just because she split up with Conor Kennedy , think again.  The Boston Herald reports that the transaction is a done deal.

The paper reports that the waterfront mansion cost Taylor around $4.8 million, which was a bargain considering the home's original asking prices of $13.5 million.  It features seven bedrooms and five baths on 1.1 acres, and it has private beach access to Nantucket Sound.

In addition, The Boston Herald says that according to the deed on file in Barnstable County, MA, the property was sold to Ocean Drive LLC, a corporation that was formed July 31 to handle real estate transactions.  The address of the LLC is listed as that of Flood Bumstead McCready & McCarthy, which is Taylor's Nashville-based financial management company.

While it may seem odd that Taylor would continue with the purchase if she is no longer involved with Conor, it's worth noting that she also has a close relationship with Kennedy matriarch Ethel Kennedy .  In addition, there is that tantalizing rumor that she and Conor only pretended to break up, in order to ease his family's fears that they were getting too serious.

Copyright 2012 ABC News Radio