Women's Wear Daily reports that the pop music singer, whose real name is Stefani Germanotta, is in the process of buying a home on the exclusive island. While the source didn't have any details on the size or purchase price of the home, it's reported to be expansive.
Recently, she has been renting a mansion in the Bel Air neighborhood near Hollywood. She's currently paying approximately $25,000 per month for the $5 million home.
The reports of the singer looking at property on the island are not new. Last month, the Boston Herald reported rumors about a similar relocation plan earlier in the year.
The small resort island off the coast of Massachusetts has drawn its fair share of famous visitors. It's been the site of multiple vacations by President Barack Obama and former President Bill Clinton, and boasts David Letterman and Larry David as residents.
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