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17 year old Kylie Jenner is literally the New Kid on The Block, purchasing her 1st home for $2.7 million.

Kylie is inking a deal to buy this 4,900 square foot house in The Oaks, an exclusive gated community in Calabasas. The house is a block from sisters Kourtney and Khloe and features a home theater, a pool, 5 bedrooms, an awesome kitchen, and more.

Kylie has made a lot of money on Keeping Up With The Kardashians. To give you an idea, we’re told Scott Disick banks $4 million a season, so she’s got the cash. We’re told Kris Jenner is “helping her” with the purchase, but we’re told it’s Kylie loot.

So I gotta ask …


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