Katie Holmes buys USD 500,000 holiday home

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Katie Holmes has bought a lakeside retreat in Michigan
Los Angeles: Hollywood actress Katie Holmeshas reportedly splashed out USD 500,000 on a holiday home inMichigan.

The 34-year-old actress has bought a lakeside retreat inMichigan for herself and daughter Suri, seven, so that theyoungster can grow up outside of the Hollywood culture,reported National Enquirer magazine.

"Katie wants Suri to discover what life in the Midwest islike and to get a taste of traditional American values. Shehopes to take Suri there every summer. Katie's family wantsSuri to be around her cousins and aunts and uncles. They aredetermined she won't grow up a spoiled brat," a source said.Suri is no stranger to holiday homes, as her father, TomCruise, recently took her on his private plane to his ownluxurious private resort, The Greenbrier in Greenbrier County,West Virginia.

Since the Oblivion star split from Holmes last June,after six years of marriage, Suri has lived with her mother inNew York with Cruise having regular visits.

The Hollywood superstar, who also raises 20-year-olddaughter Isabella and 18-year-old son Connor with his ex-wifeNicole Kidman, regularly uses his private plane to see Suri orto pick her up and the tot has access to the jet, which isbased at a Manhattan heliport, whenever she wants.