Cameron Diaz and Justin Timberlake have reportedly splashed out $24 million on a Hawaiian holiday home.

The couple were pictured frolicking in the sea while on holiday in Kailua last week and it seems the pair had such a good time they have decided to invest in a property.

Justin and Cameron, both who are avid surfers, spent the whopping sum on a beachfront estate.

Buyer's agent Joan Graham, of Coldwell Banker, is refusing to confirm if the couple bought the holiday home due to a strict confidentiality agreement, however local media have confirmed the sale.

The millions bought the couple 15,000 sq. feet feet of living space, tennis courts along with a sauna, tropical pool and staff quarters.

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