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Swift bought an 11,000-square-foot colonial-style mansion in Watch Hill, Rhode Island for $17.75 million in 2013. The home, formerly known as Holiday House, was built in 1904. Swift wrote "the last great american dynasty" on her "folklore" album about the home's former owner, Rebekah Harkness.

Swift bought an 11,000-square-foot colonial-style mansion in Watch Hill, Rhode Island for $17.75 million in 2013.

Swift wrote "the last great american dynasty" about her Watch Hill, Rhode Island mansion's previous owner, Rebekah Harkness. Jared DiPietro/Getty Images

The home, formerly known as Holiday House, was built in 1904. Swift wrote "the last great american dynasty" on her "folklore" album about the home's former owner, Rebekah Harkness.

She reportedly paid for the home in cash.

"I got the house when I was in my early twenties as a place for my family to congregate and be together," Swift told Entertainment Weekly, saying that she learned about Harkness "as soon as I was being walked through [her former Rhode Island] home."

Swift is known for throwing Fourth of July parties at the house, which is at the highest point of Watch Hill and has views of Little Narragansett Bay. The mansion has eight bedrooms, eight fireplaces, and a pool.

It's now estimated to be worth $22.5 million.

Sources: Property records, Insider, Entertainment Weekly, Zillow

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