Olivia Newton-John‘s Santa Ynez ranch is set to be a new owner’s “Xanadu” … the striking property has officially sold after several months on the market.

Real estate sources tell TMZ … a buyer has decided to be hopelessly devoted to the 4-bedroom, 5-bathroom estate located in Santa Barbara County — one of California’s famed wine regions.

Whoever walked away with the deed certainly got one hell of a deal, as the property was initially listed back in May for a whopping $8.965 million … and it just sold for $7.95M.

The abode is worth every penny, given its luxe amenities … sitting on 12 private acres with nearly 4,500 square feet of living space, a view of the Santa Ynez River, a gourmet kitchen, a 2-bedroom guest house, a pool, a barn, an outdoor kitchen, and a game room.

It’s no wonder rumors circulated back in September that former President Joe Biden had been eyeing the property, as it’s certainly fit for a man of 46’s status.

However, as TMZ learned at the time, JB and First Lady Jill Biden were NOT actually planning to make the “Grease” actress’ former home their post-White House pad … it was all just a rumor.

Marcus Jordan entered a not guilty plea in his DUI case on Friday, TMZ Sports has learned.

As we previously reported … Michael’s son is facing three charges stemming from his run-in with police earlier this week — DUI crash with property damage, possession of cocaine and resisting an officer without violence.

Jordan allegedly got his Lamborghini SUV stuck on train tracks early Tuesday morning after a night out in Florida … and when cops arrived at the scene, they claim he showed signs of intoxication.

Body cam footage obtained by TMZ Sports showed Jordan try to pull the famous dad card during the incident, but cops apparently weren’t impressed … and he was cuffed and taken to a DUI testing facility.

Once they got there, cops say Jordan was acting like a rude blabbermouth … and even had some music requests, asking they “play some Mariah Carey up in this bitch.”

While Jordan hasn’t spoken out on his side of things, he did thank all his supporters who reached out to him in the days following his arrest.

Can you guess the celebrity who put their bare baby bump on full display for Instagram???

This starlet is no stranger to the entertainment industry, first busting onto the scene in season 16 of Oxygen’s “Bad Girls Club.” She expanded her reality TV résumé with a stint on VH1’s “Love & Hip Hop: New York” … later getting into the music industry as a Warner Records artist.

If you’re still scratching your head, just know this rapper likes to keep “Everything Nice” … which explains the pretty in pink getup. Think you’ve got it now???