TMZ: Manning buys house with elevator in Cherry Hills

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ENGLEWOOD, Colo. -- TMZ is citing sources that say new Denver Broncos quarterback Peyton Manning has purchased a multi-million dollar house in the same neighborhood where John Elway currently resides.

The 16,000 square-foot mansion Manning closed on Monday in Cherry Hills Village is worth $4.5 million, according to TMZ. It has seven bedrooms, nine bathrooms, a seven-car garaged, a gated entrance, a panic room and an elevator.

According to Virtual Globetrotting, John Elway is currently living in the same neighborhood. To see pictures of Manning's new house, click here.