Britney Moving Out of Hollywood!?

6/16/2008 4:20 PM PDT

Britney Moving Out of Hollywood!?

TMZ has learned Britney Spears may be finally moving out of her place in the Hollywood Hills -- to become a full-fledged California Valley girl. Like, totally, like, awesome, y'all!

We're told Brit Brit is "looking like crazy" to buy a house in a very exclusive part of Calabasas, located in the San Fernando Valley. We hear Brit's heart is set on a place in an extremely well-protected private community, home to rocker Travis Barker among a slew of other famous people. In fact, there are two sets of guard gates keeping Brit's potential new home from the common people.

Sources say Brit's been hanging out in the community gym lately, however, we're told no official deal on the mansion has been made yet.

And how's this for mom of the year -- the new pad would be closer (and certainly more accessible) to K-Fed and the kids in Tarzana, which is just a quick jaunt down the 101 Freeway ... depending on traffic.