malibu house party independence day Reese Witherspoon beach ocean malibu house party independence day Reese Witherspoon beach ocean

Reese Witherspoon manages to juggle it all ... a successful movie career and quality time with her two kids, Ava and Deacon.

The Oscar-winning actress spent the holiday weekend in Malibu with her family. What a great way to kick back!

We're loving Reese's carefree smile while going for a dip in the ocean. No wonder the kids have fun spending time with mom!

There have been wide reports that Reese and Jim are expecting their first baby together, and she was even spotted leaving a doctor's office last week. Could baby #3 be on the way?

See more of Reese's beach bod ... after the jump.