Blake Lively and Ryan Reynolds
04/23/2012 AT 05:00 AM EDT
04/21/2012 AT 07:30 PM EDT
Lovebirds Blake Lively
and Ryan Reynolds
The couple, who were first linked
late last year, "bought a beautiful country home" in Bedford, N.Y., a source tells PEOPLE.
And it's not too shabby. "The house cost more than $2 million," the source said of the property.
The actors, who starred together in the super-hero film The Green Lantern
, have been spotted in Boston
, New York City
and New Orleans
but seem to have found the perfect place for settling down.
They've been seen around town doing everything from horseback riding, to buying chocolate milk and dining at the Bedford Post Inn.