Blake Lively & Ryan Reynolds Buy a 'Country Home' Together

Blake Lively and Ryan Reynolds

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Lovebirds Blake Livelyand Ryan Reynoldsare nesting. 

The couple, who werefirst 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 inBoston, New York Cityand New Orleans but seem to have found the perfect place for settling down.