Frank Micelotta/PictureGroup
April 21, 2012 07:30 PM

Lovebirds Blake Lively and Ryan Reynolds are nesting.

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.

RELATED: Ryan Reynolds & Blake Lively’s Latest Hangout: New Orleans

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