By StyleWatch
Updated February 01, 2010 09:48 PM

Courtesy Neil Lane; Lester Cohen/WireImage

Kristen Bell may have been totally stylish on the Grammy Awards red carpet last night in her Etro dress and Jimmy Choo heels, but it was her jewelry that grabbed all the attention — her new engagement ring, in fact! Bell’s rep confirmed to PEOPLE that she got engaged to longtime boyfriend Dax Shepard over the holidays, and she took her Neil Lane-designed ring out for a spin last night. The gorgeous ring is a fancy-colored emerald cut diamond that is over 3 carats, set in platinum with small white diamond accents. And we can only imagine what a gorgeous wedding gown this red carpet favorite will pick out! –reporting by Elizabeth Leonard