The young couple, which began dating in June 2015, sealed the deal on a four-bedroom, six-bathroom mansion in Brentwood, California, reported TMZ.
The property, designed by famed architect Gerard Colcord, had been on the market for $12.5 million, but Kerr, 33, and Snapchat co-founder Spiegel reportedly snagged the pad at a slight discount, paying $12 million instead. The main house also boasts a pool and a home gym. The news emerges three months after Kerr and her 25-year-old boyfriend made their red carpet debut together at a pre-Grammy Awards party in February.
The model also shared her first photos of the couple’s romance on social media in March, when she posted a number of sweet shots from their trip to Washington, DC on Instagram.