Taylor Swift Buys Home in Cape Cod to be Closer to Kennedys

Looks like the beginnings of a true fairytale (Hollywood) romance may be in the works.

According to People magazine, singer/songwriter Taylor Swift has recently purchased a home in Cape Cod, MA - a location close to the Kennedy Compound which runs six acres along the Nantucket Sound in Hyannis Port, MA.

Swift, 22, has been spotted getting cozy with 18-year-old Conor Kennedy, the eldest son of Robert F. Kennedy, Jr.

The couple was seen roaming the streets of Swift's adopted hometown Nashville, TN not too long ago. The "Love Story" songstress even took beau Kennedy to meet her parents at a restaurant during the visit.

The colonial Cape Cod home, which Swift purchased for $4.9 million, contains 7-bedroom and 5 bathrooms. The house sits on property across the street from Conor's grandmother, Ethel. Robert F. Kennedy's widow supposedly highly approves of Swift. According to reports, when a reporter stopped Ethel at the Television Critics Association summer tour in Beverly Hills earlier this month to ask what were her thoughts on the country singer becoming a Kennedy one day, she responded with, "We should be so lucky."

People has confirmed the news of Swift's new home ownership with a local real estate agent, who claims Swift purchased the Cape Code property last week. According to the realtor, "It's in a beautiful location and right across the street from Conor and the Kennedys. It's a beautiful home. She got a nice home, paid fair price. The house was on the market for two to four years." The home was originally listed for $13.5 million.