Inside John Corbett and Bo Derek's Quiet Newlywed Life: 'They Are Adorable,' Says Source

John Corbett and Bo Derek's newlywed life couldn't be sweeter.

Earlier this month, the Sex and the City alum revealed during an appearance on The Talk that he and his longtime girlfriend wed "around Christmastime" last year after nearly two decades together. The secret nuptials were fitting for the couple, who live a "quiet ranch life" in Santa Ynez, California, a source tells PEOPLE in this week's issue.

"They live on this amazing property in Santa Ynez," the source says. "They seem to enjoy their quiet ranch life. They are both big animal lovers. They have many horses and adopted dogs."

"Bo is involved in local charities. They support local businesses and are great people," the insider adds. "As a couple, they are adorable. They always hold hands and look very happy."

For more on John Corbett and Bo Derek, pick up the latest issue of PEOPLE, on newsstands Friday, or subscribe here.

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After Corbett, 60, shared that he and Derek, 64, had tied the knot, Derek's rep also confirmed the news to PEOPLE, explaining that "Bo and John were married in a private ceremony late last year."

"We're pretty private people, we didn't make an announcement, all our friends and family knew but this is the first time either one of us has said anything publicly about it because really we haven't had an opportunity," Corbett told Jerry O'Connell on The Talk last week. "So, you're my buddy and now I guess I'm telling all of America, or the world."

"After 20 years we decided to get married, we didn't want 2020 to be that thing that everybody looks back at and hated," he continued. "We thought, 'Well, let's get one nice thing out of it.'"

The pair first began dating in 2002. In an August 2020 interview with Fox News, the 10 actress opened up about why they had yet to wed.

"I think when you're beginning a young family and you're going to have children and set up this new family tree branch, it's obviously a wonderful commitment and it's meaningful," Derek said at the time. "But for us in our lives, it hasn't been yet."

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She also discussed their immediate connection — "It was just an attraction, a comfort," she said of their meeting.

"He makes me laugh all the time. He's full of life, full of joy. I became attracted to him and I still am. We take things day by day and I think we are still there," Derek continued. "We're starting to get a little more settled."

Corbett had echoed Derek's views on marriage in the past, telling the Huffington Post in 2016, "I have a lot of friends that get divorces. It becomes this whole thing. I think the secret is just enjoy being together."