Since hooking up late last year, things have moved pretty fast for Blake Lively and her Canadian beau, Ryan Reynolds.

Now, according to a source close to the couple, they're taking another big step together -- having just "bought a beautiful country home" in Bedford, N.Y. 

The pair, who starred in 2011's The Green Lantern, seem to have found the perfect little house for settling down... adds the source, "The house cost more than $2 million." (Ok... so maybe it's a not-so-little house!) 

But BLYAN  (ok... maybe they're the once celeb couple who's names can't make a cute sounding hybrid nickname) are no strangers to Bedford, NY... they've been spotted doing everything from horseback riding, to buying chocolate milk and dining at the Bedford Post Inn. 

How quaint!