"The baby came early but everyone is happy and healthy," a source told the mag. The Bedford house is all prepared. They're going to stay up there for the baby's first days."
Lively announced she and her actor hubby were expecting their first child in early October via her lifestyle website Preserve.
"It's just something that I've always wanted ever since I was a little girl," Lively told the Daily News' Confidenti@l column shortly after announcing the happy news.
"I never knew what I wanted to do for a living but I knew I wanted to have a lot of kids because I had come from a big family, so it was always important to me. So it's just the excitement of that finally being here."
Lively and Reynolds, 38, met on the set of 2011's "The Green Lantern" and wed in Sept. 2012.
A rep for Lively has yet to respond to the Daily News' request for comment and no further details have been released on the the child's gender or name.
