07/18/2014 11:13 EDT | Updated 07/21/2014 03:59 EDT

Blake Lively's Third Vogue Cover Is Cowgirl Chic

Flawless hair? Check. Muse to fashion designers? Yes m'am. New lifestyle website? You bet. Face of Gucci? Um, yeah. Vogue cover girl? Yep, for the third time!

We're just talking about the one and only Blake Lively, who graces the cover of the style magazine's August 2014 issue in a cowgirl chic look that makes us want to run off to the Wild Wild West.

So, why is the actress, who hasn't been on screen since 2012, on the much-coveted cover? It all has to do with the 26-year-old's new lifestyle website, Preserve, which launches at the end of July.

As such, Ryan Reynolds' other half dons very mature looks for the Mario Testino-produced photographs. For the cover shot, the "Savages" actress makes rustic look glamourous in a fiery red strapless dress underneath an oversized vintage-looking shearling coat.

The inside spread shows the blond bombshell hanging out at a ranch looking totally gorgeous in the best designer duds including a fitted sheepskin vest thrown over a long jersey dress and a Met Gala-worthy sheer gown accessorized with a print blanket (and a horse!).

But fashion isn't the main topic of the Vogue interview. In it, the red carpet maven chats about life with her Canadian hubby, how Martha Stewart saved her wedding and the inevitable backlash of her Goop-like site.

Blake previously covered Vogue's Feb. 2009 issue and their June 2010 issue.

Blake's Vogue Feb. 2009 cover:

Blake's Vogue June 2010 cover: