For a Hollywood star: a hidden lakeside retreat in the Irish countryside.

Funnyman Will Ferrell is believed to have bought a stunning home on the shores of Lough Sheelin in Mountnugent, County Cavan.

The top actor is reported to have purchased the former home of Lord Farnham of Cavan - and by the sounds of it, the property sure is fit for a nobleman.

The home, most recently owned by an Irish film industry executive, was listed for an asking price of €700,000 ($807,000).

Ferrell, who has roots in County Longford, is believed to have snapped up the handsome property,  however, Savills auctioneer declined to confirm the identity of the buyer.

According to the Meath Chronicle, the 5,000 sq foot 'Arley' home has only changed hands once before in its 400-year history between Lord Farnham of the Maxwell Family and the current owner.

The house is also situated on extremely private, south-facing grounds, which overlook Lough Sheelin.

Included in the deal is also a boathouse and an area of woods - offering the perfect amount of privacy for a high profile star.

Ferrell is a proud Longford man, who previously wore his county colors GAA jersey while being interviewed for Irish radio. 

“I’m committed to my Irish roots. James Joyce spent a lot of his time living outside of Ireland, I too have spent a lot of time living outside of Ireland. But it doesn’t make me any less Irish. I’m so committed in fact that I will continue to drive on the left-hand side of the road. Will it be dangerous? Yes. Is it illegal? Highly. But that is how committed I am," he previously said.

He is also rumored to be fond of a tipple in Eamon Farrell's pub!

Read More: Will Ferrell fails utterly at pronouncing Irish names

Read More: Will Ferrell sings 'Danny Boy' dressed as a leprechaun for St. Patrick's Day

Will Ferrel in Dublin for the 2017 premiere of "Daddy's Home."RollingNews