Updated

Celebrity couple Naomi Watts and Liev Schreiber are selling their home, according to Dan's Papers -- and no, it isn't located on Mulholland Drive.

The charming country-style home happens to be in the Hamptons hamlet of Amagansett, NY. Listed for $5.85 million, the luxe cottage features five bedrooms and 7.5 bathrooms.

Measuring 6,061 square feet, the "cottage" is quite large, but it feels quaint and cozy. The spacious family room has a farmhouse style with wood paneling, vaulted ceilings, and a bluestone fireplace, according to the listing.

The farmhouse charm extends to the kitchen, which features whitewashed cabinets and top-of-the-line appliances, and dining room, which features a light-green tray ceiling and gleaming hardwood floor.

The actors have been busy away from the realm of real estate. Watts is reprising her role as Evelyn in the next installment of the "Divergent" series (set to release in March 2016), and Schreiber will be returning to TV for a fourth season of "Ray Donovan" in 2016.