According to Variety, Michael Douglas is set to star in The King of California, a comedy to be produced by the Sideways team of Alexander Payne and Michael London.

The pic, which begins shooting in February, will mark the feature directing debut of Michael Cahill, best known for his Faulkner Prize-winning novel "A Nixon Man."

The comedy concerns a young girl whose teenage years are complicated by an eccentric and manic-depressive father who becomes obsessed with his belief that there's buried treasure in the San Fernando Valley.