According to a report from Deadline, Lionsgate has announced their plans to develop a film adaptation of the Kealan Patrick Burke short story, “Peekers.” The adaptation will be a microbudget feature from the adapted screenplay written by he Oculus duo of Mike Flanagan and Jeff Howard.

The short story, published as an ebook in 2011, is officially described as follows:

Larry just wants to enjoy the first day of his retirement. But there are a couple of obstacles in his way. First, there are the kids next door who insist on racing their dirt bikes through his yard. And then there’s his eccentric neighbor Zach, who comes looking for Larry’s help, to verify that Zach isn’t losing his mind.

Because there is something in his house that couldn’t possibly be real… Something terrifying…

Lawrence Grey is attached to produce Peekers through his Grey Matter Productions. There is no word yet when the project will begin production or when we can expect it to be released. No actors have been announced in relation to the casting.

Flanagan and Howard co-wrote Oculus, which stars Katee Sackhoff, Karen Gillan and Brenton Thwaites and which was directed by Flanagan. Their next film, Somnia, is about to enter production with Sackhoff again set to star.