John Travolta is reportedly planning to buy a $2.5 million lakeside house.

The 56-year-old actor and his wife Kelly Preston - who are expecting a new baby together - have been looking at a property on the shore of Keuka Lake, New York, and are hoping to make the sale quickly so they can relax before the birth.

A source told National Enquirer magazine: "The word is John's Jet recently landed at the local Penn Yan airport and the deal is ready to go down."

The impressive multi-levelled mansion is located on a half-acre plot on the "most spectacular" spot of the lake and has three bedrooms, five bathrooms, a swimming pool, a gym, outdoor kitchen facilities and boasts a 360-degree view of the water.

Kelly, 47, has been advised to take it easy ahead of the birth and the lake and the Town of Wayne, where the property is located, is the perfect place for her to rest up ahead of the November due date.

The source added: "I can't think of a more beautiful, peaceful place for John and Kelly to kick back in the weeks before their new baby arrives."

The couple already have a 10-year-old daughter Ella and suffered tragedy when their 16-year-old son Jett passed away in January 2009 after having a seizure during a family holiday to the Bahamas.