October 06, 1997 12:00 AM

Recent newlyweds Michael Douglas, 56, and Catherine Zeta-Jones, 31, appear to be feathering their already well-padded nest. A real estate agent in Bermuda has confirmed that the couple is in the process of buying a two-story, five-bedroom holiday house with a swimming pool and two cottages in the British colony. Sales price was not disclosed, but a local newspaper claimed it was $2.5 million. The house was reportedly built in 1821 and is set on a 2.2-acre estate.

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