Elijah Wood has always been an extremely vocal fan of all things genre and nerdy, particularly when it comes to horror movies. In a recent interview, however, the Lord of the Rings star confessed there is one franchise in particular he's long dreamt of getting the chance to reboot for audiences.

RELATED: Why Does The Grudge Have More Movies Than Freddy, Jason or Michael Myers?

In a recent interview with ComingSoon.net, Wood and Daniel Noah sat down to discuss their production company, SpectreVision, along with five films they'd love to make if money and time were no object. Although ideas like a movie with the late Christopher Lee seems a bit far-fetched these days, one might be more possible -- a Nightmare on Elm Street reboot.

"We’ve made no secret. We’ve been in touch with the rights holders many times. It’s a real dream project for us to have a chance to make a film in that franchise," said Noah of their goal.

"It’s also interesting to think about what could we do with a franchise like that which reinvents itself or creates something that is playing with the tone and key of the franchise, but is doing it differently or taking it in a slightly new direction," added Wood.

RELATED: Freddy Krueger: Why Marvel's Nightmare on Elm Street Met an Early End

The late Wes Craven's slasher icon, Freddy Krueger, first debuted in 1984. Played by Robert Englund, the character went on to appear in another seven entries to the series. Krueger could last be seen on the big screen played by Jackie Earle Haley in the relatively poorly-received 2010 reboot directed by Samuel Bayer. So far no major movement has been made on a new entry into the franchise, so here's to dreaming about the Nightmare continuing.