TV Article Nicole Kidman as Grace Kelly -- PHOTO By Nakisha Williams Published on October 31, 2012 12:00PM EDT Photo: WENN; Howard Sochurek/Time Life Pictures/Getty Images Nicole Kidman has stepped into the shoes of writers Martha Gellhorn (Hemingway & Gellhorn), Virginia Woolf (The Hours) and photographer Diane Arbus (Fur) for previous roles, but if the latest pictures from the set of the upcoming biopic Grace of Monaco are any indication, her role as actress-turned-princess Grace Kelly might be her best historical figure transformation yet. Earlier pictures from the set showed Kidman in vintage day wear and a chic gold gown, giving some indication of how costume designer Gigi Lepage would help morph her into the glamorous icon. But when the actress stepped on the Monte Carlo set October 30 to film scenes with Tim Roth, who plays her on-screen husband Prince Rainier III, there was no denying she looked every bit a princess. Kidman stunned in an embellished strapless bodice with a full tulle skirt and satin shawl. Her hair was swept into Kelly’s trademark bouffant, she dripped in diamonds and even showed off satin opera gloves while nailing a regal wave to photographers. The film, helmed by director Olivier Dahn, will follow the story of the late Philadelphia-born star’s involvement with Monaco’s Prince Rainier III. With a reported $30 million budget for the project, that’s scheduled for release in 2014, we can only imagine what other alluring looks are in store to capture Kelly’s timeless style that continues to inspire designers. Is this fairytale reminiscent look a step in the right direction? Read more: End of the fairy tale: Grace Kelly Read the Book! 26 Disappointing Movie Adaptations Do makeup, prosthetics and costumes transform Zoe Saldana into a convincing Nina Simone?