The show has been ordered straight to the series by Netflix and it will be a 10-episode project, according to The Hollywood Reporter.
The show, which also features actor Kate Siegel, is a modern adaptation of Shirley Jackson's classic 1959 novel of the same name.
The plot revolves around four people living in an 80- year-old mansion.
The character details of the trio are being kept under wraps.
The show reunites Reaser and Thomas with series writer- director Mike Flanagan.
They earlier who starred in his film "Ouija: Origin of Evil" (2016).