A young couple set out to open a guesthouse in a remote place in Iceland. They come for peace but soon find out that something evil is lurking beneath their basement and hunting them in their dreams while they sleep.

It Hatched follows the couple MIRA and PÉTUR that journey's from Nashville, TE to Iceland, where they're planning to open a guesthouse in a remote fjord. Their plans are soon altered when an ancient Icelandic demon starts harassing them with vivid night terrors. What follows is a chain of events that include PÉTUR facing dementia, MIRA laying an infant sized egg and them both squaring up against the tall task of - parenting.