Naomi Watts Wears Zac Posen to Vanity Fair's Oscar Party

2011 Vanity Fair Oscar Party Hosted By Graydon Carter - Arrivals
Actress Naomi Watts arrives at the Vanity Fair Oscar party hosted by Graydon Carter held at Sunset Tower on February 27, 2011 in West Hollywood, California. (Getty Images)more pics » Naomi Watts Oscar Party Dress
All eyes were on Naomi Watts at this year's coveted Vanity Fair Oscar Party. Fans waited with bated breath for a glimpse of Watts' red carpet dress and she certainly did not disappoint. The actress wowed in a dramatic black Zac Posen dress with a sheer bodice. The gown was reminiscent of Old Hollywood thanks to it's feathered train.

Naomi Watts seemingly came out of nowhere when she burst onto the scene with Mulholland Drive in 2001. Of course this isn't the case, as Aussie Naomi spent years pounding the pavement in her home country as well as in Hollywood. After Mulholland Drive, Naomi received critical acclaim and an Oscar nom for her performance in 21 Grams. Since then, she's starred in many critically acclaimed films and seems to prefer smaller flicks than big blockbusters. With this career direction, there's no doubt she'll be nominated again in the future.

The 83rd Annual Academy Awards were held February 27, 2011 at the Kodak Theatre in Hollywood. James Franco and Anne Hathaway hosted the festivities, which honored the best films of 2010. Hathaway, who employed her stylist gal pal Rachel Zoe to dress her for the event, looked fabulous as always. And as well she should: Zoe's fee was reportedly astronomical!

Click the image to see more Oscar fashion and beauty:

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Who was best dressed at the 2011 Oscars?

The 83rd annual Academy Awards are as much about fashion as they are about movies. See if you can guess who was best dressed on entertainment's biggest night.

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