Not that we know of as of yet. There is no sign of it, but there may be one in the very distant future. Don't get your hopes up.
They were talking about it
Wasn't there a very old Zelda TV show?
Yeah and thats the reason why link will never talk again "Excuse Me Princess !"
I think it was Shigeru Miyamoto who said it would be exciting to have a live action zelda movie and that he would want one, so maybe but probably in the far future when everyone forgets the disaster that was the super mario bros movie
There are fan films on YouTube. My favorites are Legend of Zelda: The Sage of Darkness and Legend of Zelda: The Triforce Prophecy.
We all hope and pray that there won't be...