diff --git a/docs/api-guide/relations.md b/docs/api-guide/relations.md
index 8695b2c1e..d968d6b1e 100644
--- a/docs/api-guide/relations.md
+++ b/docs/api-guide/relations.md
@@ -119,6 +119,50 @@ By default this field is read-write, although you can change this behavior using
 * `pk_field` - Set to a field to control serialization/deserialization of the primary key's value. For example, `pk_field=UUIDField(format='hex')` would serialize a UUID primary key into its compact hex representation.
 
 
+## SerializableRelatedField
+
+`SerializableRelatedField` may be used to represent the target of the relationship using serializer passed as argument.
+
+For example, if we pass `TrackSerializer` the following serializer:
+
+    class AlbumSerializer(serializers.ModelSerializer):
+        tracks = serializers.SerializableRelatedField(many=True, read_only=True)
+
+        class Meta:
+            model = Album
+            fields = ('album_name', 'artist', 'tracks')
+
+Would serialize to a representation like this:
+
+    {
+        'album_name': 'The Roots',
+        'artist': 'Undun',
+        'tracks': [
+            {
+                'order': 1, 
+                'title': 'Public Service Announcement', 
+                'duration': 245,
+            },
+            {
+                'order': 2, 
+                'title': 'What More Can I Say', 
+                'duration': 264,
+            },
+            ...
+        ]
+    }
+
+By default this field take queryset from passed `serializer`.
+
+**Arguments**:
+
+* `queryset` - The queryset used for model instance lookups when validating the field input. Relationships must either set a queryset explicitly, or set `read_only=True`.
+* `many` - If applied to a to-many relationship, you should set this argument to `True`.
+* `allow_null` - If set to `True`, the field will accept values of `None` or the empty string for nullable relationships. Defaults to `False`.
+* `serializer` - Required field, serializer to represent the target of the relationship
+* `serializer_params` - Parameters, passed to serializer
+
+
 ## HyperlinkedRelatedField
 
 `HyperlinkedRelatedField` may be used to represent the target of the relationship using a hyperlink.
diff --git a/rest_framework/relations.py b/rest_framework/relations.py
index 572b69170..dfd69db8f 100644
--- a/rest_framework/relations.py
+++ b/rest_framework/relations.py
@@ -231,6 +231,36 @@ class PrimaryKeyRelatedField(RelatedField):
         return value.pk
 
 
+class SerializableRelatedField(RelatedField):
+    default_error_messages = {
+        'required': _('This field is required.'),
+        'does_not_exist': _('Invalid pk "{pk_value}" - object does not exist.'),
+        'incorrect_type': _('Incorrect type. Expected pk value, received {data_type}.'),
+    }
+
+    def __init__(self, **kwargs):
+        self.serializer = kwargs.pop('serializer', None)
+        assert self.serializer is not None, (
+            'SerializableRelatedField field must provide a `serializer` argument'
+        )
+        self.serializer_params = kwargs.pop('serializer_params', dict())
+        if 'queryset' not in kwargs:
+            kwargs['queryset'] = self.serializer.Meta.model.objects.all()
+        kwargs['style'] = {'base_template': 'input.html', 'input_type': 'numeric'}
+        super(SerializableRelatedField, self).__init__(**kwargs)
+
+    def to_internal_value(self, data):
+        try:
+            return self.get_queryset().get(pk=data)
+        except ObjectDoesNotExist:
+            self.fail('does_not_exist', pk_value=data)
+        except (TypeError, ValueError):
+            self.fail('incorrect_type', data_type=type(data).__name__)
+
+    def to_representation(self, value):
+        return self.serializer(instance=value, context=self.context, **self.serializer_params).data
+
+
 class HyperlinkedRelatedField(RelatedField):
     lookup_field = 'pk'
     view_name = None