Inside Kevin Costner’s $200 million property portfolio
Kevin Costner is one of the highest-paid actors in Hollywood and the Yellowstone star has a huge stash of cash locked up in one big spot.
Kevin Costner has denied romance rumours with Jennifer Lopez, insisting that he is not “looking for anything”.
The “Yellowstone” actor, 70, has been embracing single life and has been linked to several A-listers since his divorce from Christine Baumgartner, 50, last year.
Romance rumours swirled after Lopez and Costner were spotted spending some quality time together on a Christmas getaway in Aspen, Colorado.
Whispers of their alleged relationship heightened when a 2023 interview of Lopez’s ex Ben Affleck claiming he was “disturbed” by just how much his then-wife loved the Western TV show resurfaced.
The “Gone Girl” actor told “The Bill Simmons Podcast” about his concerns about Lopez’s obsession with the series, sparking fans to question if Affleck had predicted Costner and Lopez’s rumoured coupling long ago.
However, a spokesperson for Costner has adamantly denied those rumours, telling People magazine that the actor “is not seriously involved with anyone and not necessarily looking for anything more than that right now.”
The spokesperson noted that “The Untouchables” star — who has seven children — is focusing on his “family and friends” at this time.
So, if Costner isn’t cosying up with Lopez in her $US68 million ($A101 million) Beverly Hills megamansion, just where is he spending his time?
According to Realtor, the “Bull Durham” actor has a lucrative property portfolio.
As one of the highest-paid actors in Hollywood, Costner’s role on “Yellowstone” has earned him a staggering sum of $US1.3 million ($A2 million) per episode.
“The Bodyguard star” — whose net worth is around $US400 million ($A638 million) — is pouring some of his astonishing fortune into his multiple residences.
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Carpinteria waterfront property
In 1988, Costner purchased an enormous property in Carpinteria, California, and became the primary residence of him and his first wife, Cindy Silva.
Although it is unclear just how much the actor forked over for the compound, the property is now valued at around $US145 million ($A230 million).
The stunning home sits on 1.4 acres of land and boasts a main house and two additional homes, which all offer sweeping views of the Pacific Ocean.
When Costner and Silva split in 1994 after 36 years of marriage, the actor took ownership of the property.
However, the compound was thrown back into the spotlight in 2023 when Costner and Baumgartner divorced. Questions were raised on who would take the keys to the residence.
At the time, reports emerged Baumgartner refused to leave and moved into one of the smaller homes on the land.
Eventually, the designer and Costner reached an agreement and she packed her belongings and moved to a $US40,000 ($A63,000)-a-month rental in Montecito, California, leaving the pad all to the “Horizon” actor.
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Costner also owns a home just down the street from the property, according to Insider.
The home was briefly put on the market for $US60 million in 2017.
In June, the actor admitted that he had taken out a mortgage on the property to fund his upcoming film, “Horizon: An American Saga.”
At the time, he told Deadline, “I’ve mortgaged 10 acres on the water in Santa Barbara where I was going to build my last house.
“But I did it without a thought. It has thrown my accountant into a f*** conniption fit. But it’s my life, and I believe in the idea and the story.”
La Cañada Flintridge property
Just one year after he purchased his Carpinteria compound, Costner and Silva forked over an undisclosed amount in 1989 for the property.
Located in La Cañada Flintridge, the property boasts a 1,000-bottle wine cellar, custom aquarium, and game room.
In addition to its entertainment areas, the California compound features five bedrooms and six bathrooms.
The former lovers owned the property for just under a decade before deciding to say goodbye to the home.
The megamansion initially hit the market with a $US5.5 million asking price. It was later sold to a lucky buyer for $US2.69 million.
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Los Angeles residence
Following his divorce from Silva in 1994, Costner decided to purchase his very own Spanish-style property in Los Angeles for $US3 million in 1995.
His flashy purchase came just after he garnered an Oscar for his appearance in “Waterworld.”
According to the Los Angeles Times, the property comes with five bedrooms and staff quarters.
The home also boasts a library, gym, wine cellar, screening room, tennis court, and swimming pool.
In 2006, Costner sold the property to US TV presenter Ryan Seacrest for $US11.5 million.
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Aspen ranch
Although the actor’s California homes are impressive, the most magnificent piece in his portfolio is sure to be his sprawling Aspen, Coralodo, ranch.
Costner and Baumgartner bought the property in 2000 for $US300,000 and even tied the knot there in 2004.
Costner’s vacation getaway boasts its very own lake, baseball field, sledding hill, and three hot tubs.
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The actor still holds the keys to this property. He pours a lot of love into the home, having helpers taking care of the grounds 24/7.
When he isn’t using it, Costner rents out the home for a jaw-dropping $US36,000 ($A57,000) a night.
According to reports, the actor often amasses as much as $US250,000 ($A398,000) per week from his property.
Parts of this story first appeared in Realtor and was republished with permission.
Originally published as Inside Kevin Costner’s $200 million property portfolio
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