Kevin Costner Seeks Short-Term Tenants for Rocky Mountain Compound

Aspen, Colo.
$30,000 per night
160 acres with three residences that accommodate 27 people

It’s tough to imagine he needs the money or the headache of renters but Oscar, Emmy and Golden Globe winning film and television actor Kevin Costner and his wife, Christine Baumgartner, have none-the-less made their comfortably posh Rocky Mountain compound just outside of Aspen, Colo., available as a short-term rental to deep-pocketed groups at a sky-high rate of $30,000 per night. More private five-star resort that what most people think of as a private home, the 160-acre retreat is remote seeming yet just a quick drive out of downtown Aspen and, per marketing materials, will comfortably accommodate 27 people in three casually luxurious lodges.

Generic, easy-to-miss gates nestled into a thick wood open to an exceptionally long and uncommonly scenic driveway that passes through a rugged idyll of birch and pine as it snakes its way to the secluded main residence perched high on a grassy knoll above the rocky bank of Roaring Fork River. With six bedrooms and six full and two half bathrooms, the roughly 5,800-square-foot multi-level main house exudes understated luxury that blends rustic architectural features with elegant decorative elements: Rough-hewn exposed wood support columns and ceiling beams are balanced against premium-grade materials and exacting craftsmanship throughout; The dining room chairs are slip covered in relaxed, cardboard-colored linen under a pair of delicate chandeliers dripping with glittering tear drops of crystal; And a snarling stuffed mountain lion is contained in a lighted niche above the bed in the master suite that, as revealed to CNBC, also offers a secret, under-the-rug trap door in the floor that pulls open to a wooden staircase that leads to one of the estate’s three hot tubs.

The photogenic compound offers two additional, smaller residences plus vast stretches of lawn, a couple of fish-stocked ponds and a sledding hill. The “Field of Dreams” star, who’s appeared in now fewer than four baseball themed films, unsurprisingly built his own baseball field complete with stadium lighting, a sound system and an automated pitching machine.

Currently starring in the Paramount Network drama “Yellowstone” as well as the soon-to-be-streamed Netflix crime film “The Highwaymen” opposite Woody Harrelson and Kathy Bates, the “Dances With Wolves” star also maintains an eye-popping collection of properties just south of Montecito, Calif., in the sleepy seaside community of Carpinteria where he keeps three side-by-side ocean front homes. Costner acquired the first property in the late 1980s, the second in the late 1990s and the third just over two years ago when he quietly shelled out $7.3 million for an updated three-bedroom residence positioned to take advantage of unimpeded ocean and coastline views.

In 2006, Costner and Baumgartner substantially expanded their Carpinteria holdings with the $28.5 million purchase of an under-developed 17.25-acre bluff-top property overlooking the Pacific only about half of a mile down the beach from their oceanfront compound. At the time of their acquisition, there were several modest residences sprinkled around a large open space used as a polo practice field. The Costner-Baumgartners sold off about seven acres in 2009 for $25 million and, after deciding not to build a home for themselves, put the remaining 10+ acre spread with its pint-sized cottage up for sale with an eye-catching, publicity generating and much too aggressive asking price of $60 million in the spring of 2017 and then again in 2018 at a hugely reduced $49 million. The property no longer appears on the open market and property records do not reflect a change of ownership.

Listing photos: Coldwell Banker

More Dirt

  • Annie Potts House

    Film and Television Veteran Annie Potts List Mid-Century Sherman Oaks Home

    Veteran film and television star Annie Potts and husband James Hayman appear to have caught a classic case of the Celebrity Real Estate Fickle, setting a mid-century residence in a secluded neighborhood just below Mulholland Drive in the foothills above Sherman Oaks, Calif., out for sale at $1.795 million after they bought it just over [...]

  • Ben McKenzie House

    ‘Gotham’ Star Ben McKenzie Sells Gotham Condo (EXCLUSIVE)

    “Gotham” star Ben McKenzie has sold a condo at the eco-minded Riverhouse complex in New York City’s Battery Park City that was last listed at $2.675 million. (Property records do not yet reflect a purchase price.) Married in 2017 to his Brazilian born and New York City raised “Gotham” co-star Morena Baccarin, the former “O.C.” [...]

  • Harry Styles House

    Harry Styles Still Seeking Sale of Sunset Strip Villa

    After more than 2.5 years on and off the market with an original asking price that pushed up on $8.5 million, British pop music phenom Harry Styles now has his modern villa above L.A’s Sunset Strip listed at $6.995 million. Once carrying costs, improvement expenses and real estate fees are calculated, the heavily tatted-up 25-year [...]

  • Vanessa Hudgens House

    Vanessa Hudgens Seeks Sale of Longtime Studio City Home

    Actress, recording artist and “So You Think You Can Dance” judge Vanessa Hudgens has her longtime home in the foothills above Studio City, Calif., up for sale at $3.85 million. The “High School Musical” franchise alum, who had a plum role earlier this year in the technical issue riddled televised musical “Rent: Live” and is [...]

  • Vance Owen Bel Air Mansion

    Producer Vance Owen Upgrades to Bel Air Mansion (EXCLUSIVE)

    Though he produced one of 2018’s worst performing and universally excoriated films, the John Travolta-starring biopic flop “Gotti,” personal injury attorney and prolific B-movie producer Vance Owen has nonetheless upgraded his real estate circumstances from a celeb-pedigreed Sunset Strip contemporary to an almost $6.9 million Mediterranean-inspired villa in the rustic-luxe upper reaches of L.A.’s Bel [...]

  • Armie Hammer Buys Hancock Park Mansion

    Armie Hammer Slides Into Hancock Park Traditional (EXCLUSIVE)

    A quietly dignified residence on in Los Angeles’ historic and historically well-to-do Hancock Park neighborhood has been sold for a tetch more than $4.7 million to an anonymous trust, and two ear-the-ground tattletales, including ever-reliable real estate yenta Yolanda Yakketyyak, swear the new owners are “On the Basis of Sex” star Armie Hammer and actress/baked [...]

More From Our Brands

Access exclusive content