×

Kevin Costner Seeks Short-Term Tenants for Rocky Mountain Compound

Location:
Aspen, Colo.
Price:
$30,000 per night
Size:
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

  • Dr Dre Selling Woodland Hills Mansion

    Dr. Dre Seeks Sale of Woodland Hills Mansion

    A lavish mansion in a quietly ritzy, guard-gated enclave discreetly nestled into the rugged foothills above L.A.’s Woodland Hills, long owned by Andre Young, aka rapper, record producer and near-billionaire entrepreneur Dr. Dre, has come for sale at $5.25 million. Dre himself, worth about $800 million, according to Forbes, hopes to more than double his [...]

  • David Arquette Buys Lake Arrowhead Mansion

    David Arquette Tees Up Retreat in Lake Arrowhead

    Not quite two years ago, David Arquette quietly dropped about $1.4 million to acquire a lodge-style home in the scenic, California mountain resort community of Lake Arrowhead that first popped up for sale at next to $1.9 million and is now on the market at just under $1.6 million. Listed with Meghan Hardin-Griffiths at Coldwell [...]

  • Ed Ruscha House

    Ed Ruscha Adds Beverly Hills Villa to Packed Portfolio

    A lovingly preserved house nestled high in the Beverly Hills enclave of Trousdale Estates has sold for $8.4 million, and the buyers are iconic pop artist Ed Ruscha and his longtime wife, Danica. Sprightly 81-year-old Ruscha, who famously migrated from Oklahoma City to Los Angeles in the 1950s, is now both the artist most oft-associated [...]

  • Dana Brunetti House

    Dana Brunetti Lists Showbiz Pedigreed Pad in Toluca Lake

    Film and television producer Dana Brunetti has hoisted a showbiz pedigreed property in Los Angeles’ historic, entertainment industry-favored Toluca Lake community up for sale at $6.25 million. Not counting carrying costs, extensive upgrades and considerable real estate fees, the six-time Emmy-nominated “House of Cards” producer, also a two-time Oscar nominee (“The Social Network,” “Captain Phillips”) [...]

  • $75 million Bel Air house

    Zillow-Loving Chinese Billionaire Buys $75 Million Bel Air Megamansion

    According to the Wall Street Journal, an enormous estate in the Bel Air foothills has sold for a breathtaking $75 million — and the mega-bucks buyer hails from Mainland China. And indeed, although the grant deed is not yet officially filed, it’s widely known in Platinum Triangle real estate circles that the all-cash buyer is [...]

  • Zayn Malik House

    Zayn Malik Reduces Price on Bel Air Home

    Former boy bander Zayn Malik, who would like to be known mononymously as just Zayn, has re-listed his secluded hideaway in L.A.’s posh Bel Air community with a reduced price of just under $3.2 million. The heavily tatted 26-yearold One Direction star, who released his 27-track sophomore solo album, “Icarus Falls” in December 2018, acquired [...]

  • Harry Styles House

    Harry Styles Takes Huge Hit on Sale of Sunset Strip Home

    Harry Styles was so ready to get rid of his sleekly appointed pied-à-terre above Los Angeles’s perennially chic Sunset Strip, he’s taken a huge loss on the property, selling the multi-level contemporary after more than two years on the market for $6 million. That’s a pearl-clutching $870,000 less than the English pop star paid three [...]

More From Our Brands

Access exclusive content