News

Kevin Costner’s $78 million California property for sale

By Monica Boyd

Film star Kevin Costner has put his beachfront 10.25-acre Montecito property on the market.

The story goes that Kevin Coster first saw this property when he jogged past it 11 years ago and noticed a ‘For Sale’ sign out the front. He snapped up the original 17.25 acres for $37 million.

Costner later sold 7 acres to his neighbour, leaving him with the remaining 10.25 acres.

The property sits on a bluff in Carpinteria, and has sweeping views of the Pacific Ocean, the Santa Barbara Mountians, and nearby islands out at sea.

With only a two-bedroom house, the main feature of the property is the landscape itself, with sprawling green lawns, cliffs, the beach, a baseball field, and horse-riding paths throughout.

Costner and his wife Christine Baumgartner scrapped plans to build a bigger house and pool on the property, and are reported as saying they are sad to be selling the extraordinarily beautiful piece of land. They spend most of their time at their home in Aspen with their three children.

The property is listed through Erik Wilde and Cathy Titus of Coldwell Banker Property Shoppe.

As seen on Real Estate Daily

Up to Date

Latest News

  • The biggest mistake homeowners make

    Too often I see homeowners grappling with the sell versus renovate decision and many take the wrong path. Earlier this year a couple approached me regarding their 376 sqm block and 150 sqm three-bedroom home. But with Mum, Dad and 3 children, they admit they had outgrown the house before … Read more

    Read Full Post

  • The impact of the new NSW stamp duty changes

    Read the early feedback on the impact of the new NSW stamp duty changes, as reported in The Real Estate Conversation: https://www.therealestateconversation.com.au/2017/07/03/weekend-auctions-litmus-test-new-first-home-buyer-benefits/1499041830

    Read Full Post