ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Kevin Costner Mortgages 10-Acre Oceanfront Home In Santa Barbara To Fund $100M Passion Project 'Horizon'

Costner's 18-year marriage ended amid rumors that his ex-wife had had enough of his work commitments.
PUBLISHED JUN 5, 2023
Cover Image Source: Getty Images | Samuel de Roman
Cover Image Source: Getty Images | Samuel de Roman

Actor-filmmaker Kevin Costner has embarked on an ambitious and risky journey to bring his long-awaited Western movie franchise, "Horizon", to life. And to make that happen, he has mortgaged his prized 10-acre coastal property in Santa Barbara, California. 

This property was originally intended to be his family home. However, Costner decided to leverage it to finance the development of Horizon as he firmly believes in the idea and the story and his craft. This bold move allowed him to contribute up to $50 million towards the project. 

Source: Tommaso Boddi  Stringer/ Getty Images
Source: Tommaso Boddi Stringer/ Getty Images

An expensive dream

With Horizon's budget reaching an estimated $100 million, Costner took a personal and financial risk by mortgaging his valuable coastal property. As a passionate storyteller, Costner's decision stems from his deep belief in the movie's potential. He is willing to invest his own wealth to turn his vision into a reality. Despite the potential risks involved, Costner's determination to see the Horizon movie franchise come to life outweighs any financial concerns.

Source: Neilson Barnard  Staff
Source: Neilson Barnard Staff

Costner's Passion Project Takes Shape

Costner's "Horizon" has been a passion project for over three decades. Starting with an idea in 1988, Costner's vision for an epic Western film evolved into a four-part movie series. Despite setbacks and delays, his dedication to the project never wavered. His previous success with "Dances With Wolves", which won seven Oscars, further fueled his desire to tell compelling stories. "Horizon" promises to be an ambitious undertaking, with an extensive cast, a storyline spanning the Civil War, and a considerable budget. 

Source:  Frederick M. Brown  Stringer
Source: Frederick M. Brown Stringer

Personal Investment in the Horizon Movies

Costner's personal investment in the Horizon movies goes beyond mortgaging this property. He has foregone all fees for acting, writing, directing, and producing the series, showing his commitment to the project's success. By risking his own wealth and reputation, Costner aligns his personal interests with the film's artistic vision. This level of dedication and personal investment highlights his belief in the power of storytelling and his desire to create an unforgettable cinematic experience for the audiences.

Source: Alberto E. Rodriguez /Staff
Source: Alberto E. Rodriguez /Staff

 

Marriage Breakdown and the End of Yellowstone

The journey of bringing the Horizon movies to life has not been without personal and professional collisions for Kevin Costner. Two significant events that occurred during the development of this ambitious project were the breakdown of his marriage and the conclusion of his role in the hit TV series Yellowstone.



 

The demands of bringing Horizon to fruition undoubtedly took a toll on his personal life. Costner's 18-year marriage ended amid rumors that his ex-wife had had enough of his work commitments.

During the production of the Horizon movies, Costner's involvement in the hit TV series Yellowstone came to an end. It represented a turning point in his career, where he could fully commit to his passion project without any professional conflicts. Reports indicated that Yellowstone encountered filming schedule challenges as Kevin Costner's limited availability during the latter part of Season 5 allegedly caused disruptions, with claims of him being "difficult to work with" for agreeing to film only for one week.

Source: Frederick M. Brown  Stringer
Source: Frederick M. Brown Stringer

In the end, only time will tell if Kevin Costner's sacrifice, personal investment, and years of persistence will pay off. As audiences eagerly await the release of the first Horizon movie, they will witness the culmination of an extraordinary journey that started decades ago. Whether the Horizon franchise becomes a crowning achievement or a cautionary tale, Costner's unwavering commitment to his Hollywood dream is a testament to the unwavering spirit of a true storyteller.

MORE ON MARKET REALIST
Harvey decided to act out the scenario which the contestant thought would be inappropriate.
1 day ago
The contestant, Ron Sheppard was inches away from solving the Bonus Round puzzle.
1 day ago
In a major breach, the systems of Mobile Commons that serves the New York State were compromised
1 day ago
Playing "The Lion's Share", Riley Shepherd won big with just two lucky picks.
1 day ago
The new legislation will allow federal workers to quickly get back to work.
2 days ago
The player, Gary, won a brand new Toyota on his 50th wedding anniversary.
3 days ago
When a bald man came up with a strange answer, Harvey roasted his entire team.
3 days ago
Walmart's dupe of the viral cup is on sale for nearly half the price of the original.
3 days ago
Harvey admitted that he had never hear someone say this about American men.
4 days ago
The analysis shows tech giants like Meta, Oracle are pivoting to bonds and debt to fuel AI ambitions
4 days ago
The contestant, April Seubert, made a grand comeback to win prizes worth over $57,000.
5 days ago
With just a one in five chances, Phillip managed to bag the top prize.
5 days ago
Several coffee chains have been feeling the pain amid rising costs, tariffs, competition and more.
5 days ago
The radical pay plan could make Musk the world's first trillionaire in the next decade.
Nov 7, 2025
The TikTok creator, Auzi a.k.a @fatpastrychef's video sparked concerns over rude store staff.
Nov 7, 2025
Joseph Evans dethroned poet, Joyelle McSweeney to become the new champion.
Nov 7, 2025
Following Huang's striking comment, Nvidia took to X to soften the blow.
Nov 7, 2025
Musk has to achieve a few objectives to win the support of Tesla shareholders.
Nov 6, 2025
The FDA issued a voluntary recall over concerns about Listeria contamination.
Nov 5, 2025
Fans expressed that they too were stumped by the unusually tough puzzle.
Nov 5, 2025