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
U.S. Trade Representative launched Section 301 probes into unfair trade practices of 60 countries
2 days ago
The Customs and Border Protection said the four-part refund system will be operational in a few weeks
2 days ago
Jeopardy! threw indirect shade at the actor for saying no one cares about Ballet and Opera .
3 days ago
Harvey, in his wildest imagination, couldn't believe the answer was popular.
3 days ago
The host couldn't believe his eyes when the answer showed up on the board.
3 days ago
David Malpass told Fox Business that U.S. energy independence will be crucial for growth measures
4 days ago
Sen. Rick Scott has proposed 'American Dream Accounts' that would help people save for a home.
4 days ago
The nonpartisan fiscal watchdog CFRB has warned that the U.S. may be heading blindly into the next crisis.
4 days ago
Anthropic CEO Dario Amodei explains if AI models can actually go rogue and rebel against humans.
4 days ago
By the end of the game, Harvey was left wondering what he had just heard.
4 days ago
Senator Cory Booker is set to introduce the new tax with the aim to curb the cost-of-living crisis
5 days ago
Illinois is looking to setup Newborn Equity Support Transfer program to help mothers with childcare
5 days ago
Harvey was disappointed with the players who couldn't come up with the most obvious answers.
5 days ago
Some of the answers were too bizarre even for the seasoned host, Steve Harvey.
5 days ago
While the host fumbled the card, it had just enough for Brenda to win a brand new car
Mar 7, 2026
The nonpartisan fiscal watchdog revised its estimates to add $2 trillion to its earlier projection.
Mar 7, 2026
Chevron president Andy Walz urged the state's regulators to review their climate policy.
Mar 7, 2026
Harvey looked like he had enough as yet another question popped up, targeting him on the show.
Mar 7, 2026
Frito-Lay has recalled certain bags of its popular Miss Vickie's Dill Pickle Potato Chips
Mar 7, 2026