September 21, 2023
Kevin Costner's wife Kristen is moving on, but it's not a clean break
SANTA BARBARA, CALIFORNIA - MAY 4: Christine Baumgartner is seen on May 4, 2023 in Santa Barbara, California.  (Photo by MEGA/GC Images)

Kevin Costner’s spouse Kristen has moved out of her household’s $100 million beachfront house after a decide granted her a July 31 deadline. The place did you land? Simply down the highway in a small home owned by her soon-to-be ex-husband. It has been referred to as a “short-term answer”. (photograph: MEGA/GC Photographs)

Kristen, Kevin Costner’s estranged spouse, has formally moved out of the household house — however she hasn’t landed very far.

In a shock transfer in a contentious divorce, the previous purse designer, 49, has moved simply minutes down the highway right into a second beachfront property owned by Yellowstone Najm, 68. In keeping with the individuals The supply of the journal, the transfer – which occurred on Friday, the pictures It was acquired by a number of retailers and proven – is a “short-term answer” so Christine can discover a house within the space to be near the couple’s three kids.

“Kristen follows the authorized recommendation for every interval earlier than shopping for and vacating the household house,” the insider instructed the outlet. “She’ll keep in a smaller home ‘previously used’ as employees quarters… It is a short-term answer. She’s nonetheless on the lookout for one other home. She’s staying within the space in order to not disrupt the youngsters’s lives. They are going again to high school within the fall with their associates. (She’s) attempting to maintain All the pieces is as pure as attainable. Her solely focus is the children.”

What we learn about Christine’s tentative excavations

The Oscar winner owns an in depth actual property portfolio. The couple — with kids Kayden, 16, Hayes, 14, and Grace, 13 — resided of their major beachfront compound in a gated group in Carpinteria, California, and have been valued at no less than $100 million. Kevin He bought the property fronting the Pacific Ocean in 1994, a decade earlier than marrying Christine. Beneath a prenuptial settlement, Christine needed to vacate the property, which incorporates a number of houses, inside 30 days of submitting for divorce. It ended up taking a couple of months longer than that – and a decide ordered her to vacate the property by July 31.

However alongside the way in which, Kevin owns one other oceanfront property, the place Kristen is now briefly staying. Kevin purchased that house—which incorporates two bungalows, a 500-foot non-public seashore, equestrian amenities, and a baseball discipline—in 2006, when he was newly married to his second spouse. (She was one of many The most expensive real estate transaction That 12 months.) The aim was to construct the couple their dream house. He designed a big home, a pool and a visitor home, however they in the end by no means moved in, deciding on the compound as an alternative.

We have been getting a glimpse of Kristen’s short-term house base in recent times as a result of in 2017, Kevin Wonderful property listingfor $60 million. Whereas the value later dropped to $55 million, it was not bought and brought off the market.

Kevin additionally confirmed the property in a home tour with Leisure tonight. It has 360 diploma views of the water and mountains. He stated that kids go there after faculty to play soccer with their associates within the huge fields. Christine constructed her personal backyard (full with a “Mom’s Backyard” signal, which he talked about drawing himself).

There are two houses on the second 10-acre property. The primary house on the water is a 1942 house of roughly 1,000 sq. toes. Nonetheless, Christine is staying in a extra fashionable constructing additional up the water. The house, which has a inexperienced roof, is about the identical dimension (making it a lot smaller than the household’s 4,860-square-foot house). It has a wood deck round it with a grill. Whereas Christine has gorgeous views of the water on one facet, the opposite appears to be like out over a big group storage containers positioned on the farm.

(Photo: Coldwell Banker)

Christine’s bivouac, out entrance, has nice views however is smaller than she’s used to. It was used as a employees quarter. (Picture: Coldwell Banker)

Kevin stated earlier this 12 months that he mortgaged the property to pay for it horizon Film collection. (He added that his accountant was “appropriate for complicity” about his resolution.)

What’s subsequent for exes

After Kristen filed for divorce from Kevin on Could 1, he paid her greater than $1.2 million, in response to the obligations of a prenuptial settlement, to make use of on a brand new house. She resisted transferring at first, however the decide ran out the August 31 deadline. When Kristen finds a brand new house, Kevin—who stated he does not need a divorce—will even pay the mortgage, taxes, and insurance coverage for the primary 12 months.

Throughout a latest divorce listening to, a decide dominated that Kristen would obtain $129,000 a month in short-term youngster assist to maintain the youngsters within the life-style they have been accustomed to. Though it is an enormous quantity, it is lower than the roughly $250,000 monthly you’d need.

Within the lead-up to Kristen’s transfer, there was drama about what she was allowed to take away from the household house. Kevin, who’s price an estimated $200 million, objected to what he felt was her imprecise request to take “some pots and pans.” She accused him of attempting to “smear” her within the media, calling the “pots and pans” argument “frivolous.”

“There isn’t any ambiguity about what I plan to take away,” she wrote in one of many recordsdata. “Kevin would not be offended by eradicating any of the objects I’ve listed, definitely not private stuff like my peloton bike and household heirlooms.”

Final week, Kevin and their three children vacationed in Aspen, the place he owns one other sprawling compound, price $250 million. The week earlier than that, the children have been with Kristen in Hawaii at a five-star resort. She was additionally accompanied on the journey by a pal of the ex-couple, Josh Connor.

Subsequent within the acrimonious divorce timeline is a case administration convention on November 22 previous to a listening to on November 27 to find out the validity/enforceability of the prenuptial.

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