He hasn't returned to the eastern Iowa town since its famous cornstalks resurrected Shoeless Joe Jackson and other long-dead ballplayers on the big screen 17 years ago.
But now comes word that Costner will return.
The star will appear Aug. 11 at the baseball field in Dyersville as part of a "Rolling Roadshow" tour, in which 10 classic movies are being shown at the sites of their filming.
Netflix, an online movie rental service that organized the tour, confirmed this week that Costner will make an appearance before the movie is shown on a 30-foot inflatable screen in the outfield.
Costner will play a free concert with his unnamed rock band, followed by the movie.
"We're real excited about it," said Keith Rahe, manager of Left & Center Field of Dreams, a tourist attraction at the site of the movie's ball field. "This is going to be a nice setup."
"Field of Dreams" was an Academy Award nominee and featured one of the most famous movie lines ever: "If you build it, they will come."
"Returning to the 'Field of Dreams' location to play a concert ... has special meaning for me," Costner said in a news release. "The movie was significant in my career, and the band is an important part of my future."