Val Kilmer turned a 5,328-acre New Mexico ranch into a retreat with rental cabins and a B&B; he asked $33 million in 2009, then sold most of the property two years later when the asking price fell to $18.5 million

Val Kilmer turned a 5,328-acre New Mexico ranch into a retreat with rental cabins and a B&B; he asked $33 million in 2009, then sold most of the property two years later when the asking price fell to $18.5 million

In 2011, Val Kilmer’s scenic Pecos River ranch in New Mexico changed hands after years on the market. Initially listed at $33 million, the asking price dropped to $18.5 million. The ranch not only boasted abundant natural beauty and guest facilities but also held a storied connection with Hollywood. Eventually, it was acquired by Texas oil tycoon Benjamin A. Strickling III and his wife, concluding Kilmer's chapter with the property.

Val Kilmer turned a 5,328-acre New Mexico ranch into a retreat with rental cabins and a B&B; he asked $33 million in 2009, then sold most of the property two years later when the asking price fell to $18.5 million - THE LOCAL REPORT ARTICLES

Val Kilmer’s sprawling Pecos River ranch in New Mexico went from a private Hollywood escape to a high-end hospitality retreat before eventually changing hands in 2011. Contemporary reports from CBS News and the Associated Press, along with real-estate publications including The Land Report, documented the property’s years-long journey from a $33 million listing to its ...