Val Kilmer Relists Ranch for $18.5 Million
January 06, 2011 - New Mexico
Actor Val Kilmer has relisted his 6,000-acre New Mexico ranch for $18.5 million, a 44% discount from its original $33 million asking price in 2009.
The Pecos River Ranch is about 30 miles east of Santa Fe. Six miles of popular trout-fishing river runs through the ranch.
The property includes a main house built of logs with four bedrooms and four baths, with an attached guest house.
There are several additional staff and guest houses, as well as an equestrian complex. Mr. Kilmer currently operates the ranch as a bed and breakfast.
C. Patrick Bates of Bates Sanders Swan Land Company in Salt Lake City has the listing with Darlene L. Streit of Sotheby's International Realty as a supporting broker.
This article has been republished from Wall Street Journal
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