Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.

Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.

We’ve talked about Val Kilmer’s Pecos River Ranch, the unbelievable beauty of the property about 22 miles east of Santa Fe, most recently listed for $18.5 million but originally on the market in 2009 for $33 million. Talk about lowering the price! The ranch is so very special because it has roughly six miles of a popular trout-fishing river running through, glorious wildlife, a four-bedroom, four-bath log-built house as well as several guest and staff houses. There are 10 natural springs, world-class fishing and more than 50 miles of hiking and biking on a beautiful trail system on 6,000 acres. The 10-bedroom, 10-bathroom main home has 11,573 square feet. There’s also an equestrian complex. The Wall Street Journal reports its under contract. There was speculation Kilmer would split some of the 6,000 acres for a quick sale but the agent tells me no,¬† the entire property is under contract. Also says: “still working out the particulars and able to take alternative offers.” Hear that? May not be too late! Now that’s a good, cautious agent because as anyone in this market knows, it ain’t over till everyone’s closed.

Mr. Kilmer, who has starred in films including Batman Returns, wanted to run it as a bed and breakfast a few years back but his neighbors were not too keen on the idea. Check out this slideshow from the Wall Street Journal, and see why I’m in love.

His 6,000 acre Pecos River Ranch near Santa Fe, New Mexico is under contract and set to close April 5. $23 million folks. (The rich are certainly getting out their check books!) The Pecos River Ranch is about 22 miles northeast of Santa Fe, with wildlife, 10 natural springs, world-class fishing and more than 50 miles of hiking and biking on a beautiful trail system. The 10-bedroom, 10-bathroom home has 11,573 square feet. Dying to know whose name is on the dotted…

You know that Santa Fe is practically a bedroom community of Dallas. Well, here’s your chance to own a bedroom on the Pecos River minutes from downtown Santa Fe. Actor Val Kilmer — as in Batman Returns, etc. — wanted to use his 6,000 acre Pecos River Ranch in New Mexico as a sustainable, green community-type bed and breakfast. And New Mexico’s San Miguel County said yep, that’s OK. There have been some reports that Kilmer, who may not fit into the Batmobile so well these days, also wanted to run for governor of New Mexico. But then, he made some unfavorable comments about the area, including a quote in Rolling Stone magazine about how he lived in “the homicide capital of the Southwest.” Kilmer did, however, apologize. I think he’s right on: friends who live in Santa Fe have said the same thing, actually — SF’s a rough little town, as much as I love it.¬† When I stayed there, I almost died when I realized I’d left the back door un-locked. But I felt safe at this great in-town fractional called The Residence Club at El Corazon de Santa Fe, because I was right off the square. There are parts of Santa Fe that really are as dangerous as Mexico, maybe more so. Before you buy there, let’s talk.

Well, now Kilmer has the ranch on the market price super slashed with Santa Fe Realty Partners for $23 million.

The Pecos River Ranch is about 22 miles northeast of Santa Fe, with wildlife, 10 natural springs, world-class fishing and more than 50 miles of hiking and biking on a beautiful trail system. The 10-bedroom, 10-bathroom home has 11,573 square feet.

(Don’t you love it when celebs with 11,000 square foot homes talk about sustainability? Calling Al Gore…)

The property was first listed by Orvis/Cushman Wakefield in 2009 for $33 million but did not sell. In July 2010, it was listed with Darlene Streit of Santa Fe Realty Partners.¬† It is also the only ranch around that has actual water frontage: a seven-mile stretch of the Pecos River, fishing nirvana. Last year, Kilmer told a local TV station that he put the ranch on the market to try and attract a biz partner. (Ok…)

Curiously, the website for Val Kilmer’s Pecos River Ranch is still alive and kicking. Smart guy: not too many buyers kicking the tires of $23 million dollar homes these days.

Of course this is what you need for the ultimate Santa Fe real estate “re-treat”. Or shall I say, tweet? I mean, if 8,000 square feet is one big mama house, 18,000 can only be better! Check out this magical 17 acre¬† oasis at 14-18 Destierro Trail – so big it hogs up four addresses — in the rolling hills of the Pojoaque Valley. The 17-acre property could be the ultimate family compound, especially if you are Mormon. Or have very pesky in-laws. The spread includes a main residence, guest house, Hacienda with private-entry guest rooms, and a Main Hall complete with kitchen, dining, and private “session” rooms. (Private sessions, eh. ) Very high-end finish outs and the joint is loaded with antiques from around the world. That plus meditation rooms, gardens, reflective pools, and centuries of ambiance enhanced by rooftop terraces, portals, and fountains. There are 16 bedrooms, but only 14 bathrooms dang it, great room with kiva fireplace, shower/steam/massage rooms, and all masters are decked to the nines. I mean, how many times does a retreat come on the market? Ten Thousand Waves is up the street but hey, with a place this size, who needs to step one bare tootsie out the door? Value-priced: $7.5 million.

(Please re-tweet this retreat!)