Val Kilmer’s Santa Fe Getaway: Perfect Dallas Second Home

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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.

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

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  1. Kim on November 16, 2010 at 3:13 pm

    The property should be even more viable to a prospective buyer as you have stated: "It is also the only ranch around that has actual water frontage: a seven-mile stretch of the Pecos River, fishing nirvana. " That is good news to know and should attract a buyer considering it is the only ranch to have water frontage in the area. Santa Fe from all accounts is a beautiful town and while there may be some undesirable areas that you've mentioned you will also find dangerous areas in almost every city in America. The ranch looks beautiful and it is a shame he is selling it but I agree this would make for a great second home for someone who lives in the City and wants to truly get away from it all..also since land is about the only commodity that cannot be made having a ranch this size with water frontage would be a very good sound investment.

  2. Kim on November 16, 2010 at 3:13 pm

    The property should be even more viable to a prospective buyer as you have stated: "It is also the only ranch around that has actual water frontage: a seven-mile stretch of the Pecos River, fishing nirvana. " That is good news to know and should attract a buyer considering it is the only ranch to have water frontage in the area. Santa Fe from all accounts is a beautiful town and while there may be some undesirable areas that you've mentioned you will also find dangerous areas in almost every city in America. The ranch looks beautiful and it is a shame he is selling it but I agree this would make for a great second home for someone who lives in the City and wants to truly get away from it all..also since land is about the only commodity that cannot be made having a ranch this size with water frontage would be a very good sound investment.

  3. Candy Evans on November 16, 2010 at 10:15 pm

    Thanks, Kim! Have you been there? And tell us about Santa Fe — what parts of town should we avoid?

  4. Candy Evans on November 16, 2010 at 10:15 pm

    Thanks, Kim! Have you been there? And tell us about Santa Fe — what parts of town should we avoid?

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