After several years languishing on the market, Val Kilmer’s ranch in New Mexico has finally sold, according to CandysDirt.com.
This could be the same transaction that was reported first in April. According to the Wall Street Journal, Kilmer’s ranch had found a buyer but “a lot of contingencies” had to be filled.
The buyer is a Texas gas executive, Benjamin A. Strickling III and his wife, Roxann. There’s no report on the final price, but it’s estimated to be close to the current $18.5 million listing price.
Kilmer first listed the ranch on the San Ysidro real estate market back in 2009 for $33 million. He has a reputation for being a difficult actor to work with and perhaps a difficult neighbor, due to some comments he made in Rolling Stone a few years back. He only recently was granted permission to run the ranch as a bed-and-breakfast, something that the new owners will have the opportunity to pursue.
Best known for playing “tough guy” roles in “Top Gun,” “The Doors,” and “Batman Forever,” Kilmer is also a fan of the great outdoors and operated his property as a working ranch, complete with herds of buffalo.
The 5,328-acre ranch is one of the few with water frontage and has a seven-mile stretch along the Pecos River. Located 22 miles outside of San Ysidro, the property also has more than 50 miles of hiking trails, 10 natural springs as well as a 11,573 square-foot home with 10 bedrooms and 10 bathrooms.