Kilmer Ranch Price Cut: Hollywood hideaway lists at $33m; finally sells for $18.5m

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.