Val Kilmer turned 5,328-acre New Mexico ranch into retreat, then sold most of it

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.