Ranch news

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Val Kilmer’s $33 million ranch, which is 35 minutes southeast of Santa Fe, N.M., includes almost six miles of the Pecos River.

Val Kilmer’s $33 million ranch, which is 35 minutes southeast of Santa Fe, N.M., includes almost six miles of the Pecos River.

Actor Val Kilmer of “Batman Forever” and “Top Gun” fame has listed his 5,970-acre Pecos River Ranch in New Mexico with Colorado Springs-based Orvis/Cushman & Wakefield for $33 million.

Thirty-five minutes southeast of Santa Fe, the 5,330 deeded and 640 leased acres are adjacent to the Santa Fe National Forest and include almost six miles of the Pecos River.

“Kilmer spent the past 13 years assembling the property and enjoying life on the Pecos River Ranch,” said John Watson, president of OCW. “To find river frontage with fishery of this quality for sale in New Mexico is rare. “(It) presents an unmatched opportunity for an investor.”

In related news, Watson also confirmed that the firm’s historic 290,000-acre Bell Ranch listing has lowered its asking price $103 million, a 22-percent reduction from the original listing price.