Val Kilmer turned a 5,328-acre New Mexico ranch into a retreat with rental cabins and a B&B; he asked $33 million in 2009, then sold most of the property two years later when the asking price fell to $18.5 million

• Val Kilmer’s sprawling Pecos River ranch in New Mexico went from a private Hollywood escape to a high-end hospitality retreat before eventually changing hands in 2011.
• Located about 22 miles northeast of Santa Fe in San Miguel County, the ranch stretched across 5,328 acres and followed a particularly scenic section of the Pecos River.