by Michael dEstries
Categories: Home, Lifestyle
Tags: .

Val Kilmer’s Pecos River ranch finally has a new owner.

The 51-year-old (who could definitely benefit from reading this) has been attempting to sell the 5,300 eco-wonderland since 2009. The initial market price of $33M bottomed out earlier this year at $18.5M. It appears that was the sweet spot for one oil boss, Benjamin A. Strickling III, who reportedly is the new owner of all but 141-acres that Kilmer intends to hold on to.

Kilmer’s original business plan was to develop high-priced homes, constructed with indigenous materials (adobe, wood, and stone for natural insulation and heat), and featuring solar panels and a wind turbine system. Each house would be required by its “members” to have its own government-certified organic garden; its fruits would go to a co-op.

“It says something that almost 100 percent of the people who come here just feel good,” he said in a 2006 interview.”There’s a right-ness to developing a community that interacts with the local one. I have to develop it because otherwise it’s really wasting the land.”

Perspectives like that one always make me chuckle. I mean – imagine what we could develop on all that wasted land in Yellowstone?!

Let’s hope this oil exec doesn’t f*ck things up. I wonder if Val got to keep his awesome treehouse?

About Michael dEstries

Michael has been blogging since 2005 on issues such as sustainability, renewable energy, philanthropy, and healthy living. He regularly contributes to a slew of publications, as well as consulting with companies looking to make an impact using the web and social media. He lives in Ithaca, NY with his family on an apple farm.

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