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 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. Contemporary reports from CBS News and the Associated Press, along with real-estate publications including The Land Report, documented the property’s years-long journey from a $33 million listing to its … Read more

In 2015, a Connecticut carpenter and his wife bought 5 acres in upstate New York for $27,000; he built three cabins, and the rentals generated more than $2.1 million

In 2015, a Connecticut carpenter and his wife bought 5 acres in upstate New York for $27,000; he built three cabins, and the rentals generated more than $2.1 million

Pic credit: Evergreen cabins When Chris Broomfield, 51, a Connecticut carpenter, and his wife bought 5 acres of land in upstate New York, he already knew what he was going to do with the property. They bought the land in 2015 for $27,000. Eight years later, the rental cabins he built on that land had … Read more