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The massive property that the late Gene Hackman and spouse Betsy Arakawa referred to as house within the Santa Fe space may very well be value tens of millions if it hits the market.
The 12-acre property is situated northeast of Santa Fe, the capital of New Mexico.
In late February, police found the actor and his spouse, a classical pianist, deceased. They have been ages 95 and 65, respectively, on the time of their deaths.
Gene Hackman and spouse Betsy Arakawa arrive on the sixtieth Annual Golden Globe Awards in Los Angeles on Jan. 19, 2003. (Kevin Winter/Getty Photographs)
GENE HACKMAN, WIFE FOUND DEAD AT SANTA FE ESTATE: WHAT TO KNOW ABOUT THE PROPERTY
A realtor lately advised the Every day Mail the Hackman property may go for $5 million ought to it get listed.
The agent stated the house “is big, stylish and has great bones, so there will be interest.” Its ties to a Hollywood star may assist its worth, in line with the outlet.
The sprawling Santa Fe property has two houses on it, one in all which existed when Hackman purchased it and one other he constructed about 25 years in the past, Realtor.com reported in February.
The actor advised Architectural Digest in 1990 that he put the property’s unique house via a big revamping. He turned to architects Harry Daple and Stephen Samuelson for that endeavor, in line with the outlet.
“Because Hackman and Arakawa were so fiercely private about their home life, it’s difficult to know exactly how many updates and upgrades they made to the property during the 20-plus years that they lived there,” Realtor.com government editor Charlie Lankston advised FOX Enterprise on Thursday.
“In 1990, Hackman revealed he had made extensive changes to the home, which was in a state of disrepair when he purchased it,” Lankston stated. “In 2000, he built another home on the same land, and in the 25 years since then, he’s added a number of external structures, including the garages where rodent activity was discovered. There were only four bedrooms and one bathroom in the home when Hackman bought it. However, he and his wife added many more rooms during their ownership, all of which would add to the value.”
This view reveals the doorway to the Santa Fe Summit neighborhood the place the late actor Gene Hackman lived in Santa Fe, N.M. (RONALDO SCHEMIDT/AFP by way of Getty Photographs)
The large renovation that Hackman detailed in 1990 concerned tearing down partitions, making a residing space and making the ceilings considerably taller, in line with Architectural Digest.
The actor reportedly integrated a number of types, corresponding to Pueblo, colonial New Mexico and Spanish Baroque, into the house through the transform.
Lankston stated estimates have put the house’s worth “anywhere between $3.8 million and $4.5 million, with many headlines placing it at $4 million exactly.”
The Santa Fe ranch has belonged to Hackman because the Eighties.
Gene Hackman (Vera Anderson/WireImage)
GENE HACKMAN’S HOME FOUND TO BE INFESTED WITH RODENTS AFTER WIFE DIED OF HANTAVIRUS
The New Mexico Division of Public Well being discovered lifeless rodents and nests in eight indifferent outbuildings on the couple’s property throughout an evaluation in early March.
“When it comes to putting an asking price on the home, the couple’s death should not have an impact,” Lankston advised FOX Enterprise, noting components like house measurement, acreage, situation, facilities and decor are usually used to find out that.
“While the home’s connection to Hackman and Arakawa’s passings may impede its ability to sell, I would not expect it to negatively impact the price initially,” he stated. “It’s also highly likely that many prospective buyers will not be turned away by the fact that its former owners passed away there. If anything, I think the huge public scrutiny over the future of the home may be the biggest deterrent.”
That, he stated, may make some privacy-focused consumers much less considering it if it went in the marketplace.
Properties inside the similar ZIP code as Hackman’s ranch diversified in worth. Asking costs within the space ran the gambit from $70,000 to $19.5 million, information on Realtor.com’s web site confirmed.
GENE HACKMAN, WIFE’S DEATHS PROMPT QUESTIONS ABOUT FUTURE OF THEIR ESTATES
In March, houses within the ZIP code had median costs of $893,000 and sq. footage of 1,700, Realtor.com Senior Financial Analysis Analyst Hannah Jones advised FOX Enterprise.
“The median listing price per square foot in this ZIP was 528 in March 2025, which would translate to a listing price around $4 million for the Hackman home,” she stated.
A virtually 11,500-square-foot home with a 3.41-acre lot up on the market not removed from the Hackman property carried a $7.5 million asking worth, a list on Zillow confirmed.
A personal funeral service for Hackman and Arakawa was held lately, Folks reported on April 15.
