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The great farm that the deceased Gene Hackman and his wife Betsy Arakawa called home in the Santa Fe area could be worth millions if it reaches the market.
The 12 acres property is northeast of Santa Fe, the capital of New Mexico.
At the end of February, the police discovered the actor and his wife, a classic pianist, deceased. They were ages 95 and 65, respectively, at the time of their death.
Gene Hackman and his wife Betsy Arakawa arrive at the 60th Golden Globe Awards in Los Angeles on January 19, 2003. (Kevin Winter/Getty images)
Gene Hackman, wife found dead in Santa Fe Estate: What to know about the property
A real estate agent recently told Daily mail Hackman’s property could resort to $ 5 million in case it is listed.
The agent said the house “is big, elegant and has great bones, so there will be interest.” His ties with a Hollywood star could help at his price, according to The Outlet.
The extensive property of Santa Fe has two houses, one of which existed when Hackman bought it and another that built about 25 years ago, Realtor.com reported in February.
The actor said Architectural digestion In 1990, he put the original home of the property at a significant renewal. He turned to the architects Harry Daple and Stephen Samuelson for that effort, according to the exit.
“Because Hackman and Arakawa were so fiercely deprived about their home life, it is difficult to know exactly how many updates and updates they made to the property during the more than 20 years they lived there,” said the Executive editor of Realtor.com Charlie Lankston to Fox Business on Thursday.
“In 1990, Hackman revealed that he had made extensive changes in the home, which was in a state of poor condition when he bought it,” Lankston said. “In 2000, he built another house on the same land, and in the 25 years, he added a series of external structures, including the garages where the activity of the rodents was discovered. There were only four rooms and a bathroom in the house when Hackman bought it. However, he and his wife added many more rooms during his property, all of which would be added to the value.”
This view shows the entrance to the neighborhood of the Summit of Santa Fe, where the late actor Gene Hackman lived in Santa Fe, Nm (Ronaldo Schemidt/AFP through Getty Images)
The massive renewal that Hackman detailed in 1990 meant demolishing walls, creating a living room and making the ceilings significantly higher, according to Architectural Digest.
According to reports, the actor incorporated multiple styles, such as town, colonial New Mexico and Spanish baroque, to the house during remodeling.
Lankston said the estimates have put the value of the house “anywhere between $ 3.8 million and $ 4.5 million, with many headlines that placed it at $ 4 million exactly.”
The Santa Fe ranch has belonged to Hackman since the 1980s.
New Mexico officials said that Arakawa died around February 12 and that Oscar’s winning actor spent approximately one week after her. His cause of death was the result of Hantavirus pulmonary syndrome. Hackman died of cardiovascular disease of hypertensive atherosclerosis with Alzheimer’s disease as a contributing factor, Fox News Digital previously reported.
Genes Hackman (Vera Anderson/Wiremage)
Gene Hackman’s house is infested with rodents after his wife died of Hantavirus
The New Mexico Department of Public Health found rodents and nests dead in eight separate units on the property of the couple during an evaluation in early March.
“When it comes to putting a sale price at home, the couple’s death should not have an impact,” Lankston told Fox Business, pointing out factors such as home size, surface, condition, comforts and decoration are usually used to determine that.
“While the house connection with Hackman and Arakawa passes can prevent their ability to sell, I would not expect it to negatively impact the price initially,” he said. “It is also very likely that many possible buyers are not rejected by the fact that their former owners died there. In any case, I think the enormous public scrutiny about the future of the house can be the largest deterrent.”
That, he said, could make some buyers focused on privacy are less interested in him if he went on the market.
The houses within the same postal code as the Hackman ranch varied in value. Sales prices in the area ran between $ 70,000 and $ 19.5 million, according to data on the Realtor.com website.
Gene Hackman, the wife’s death improvises questions about the future of his properties
In March, the houses in the postal code had average prices of $ 893,000 and square meters of 1,700, told Fox Business, the economic research analyst of Realtor.com, Hannah Jones.
“The medium price of square foot in this ZIP was 528 in March 2025, which would result in a list price of around $ 4 million for Hackman’s house,” he said.
A house of almost 11,500 square feet with a lot of 3.41 acres for sale not far from Hackman property had an initial price of $ 7.5 million, showed a list in Zillow.
Recently a private funeral was held for Hackman and Arakawa, People reported on April 15.
Stephanie Giang-Paunon of Fox News Digital contributed to this report.
