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Gene Hackman’s Santa Fe Estate Enters Contract 11 Days After Listing

The estate accepted a contingent offer 11 days post-listing, with inspections, appraisals and closing steps still pending.

Overview

  • Listed at $6.25 million on Jan. 16 by Sotheby’s agents Tara S. Earley and Ricky Allen, the 53-acre property was marked contingent by Jan. 27, per listing records.
  • A contingent status indicates an accepted offer subject to inspections and other conditions, and the estate has agreed to cover a needed new roof while the home may still be shown.
  • The compound spans two parcels in Santa Fe’s gated Summit community and includes a main house and guesthouse (three bedrooms each), an artist’s studio, a lap pool, a hot tub and a putting green across roughly 13,000 square feet.
  • Personal belongings were removed and the home was professionally staged, with agents saying it was priced at fair market value rather than seeking a celebrity premium.
  • Authorities previously determined Betsy Arakawa died from hantavirus pulmonary syndrome and Gene Hackman died days later from severe heart disease with Alzheimer’s contributing; the sale is being managed by the couple’s estate administrator, with inheritance details for his children still unclear.