Less than a year after Hollywood icon Gene Hackman and his wife, Betsy Arakawa, were found dead inside their secluded Santa Fe compound, the storied property is already moving toward a sale.
The 53-acre estate, which spans two parcels in the gated Summit neighborhood, entered contingent contract just days after being listed for $6.25 million on Jan. 16, according to Realtor.com.
A contingent offer signals that a buyer has been secured, though inspections and other conditions must still be satisfied before the deal closes.
The swift interest comes despite the home’s tragic recent history, which listing agents acknowledged could narrow the buyer pool.
“There will be some buyers that are just averse to purchasing a property where a death has occurred,” Tara S. Earley of Sotheby’s International Realty previously told the Wall Street Journal.
“There are other buyers for whom that doesn’t matter. We are selling the property on its virtues and all of the positives.” Earley added, “We just priced it based on what we felt was the fair market value.”