Tom Ford's Discounted New Mexico Ranch: A Celebrity Property For Sale

In the ever-changing landscape of the real estate market, celebrities are not immune to the pressures of selling their homes. Recently, Tom Ford, the renowned fashion designer and filmmaker, faced the reality of a challenging housing market by significantly reducing the price of his stunning 22,000-acre ranch. What makes this story particularly intriguing is that unlike many celebrity listings that are often found in the glamorous neighborhoods of Los Angeles, Ford's property is nestled in the serene landscape of New Mexico.

Initially listed in 2016 for a staggering $75 million, the asking price for this luxurious estate has now been slashed by an impressive $27 million, bringing it down to $48 million. This price cut signals not just a shift in Ford's selling strategy but also highlights the current trends in the housing market that have led many sellers to reconsider their asking prices.

Ford purchased the property in 2001, hiring acclaimed architect Tadao Ando to design the main house, which is a single-story modernist masterpiece. He also incorporated a tranquil reflecting pool that adds to the serene atmosphere of the ranch. Despite his apparent decision to sell, Ford has expressed a deep fondness for the property, sharing with Forbes, "I am happier at my ranch in the middle of nowhere, watching a bug carry leaves across the grass, listening to silence, riding my horses and being in open space." This sentiment reflects a connection to the land that is often rare in the fast-paced world of celebrity life.