Nicolas Cage’s Bel Air Estate Finally Sold
October 23, 2009 - Los Angeles
Nicolas Cage has sold the Bel Air property for an amount estimated to be between $9.5 and $15 million.
Cage, 45, originally asked for $35 million for the house, which he bought for almost $6.5 million in 1998.
The 1940 baronial mansion, clad in decorative brickwork, has six bedrooms, nine bathrooms, five fireplaces, stained glass and period details in 11,817 square feet.
There is a theater, a library and a 1,800-bottle wine cellar. The acre of grounds includes a swimming pool, an outdoor kitchen with a brick oven and a gated circular motor court.
This comes at the heels of Cage's need for funds due to mismanagement of funds by his manager and a $6 million IRS bill to settle.
His two New Orleans houses have been foreclosed on and will be sold in a sheriff's auction next month. His castle in Bath is on the market, and so are houses in Las Vegas and Rhode Island.
Sources : Latimes - Contactmusic
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