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Nicolas Cage's Real Estate Drama: Bel Air Mansion To Be Auctioned (PHOTOS)

First Posted: 06/02/10 06:12 AM ET   Updated: 05/25/11 05:00 PM ET

The much speculated about, larger-than-life Bel-Air mansion belonging to actor Nicolas Cage was spotted by Curbed LA on ActiveRain this week, with the following update:

"On 3/18/2010 a Notice of Sale was recorded against the title to 363 Copa De Oro Rd...Cage bought the house in 1998 for $6.5 Million, but over the years the property was refinanced and borrowed against several times to the extent (that according to Public Records), over $17 Million is currently owed on the property."
The house is to be auctioned on April 7th, with bids starting at $11 Million.

The elaborate home, previously owned by Tom Jones and Dean Martin, is more than 11,000 sq. feet, with 6-bedrooms and 9-bathrooms. The two-story tudor mansion boasts all the comforts one could imagine, including an outdoor BBQ, a media room, a spa/sauna, a theater, a wine cellar, and one acre of lush landscaping. View many more pictures of Cage's quirky estate here.

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The much speculated about, larger-than-life Bel-Air mansion belonging to actor Nicolas Cage was spotted by Curbed LA on ActiveRain this week, with the following update: "On 3/18/2010 a Notice of Sale...
The much speculated about, larger-than-life Bel-Air mansion belonging to actor Nicolas Cage was spotted by Curbed LA on ActiveRain this week, with the following update: "On 3/18/2010 a Notice of Sale...
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Filed by Jane Helpern  | 
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Marcia Minneti
0 Fans
03:51 PM on 04/23/2010
He hocked that house to the hilt without any consideration of paying it back. Who does Nicholas Gage think he is, the US government?
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HUFFPOST SUPER USER
ZiloRS
546 Fans
08:47 PM on 04/08/2010
Beautiful house...but I don't know how anyone could imagine that much purple would not be an eye sore. Quite tacky interior.
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robbor
187 Fans
04:09 PM on 04/08/2010
where are the unicorns?
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socalcde
My micro-bio is empty.
261 Fans
12:53 PM on 04/07/2010
The house and grounds are lovely, but the decor is strange.
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HUFFPOST SUPER USER
BabaLou7
Insignificant, yet eternal God Fractal
235 Fans
11:50 PM on 04/06/2010
Judging by the decor and the number of houses he is rumored to own, I would say that Nick Cage is a shopaholic and needs help.
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spenn2000
18 Fans
07:42 PM on 04/04/2010
http://activerain.com/blogsview/1577242/nicolas-cage-s-bel-air-mansion-notice-of-tru
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spenn2000
18 Fans
07:30 PM on 04/04/2010
Great to see that Huffington Post read my Blog on ACTIVERAIN ..... as did CURBED LA :)
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hippie4ever
1747 Fans
12:38 PM on 04/04/2010
What a great set for "The Great Gatsby" -- beautiful gardens for exterior shots; opulently tasteless interior to reveal the flaws of its inhabitants.

I thought Mr. Cage had better aesthetics but then again, his films...
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HUFFPOST SUPER USER
Tulka2
Solidarity. Courage. Humor.
2099 Fans
12:20 PM on 04/04/2010
Rich people used to think it fine to live in hotels. All of this at a much lower cost and company too.
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katooom
415 Fans
06:44 PM on 04/03/2010
not bad. what would property taxes on $11M house be?
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HUFFPOST COMMUNITY MODERATOR
edrice222
1643 Fans
05:01 PM on 04/03/2010
Great history, lovely exterior and beautiful grounds. The interior looks like someone's bad dream to me. Poor Cage... seems as if he got carried away with himself. Wish I could buy it, redo the interior and have all my friends move in... make it a happy house again. Oh well, I can dream.
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NOLA2
5 Fans
04:55 PM on 04/03/2010
Beautiful dining room decor, but you could do that in a home with a smaller mortgage. The home does have beautiful floors and ceilings.
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Harrier
44 Fans
02:39 PM on 04/03/2010
I heard stories about Cage blaming the his tax preparer and then claiming he would not lose the house, but apparently that was too much. Clearly Cage has still owes a lot. To me the home seems quite large and appears to more resemble a hotel than a house. A person who has not lost a job losing and losing a Mansion perviously owned by celebrities does not get much sympathy when so many are struggling on a day to day basis because of the economy.
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KeepMeLearning
Some of you have a lot of learning to do...
1210 Fans
01:43 PM on 04/03/2010
Not my cup of tea. I'm sure someone will love it, though.
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LovingHope
84 Fans
11:55 AM on 04/03/2010
No wonder he went broke. It seems like he was living beyond his means. These houses are too much!
I feel bad for the housekeeper.
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