Nicolas Cage Foreclosure Finally Sells For $10.5 Million
share this story
Follow
A new owner has finally purchased the mansion once belonging to actor Nicolas Cage. As we reported earlier this year, Cage's mansion was to be auctioned at a foreclosure auction on April 7th. Unfortunately, with bids starting at $10.4 million and property loans totaling $18 million, there were no takers, and the estate sat on the market for months.
But with more than 11,000 sq. feet of living space, including 6 bedrooms, 9 bathrooms, a sauna, theater, and even a wine cellar, this estate was bound to attract a buyer. The Los Angeles Times now reports that the mansion, which was also owned by Tom Jones and Dean Martin, has sold for $10.5 million.
View more pictures of Cage's former estate here.
Post a Comment
Loading comments… 
Huffington Post Nicole Larson First Posted: 11/10/10 01:43 PM ET Updated: 05/25/11 07:10 PM ET