No One Wants Nicolas Cage Mansion
A Bel-Air mansion once owned by Nicolas Cage found no takers in a foreclosure auction this week.
Despite earning tens of millions of dollars over the course of his nearly 30 year career, the former Oscar winner is cash-strapped and at the center of several lawsuits for unpaid debts. He owes millions in unpaid taxes and in January his foreclosed home in Las Vegas sold for nearly $5 million.
The 11,817 square-foot mansion in the upscale Los Angeles neighborhood failed to get a single bid at its $10.4 million asking price during this week’s auction, forcing ownership to revert to a foreclosing lender,
The Los Angeles Times said on Thursday. Cage originally tried to sell the property for $35 million.
The newspaper quoted a real estate agent who called the interior design “frat house bordello” with framed comic books on walls. Charming…no wonder no one wanted it! The mansion also had model train sets on raised tracks in some rooms, in addition to a central tower, a home theater, and an Olympic-sized pool.