$10.5 Million Nicolas Cage Foreclosure Finally Sells

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.

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One Response to “$10.5 Million Nicolas Cage Foreclosure Finally Sells”

  1. [New Post] .5 Million Nicolas Cage Foreclosure Finally Sells – via #twitoaster http://www.joeyandpartners.com/2011/01/1

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