Nicholas Cage's trust paid 1.7 million for the home in December of 2006 the home was able to secure a renter instead of selling, because it just did not sell.
The home is a 1500 sq ft one story cottage, just a few doors from the sand steps to the Newport Pier. It is a 3 bedroom home that had been remodeled and had a granite kitchen and with maple cabinets. Don't be too sad Nicholas Cage's home that was on Bay Shore Drive sold in January 2008 for $35 million.
Nicholas Cage is selling off many of the homes he had all around the world at this time many of them at a loss others that did not sell. He also suffered losses in two homes that were in New Orleans to foreclosure.
Tim Lorenz
Instant MLS Listings & Free Market Analysis
"We have actually closed many short sales!"
949-282-2521
Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!
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