Sunday, January 16, 2011

Hollywood Star Nicholas Cage’s Former Las Vegas Residence Up for Sale for $8,9 Million

Around this time last year we heard that the Las Vegas home that once belonged to Nicolas Cage has finally been sold. Kenneth Lowman, Broker/Owner of Luxury Homes of Las Vegas announced that he sold Cage’s foreclosed, now bank-owned Las Vegas home the first day it was on the market at a new low price of $4.95 million. Cage, who once had a variety of properties scattered all around the world, picked up this home in 2006 for $8.5 million. In July 2008 he listed it for $9.95 million. The 14,000-square-foot home with a 16-car garage was later discounted to $9.49 million. The seven-bedroom home is blandly extravagant with a sweeping staircase, home theater, elevator and panoramic views of Las Vegas. The home has a pool and spa and is located in a gated community for privacy.
The home has resurfaced with a new listing that proudly proclaims its Cage provenance. A comparison of listing pictures from then and now reveals that a little sprucing up and staging has taken place but the overall look of the home is very similar. The price is back up again, it is now listed at $8.9 million.

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