Nicolas Cage reportedly has sold his contemporary-style mansion in Newport Beach, Calif. for $35 million.
The Wall Street Journal's "Private Properties" column today broke the story (link not available online) of Cage's sale, which took place just a few months after Cage encountered an intruder in the home. Cage purchased the house, at 2692 Bayshore Drive in the private bayfront Bayshores community, on July 13, 2005 for an undisclosed price (widely reported as $25 million, but public records in Orange County don't show a sale price) through his Hancock Park Real Estate Trust, according to public records.
Now, Cage, who buys and sells properties like kids used to trade baseball cards, has chosen to dump his Newport Beach property and instead retreat to his longtime, walled and gated mansion at 363 Copa de Oro Road in Los Angeles' Bel-Air area, which he recently took off the market after it had been on the market for $35 million, as we reported on December 29, following the lead of the Los Angeles Times' Ruth Ryon reported.
Public records don't yet show evidence that Cage's Newport Beach mansion has sold. However, we have no reason to doubt the Journal, which reported today that the buyer is the owner of Las Vegas-based gas station/retailer Terrible Herbst. The paper reported that the deal just closed last week. The Journal also reported that Cage's sale price amount represents an Orange County record, which isn't altogether surprising.
Features in the one-story Bayshore Drive mansion include a stone loggia with retractable glass doors, a view of the harbor's main turning basin, a dock that can accommodate boats of more than 150 feet, and a pool and a spa, according to listing information and the Journal. Public records reveal that the house measures 4,401 square feet, and sits on a 0.58-acre lot.
As we have reported many times before, Cage owns many other properties all around the U.S. Including his mansion in Bel-Air, he owns places in Middletown, Rhode Island, property in Las Vegas, a house in New Orleans' French Quarter, and a house in San Francisco. He has owned many other L.A.-area houses over the years, along with property overseas as well.