CasaSugar

Nicolas Cage's Real Estate Roller-Coaster Ride

CasaSugar — Mon, 15 Dec 2008 12:00:22 -0800

Some people needlepoint, some play golf, and others shoot clay pigeons. Nicolas Cage, though, has made a hobby of snatching up and selling real estate as fast as you can say Ridgemont High. In other words, he likes to make my job easy (or hell). Need a news story? Let's see what Nic Cage is up to these days . . . I can't attempt to keep track of Cage's entire real estate portfolio; it's always in flux. But I try to stay on top of it as the tress-challenged actor buys and sells home. To take a look at Cage's real estate goings-on this year, check out this slideshow. Source

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This Just In: Nicolas Cage Folds

CasaSugar — Wed, 05 Nov 2008 05:30:34 -0800

Serial real estate snatcher Nicolas Cage has listed his 45-acre undeveloped property in the Exuma Island Chain of the Bahamas for $7 million, according to Real Estalker. The property description reads:

This exceptional private island is quite simply one of the most beautiful islands in the Exumas. Easily accessed, the island is located between Lee Stocking Island and Norman’s Pond Cay and near to all amenities. This splendid 45-acre island enjoys beautiful beaches on the northeast side, a sandy beach with a well-protected cove on the western tip, and glistening crystalline waters. Excellent fishing and sheltered anchorage.

I don't know what the heck is going on with Cage's financial situation, but something is up. Cage has listed four properties since July alone, this one making the total five. Considering that Bangkok Dangerous's meek earnings barely cover the cost of this property, maybe Cage's hairline isn't the only thing that's receding.
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This Just In: Nicolas Cage Lists Two New Orleans Properties

CasaSugar — Tue, 04 Nov 2008 08:30:36 -0800

Prolific real estate investor Nicolas Cage is on the loose on a wild selling spree. Cage has already put his Las Vegas, Bel-Air, and Rhode Island properties on the market, and today we have news that he's listed his two properties in New Orleans. According to WDSU and Real Estalker, Cage has listed his historical property (shown right) in New Orleans's French Quarter, the most haunted home in the neighborhood, in addition to a Garden District mansion. The haunted home, known as the LaLaurie House (which I wrote about here), is listed for $3.9 million, $400,000 more than he paid for it in April 2007. To hear about the other property and see photos, read more.

The listing for Cage's 13,176-square-foot, six-bedroom, five-full-and-two-half-bath Garden District mansion, which was once an active Catholic chapel, reads:

The most superlative of Garden District mansions with the best of every amenity. Ample room for a large family and big-time entertainment venue with formal gardens, parking, and everything anyone could possibly want in a most grand of grand, star-quality home.

It also features a pool and central air, which are ideal for the broiling NOLA heat. If the house looks familiar, it's probably because I quizzed you on the owner of it once, as it was once owned by gothic novelist Anne Rice. I've passed by the property hundreds of times myself and I can tell you it's an idyllic example of New Orleans architecture; I'd love to see interior photos.

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This Just In: Nic Cage Lists a Historic Rhode Island Estate

CasaSugar — Fri, 24 Oct 2008 08:30:52 -0700

Real estate hobbyist Nicolas Cage is at it again. The actor has listed a historic 24,664-square-foot, 12-bedroom, 10-full-and-3-half-bath estate in Newport, RI, for $15.9 million, according to Real Estalker. Cage purchased the monumental English manor-style estate just last year for $15.7 million. It's unclear whether he purchased the property furnished, but it seems furnishing the sprawling home alone would cost much more than the $200,000 raise in price. To see dozens of gorgeous interior and exterior photos, and read the property description, read more.

The property description reads:

Built in the tradition of the great English country manors, Gray Craig is an example of a sprawling estate in perfect proportion to its natural surroundings. The setting for this remarkable home is stunning, 26+acres of lush landscape, dramatically extending to Nelson Pond and continuing with outstanding views of the Atlantic Ocean beyond.

Of the finest structural design, built of textured brick and stone, it spreads between its flanking wings a towering slope of roof. Proportion is the good breeding of architecture, and this expanse of space and unity with the land express the power of design.

The grand hallway with sweeping staircase and the charming effects of hand painted murals are an example of repose and distinction. The library is perhaps the most impressive single room with its soaring barrel-vaulted ceiling. The sense of living space and the feeling of welcome and comfort in an elaborate manner also invites one into other richly detailed rooms including 12 bedrooms, 10 full and 3 half baths, a spacious formal living room with sweeping water views, vintage conservatory, billiard room, and a gourmet kitchen with stone fireplace, custom hickory cabinetry, and antique terra cotta floor tiles.

A perfect setting for lavish entertainment and a quiet country retreat for peaceful reflections. Set in the charming coastal community of Newport County, a haven of solace and privacy just two miles from the bustling Newport Harbor waterfront.

Are you a fan of this style of architecture? Or is it too traditional for your tastes? Take a look at the gallery and let me know. To read a detailed history of the historic home, go here.

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Source

On The Market: Nicolas Cage Relists Bel Air Manse

CasaSugar — Mon, 08 Sep 2008 15:00:51 -0700

Nicholas Cage is one busy real estate hobbyist. Having put his Vegas manse on the market in July, he's now relisting his sprawling Bel Air mansion. Previously owned by such legends as Tom Jones and Dean Martin, Cage bought the mansion from Jones in 1998 for $6.49 million. I'm not exactly sure what huge changes Cage has made to the place, but they've got to be extensive to justify the initial asking price of $35 million. To get the details on this Bel Air English manor-style mansion, read more.

The nine-bedroom, nine-bath, 11,817 square-foot mansion, which is now back on the market at a reduced asking price of $29.99 million, features a wine cellar, Olympic-sized pool, and a theater. Cage, who owns properties across the world, piqued my interest last year with his purchase of a haunted NOLA house.
Source

This Just In: Nic Cage Is Leaving Las Vegas

CasaSugar — Mon, 21 Jul 2008 04:30:30 -0700

Nicolas Cage has put his whopping, 14,306-square-foot, 7-bedroom, 8-bath Las Vegas home on the market for $9,950,000. The listing for the property reads:

Incredible new custom home with outstanding vistas of the Las Vegas Valley and mountains. With over 14,000 square feet of fabulous structure, this magnificent mansion features Crema Marfil slab marble floors with exquisite details, gourmet kitchen with professional appliances, huge great room with surround sound, theater room with built-ins, commercial elevator to all three floors, game room, work out room, 3 fireplaces, and 16-car garage.

Sounds pretty fabulous to me! I've written about Nicolas Cage before, and how he's known for purchasing homes throughout the country as investments. So, there's no telling whether Cage actually lives in this manse. But, if you happen to be a member of the Brady Bunch and have a need for eight bathrooms, and you've got $10 mill. to spare, maybe you can!
Source

Nicolas Cage Owns a Haunted House

CasaSugar — Wed, 07 Nov 2007 06:00:12 -0800

Now that we've "fallen back" into the dark, I thought I'd share some grim celebrity trivia with you. While flipping through a photo gallery of haunted "murder" houses at This Old House, I learned that Nicolas Cage is the proud owner of the most haunted house in New Orleans' French Quarter, which he bought for nearly $3.5 million. The house was built in 1832 for Dr. Louis Lalaurie and his sadistic wife, Delphine, who legend has it, violently tortured and murdered hundreds of slaves within the house.

As for the hauntings, there were many reports of paranormal experiences between 1837 and 1932 in the house. In 1920, one resident reported: "There were no other families living here and one night, on the third floor, I saw a man walking carrying his head on his arm." In 1932, the house was being used as a furniture store, and it was reported that the owner "first suspected vandals when all of his merchandise was ruined several times, covered with a foul liquid filth. The owner waited one night with a shotgun, hoping to catch the vandals in the act. When dawn came, the furniture was once again ruined. He closed the place down shortly thereafter."

If you're not easily spooked, read more

While this history alone would prevent me from looking into this real estate, I think that this next fact would deter nearly everyone from buying the property: According to This Old House, "More recently, human remains dating back to the 19th century have been found in the home's floorboards." Maybe that explains Cage's permanently sullen expression.

Actually, Cage has made a habit of purchasing historical homes throughout the country and added this one to his stable in April. He reportedly has many real estate holdings, which he purchases through his trust, Hancock Park Real Estate Company L.L.C., to avoid media attention. His other addresses include a house in New Orleans' Garden District, a historical mansion in San Francisco's Russian Hill, two houses in Las Vegas, multiple properties in LA, and at least one place in NY. Ahhh to be a Coppola...

Source

Nicolas Cage Lists Two New Orleans Properties

CasaSugar — Mon, 03 Nov 2008 10:51:36 -0800

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Nicolas Cage Flips a Historic Rhode Island Estate

CasaSugar — Thu, 23 Oct 2008 10:29:44 -0700

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Sandra Bullock and Jesse James Buy a Historic New Orleans Victorian

CasaSugar — Tue, 01 Sep 2009 11:00:25 -0700

From Angelina and Brad Pitt to Nicolas Cage, New Orleans is becoming a popular place for celebs to settle, the latest transfers being Sandra Bullock and Jesse James. The pair quietly snatched up a historic Victorian home in New Orleans's Garden District for $2.25 million back in June. The 6,615-square-foot, five-bedroom, 4.5-bath home, known as the Koch-Mays house, was built sometime between 1860 and 1870. It retains many original Victorian design details, including ornately carved marble mantels, carved columns, large plaster medallions, shadow molding, and beautiful ornamental cast ironwork on its exterior. It's no surprise Bullock looked for historical details when doing her real estate shopping: the French Southern bistro she owns and designed in Austin, Bess Bistro, is in a historic building with tin ceilings and hand-painted floors. And although Austin won't be a far trip for the couple, they're guaranteed to find a good Creole shrimp meal in NOLA. See interior photos when you read more.

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Source: Flickr User alykat