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Nicolas Cage Reduces Price Of Mansion For Sale By $17.5 Million

July 28th, 2009 2:09pm EDT favorite Add to My News
Nicolas CageNicolas Cage has slashed the value of his Hollywood mansion - relisting the property at half of his original $35 million asking price.

The Knowing star first put his Bel Air home on the market in 2007, but the house failed to attract potential buyers with its hefty price tag.

Two years on, Cage is still struggling to off-load the estate formerly owned by Dean Martin and singer Tom Jones - so he's revalued it at $17.5 million, according to RadarOnline.com.


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(This news article provided by World Entertainment News Network)





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