has slashed the value of his Hollywood mansion - relisting the property at half of his original $35 million asking price.
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)