Nicolas Cage Sells One, Many More To Go, Estate of the Day

by Deidre Woollard (RSS feed)
Apr 3rd 2009 at 1:02PM

The real estate habits of Nicolas Cage are legendary. He does more buying and selling in a year or two than most of us could do in a lifetime. In the U.S. he currently has three properties on the market but overseas he's just sold one of his many homes. Cage bought the 11th-century Schloss Neidstein in 2006 for $2.3 million back in July 2006. It is believed that he spent millions in renovations on the 10-bedroom property which is on a hill and overlooks more than 395 acres of forest and meadows. But after all that work, Cage did what he always does, he moved on. The Telegraph says that Cage spent only one night in the castle.

Cage has a variety of properties up for sale from a $7 million island in the Bahamas to homes in Nevada, California, Rhode Island and Louisiana. While I've covered the other three, I haven't given the New Orleans, Louisiana house estate-of-the-day treatment yet. It seems a grave mistake on my part because it's quite lovely. The Garden District home has six bedrooms and grounds that include a heated pool and statuary. Inside the home's graceful lines, marble fireplaces, plasterwork, stained glass and curved staircase are elegantly preserved. The kitchen seems to be an overly modern off note but otherwise the home is beautiful and the rooms done in shades of periwinkle and pale blue are particularly winning. Cage bought in 2005 for $3.45 million and this home is now listed at $3.7 million.

UPDATE: This home is now listed at $3.45 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

[Thanks, Lana!]

Gallery: Nicolas Cage at Gray Craig

Gallery: Nicolas Cage in Bel Air

Gallery: Nicolas Cage in Las Vegas

Gallery: Nicolas Cage in New Orleans

Tags: bavaria, castle, estate of the day, EstateOfTheDay, germany, louisiana, new orleans, NewOrleans, nicolas cage, NicolasCage

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 1 of 1)

DJ Apr 3rd 2009 6:06PM

Beautiful home, beautifully decorated. However, there is one giant wart. The flat screen TV above the fireplace in the parlor sticks out like a sore thumb. There are so many methods and products available to hide or blend the set into the wall. I am really surprised Nick's decorator didn't do that.

helpothers Apr 7th 2009 12:12PM

Nick always buys / sells homes , writeoffs , or else he would be taxed to death . I feel mansions are overrated and overpriced , waste of space , property tax is to high . You can live in a comfortable 7,000 sq home for alot less . Celebrities buy these manisons to impress there family , friends , etccc .
Many celebrities doesn't use there common sense.
If they want to do anything right ......Spend $5 million dollars and help those who needs there mortgages paid off , there's millions of people out there .
$5 million will NOT hurt to help those who's in need. Average homes $200,000 - $500,000 and sometimes less amounts .
I helped my family and friends , and I'm not as rich as the celebrities are . Directly help , not donate to a organization , because you've no clue what they will do with the money , or many stick the money in there pocket , and make celebrities think organization really helped , when they didnt.

Diane Apr 25th 2009 10:12AM

You are so so right about donations to organizations ie. so called "charities" who ask and receive thousands in donations much of which is kept and spent by the director who is never monitored and gets away with it completely. I know because I worked for one in Mass. whose board of directors seated former governor Michael Dukakis. The director there pocketed all the donations meant for blind disabled people and last I heard never got caught.
Much better to donate by building something or buying stuff for whatever the charity represents instead of cash.

sandy Apr 28th 2009 10:23AM

The death of the soul, pure greed! there is no earthly reason for anyone to have even one of these mansions. This is where all the money goes, over paying someone to "act". So, they are in the movies, big deal. Just like athletes are so over paid it's crazy. I too agree with them donating money to good causes instead of investing in property. Still a tax write off instead of being a show off. I do like him alot, but didn't know he was so dumb.

Judy Apr 28th 2009 2:21PM

Pure, unadulturated greed; the high of narcicism. If Cage only gave what ONE home is worth to people who are losing their homes in the US, it at least would amount to something. It is sad how some people can never be satiated with "things." There obviously is something wrong with his sense of well-being if this is what he has to do with his money. Judy