Cage's new beachfront mansion in Malibu, secured at $10.5 million, offers an exclusive ocean-view experience in a neighborhood with A-list neighbors, enhancing his status.
Nicolas Cage's latest film venture, "Longlegs," became the highest-grossing independent film this year, grossing $100 million, reflecting his continued success in Hollywood.
The Malibu property, purchased through a trust, is noted for its stunning ocean view and secluded beach, fitting Cage's desire for a Pacific retreat.
The property had fluctuated in price since 2022, originally listed at $17.9 million, yet Cage successfully acquired it well below the initial asking price.
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