No Buyers at Foreclosure Auction of Nicolas Cage’s 12,000 Square Foot Bel Air Home

Actor Nicolas Cage has been in the news lately for money problems.  His Bel Air, California, mansion a 11,817-square-foot six bedroom, nine bath home went to foreclosure auction, but nobody bid except the lienholder.   The minimum bid was $10.4 million for a house Cage tried to sell for $35 million.  Even at the “bargain” price of $10.4, there were no takers.  The lender purchased the home at with a credit bid and is the new owner.

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