| QUICK ANSWER Nicolas Cage bought a beachfront mansion on Sea Level Drive in Malibu, California, in 2024 for $10.5 million. The four-level home has ocean views, a rooftop deck and its own private beach. In September 2026, a huge sinkhole opened right outside the property and badly damaged it, leaving Cage living in hotels while repairs get sorted. |
Where Is Nicolas Cage’s Malibu Mansion?
Nicolas Cage’s house sits on Sea Level Drive, a quiet stretch of oceanfront road in Malibu. It’s a part of town known for A-list neighbours and sky-high price tags, right on the sand with nothing but the Pacific Ocean in front of it.
The actor bought the property in the summer of 2024, not long after his horror film Longlegs did well at the box office. Good timing, by the sounds of it.
How Much Did Nicolas Cage Pay For The House?
Cage paid $10.5 million for the mansion, buying it from a seller named Lenard Liberman. That works out to around $2,666 per square foot. To put that into some context, that is extremely expensive land to live on the beach in that part of California. Most people in the UK would find that very hard to understand.
It is a great investment for Cage who has been buying and selling luxury houses for over 25 years now, with most of his fans not even being born yet.
What Does The House Actually Look Like?
The mansion covers roughly 4,000 square feet across four levels, and every single one has ocean views. That’s rare, even for Malibu, where plenty of “oceanfront” homes only offer a peek of water from the top floor.
A few standout features, in plain terms:
- A rooftop deck, which is a genuine luxury even by Malibu standards
- Private access to a secluded stretch of beach
- An open floor plan that blends the indoor and outdoor space
- Modern architecture mixed with a relaxed, beach-house feel
In short, it’s the kind of house built for watching the sunset with a drink in hand, not a stuffy mansion full of rules about where you can and can’t sit.
The Sinkhole That Changed Everything
However, things took an unexpected turn in September 2026, when a large sinkhole formed on Sea Level Drive near Cage’s property. After reports of a suspected gas leak, fire crews responded to the area shortly after. When arriving on scene, they discovered that the driveway had collapsed.
This was due to coastal erosion. Over the years the waves and the stormy weather had eroded the land underneath the road and properties. This resulted in the water and gas lines being damaged in the sinkhole. As a result, the gas company had to turn it off.
In addition to Cage’s property, the City of Malibu had to put red tags on dozens of homes on the street. This meant the residents could not enter their homes until it was declared safe.
“Currently Homeless”: Nicolas Cage Speaks Out
A few weeks after the sinkhole, Cage spoke publicly about the damage, telling an audience he was “currently a little bit homeless” because of what happened to the house. He’s been staying in hotels ever since, which is a strange sentence to write about a man who owns a $10.5 million mansion, but there you go.
To his credit, Cage doesn’t seem ready to give up on the place. Reports from October 2026 say he’s already secured several permits to repair and protect the property, which suggests he’s planning to fix it up rather than walk away.
A Quick Look Back: Nicolas Cage’s Other Famous Homes
This isn’t Cage’s first dramatic property story, not by a long way. A quick rundown of his rollercoaster real estate history:
- A Bel Air Tudor mansion, once owned by Dean Martin, which Cage bought for $7 million and later tried to sell for $35 million
- A 24,000-square-foot estate in Middleton, Rhode Island, bought for $15.7 million in 2007 and sold years later at a big loss
- Several properties lost to foreclosure during a rough financial patch in the late 2000s, including homes in New Orleans and Bel Air
Cage has openly talked about his love of buying unusual property over the years, from castles to islands. The Malibu mansion is simply the latest chapter in a very long book.
Quick Answers
Where does Nicolas Cage live now?
He’s staying in hotels while his Malibu mansion, damaged by a sinkhole, gets repaired.
How much is Nicolas Cage’s Malibu house worth?
He bought it for $10.5 million in 2024. Its current value will depend on how badly the erosion damage affects the property long-term.
What caused the sinkhole near Cage’s house?
Coastal erosion along Sea Level Drive wore away the ground beneath the road and nearby properties, which eventually caused the driveway and road to collapse.
Is Nicolas Cage’s house still standing?
Yes, the home is still standing but was badly damaged. Cage has pulled permits to repair and protect it.
Final Thought
Nicolas Cage’s lavish Malibu home features ocean vistas from four levels, a terrace on the roof and its own private sandy beach. But the actor has been reminded that even million pound plus properties are vulnerable to nature. Coastal erosion has no regard for fame and Nicolas is currently learning this the hard way.
Resource Links (Used for Research)
- The Hollywood Reporter — https://www.hollywoodreporter.com/news/local-news/nicolas-cage-malibu-home-damaged-sinkhole-coastal-erosion-1236694892/
- Yahoo Entertainment — https://www.yahoo.com/entertainment/celebrity/articles/nicolas-cage-says-hes-currently-030750894.html
- Traded.co (property record) — https://traded.co/deals/california/single-family/sale/31630-sea-level-drive/
