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Financially troubled actor Nicolas Cage’s 1913 cottage — just steps from the Newport Pier on the Balboa Peninsula — has been pulled off the market after he dropped the price three times, down from $1.9 million to $995,000.
Cage’s real estate trust paid $1.7 million for the home in December 2006, county records show.
The most recent price cut occurred Nov. 12, according to Redfin. Less than one week later, however, one of the home’s listing agents said that the house was off the market because it had been rented out. A neighbor said the home was still vacant on Wednesday.
click to enlarge
The actor’s late father, literature professor August Coppola, had been living in the home. Coppola, brother of “Godfather” director Francis Ford Coppola, died three weeks ago in Newport Beach of a heart attack. The home’s neighbor said he moved out sometime since the house went on the market in July.
According to the property listing, the one-story cottage, located about six doors from the sand, has 1,500 square feet, with three bedrooms, three bathrooms, “high-vaulted ceilings, a granite kitchen with maple cabinetry, all the best appliances … beautifully tiled bathrooms, attached to each of the three bedrooms (and) bamboo and tile flooring throughout.”
The front porch is adorned with saloon-style doors, stain-glass with artificial bunches of grapes suspended from the rafters.
- Click on photos above to enlarge. For interior photos, CLICK HERE!
The listing described the home this way:
