Sunday, July 20, 2008
Nicolas Cage Lists Vegas House
Nicolas Cage could be leaving Las Vegas.
Marin County, Calif., estate Locksley HallThe "National Treasure" star is asking $9.95 million for a 14,000-square-foot home there with garage parking for 16 cars, real-estate records and listing information show. The home has been on the market since late fall, but Mr. Cage's ownership wasn't disclosed.
On a lot of 0.36 acre, the seven-bedroom house was built in 2003 and has a pool. The home has views of the Las Vegas Strip and includes a movie theater and an elevator, according to the listing. Mr. Cage bought the property in 2006 for $8.5 million, records show, and purchased a house nearby on the same street for $2.25 million. He sold that smaller home last year for $2.3 million.
The actor, who won an Oscar for the 1995 drama "Leaving Las Vegas," has in recent years bought and sold houses all over the world including San Francisco, New Orleans, Middletown, R.I., and Bath, England. Last year, Mr. Cage found an intruder in his main residence in Newport Beach, Calif. In January, he sold the house for $35 million, an area record. He couldn't be reached for comment. Robert Sibulkin, of Re/Max Benchmark Realty, has the listing.
Aerosmith's Kramer Asks $5 Million
Aerosmith drummer Joey Kramer has listed his home on the South Shore of Massachusetts for $5 million.
The house is in Marshfield Hills, Mass., a coastal hamlet about 20 miles south of Boston. Mr. Kramer, 58 years old, and his wife, April, purchased the 17-acre property in two transactions and in 2003 replaced the existing house with one of their design, says the home's co-listing agent Terry Boyle, of LandVest.
The shingle-style home of 6,200 square feet has a recording studio, a pool, a guest house and three standalone garages for Mr. Kramer's car collection (he also is a partner in a specialty auto dealership). The house overlooks the Atlantic Ocean and the North River.
Bandmate Brad Whitford sold his home on the same street in 2006 for $3 million. Mr. Kramer is already living in another home in the area, Mr. Boyle said. LandVest's Jerome Heller has the listing.
Deal for $65 Million Collapses in California
A Marin County, Calif., estate that was in contract for $65 million is back on the market at an unchanged price, making it one of the most expensive houses ever for sale in the Bay area.
On a crest overlooking the San Francisco Bay on Belvedere Island, the 1895 home is owned by mining mogul Robert Friedland, of Vancouver-based Ivanhoe Mines, and his wife, Darlene. They bought the home, officially in the name of a company she owns, in 1995 for $5.5 million and spent more than $30 million rebuilding it over nine years. Known as Locksley Hall, the 12,000-square-foot mansion has a pool and staff quarters, all on one acre.
Listing agent Olivia Hsu Decker, of Decker Bullock Sotheby's International Realty, says the previous contract fell through because the buyer, a European investment fund, decided to wait out the market.
"A lot of people are thinking that prices will drop and don't want to buy. But a lot of foreigners are buying," says Ms. Decker, who is planning a six-day California event in September for non-U.S. home buyers including tickets to a San Francisco Symphony gala, wine-country tastings and tours of the homes for sale, including Locksley Hall.
Write to Christina S.N. Lewis at christina.lewis@wsj.com
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