Why Nicolas Cage Left His $25 Million Home In Newport Beach, California For Las Vegas

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Nicolas Cage is known for three things: his unique acting method, countless short-term marriages, and his many expensive (mostly bizarre) purchases — including a $25 million home in Newport Beach, California, which he gave up for Las Vegas.


Here’s the story behind his relocation.

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Why Did Nicolas Cage Sell His Home In Newport Beach?

In 2005, Cage bought a 0.6-acre property in Newport Beach. According to The Wall Street Journal, it is a contemporary house with a view of Newport Bay’s main turning basin. “It has a stone loggia with retractable glass doors,” wrote Christina S.N. Lewis. “The dock, if expanded, could accommodate boats of more than 150 feet. It’s next door to the former home of John Wayne.”

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The magazine also reported that an intrusion prompted the Face/Off star to sell his Newport Bay mansion for a record-breaking $35 million in 2007. It was bought by then-70-year-old, Jerry Herbst, owner of Terrible Herbst. It runs gas stations and other retail businesses in Vegas and is known for its “Bad Guy” cowboy logo.

​​​Right after the incident, Cage moved to his gated Bel-Air home in Los Angeles and took that property off the market. It was listed for $35 million and was previously owned by Dean Martin and Tom Jones.

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Why Did Nicolas Cage Move To Las Vegas?

In April 2022, Cage admitted on Jimmy Kimmel Live! that he originally moved to Vegas for tax reasons but “then [he] learned to love it.” He also said: “Vegas has been good to me, it really has. It’s both a small town and a big city. It’s probably one of the most unique addresses. If you want to go to the strip and participate you can. If you want to just go with the locals and go to the cool restaurants then you can.”

He added that he once planned on building an $80 million studio in Vegas, but Elon Musk kinda stopped it from happening. “I’ve had great experiences making movies there. Leaving Las Vegas was great. Honeymoon in Vegas is great. I’ve got good mojo there,” Cage explained. “I tried to get a movie studio built there and then Elon Musk came in, and all the money I got for the movie studio — I got $80 million — they put into the Tesla corporation, which then ironically drained all of the water out of the city. But I almost got it, I almost got a movie studio.”

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Nicolas Cage’s Move To Las Vegas ‘Saved’ Him

In his April 2022 cover story in GQ, Cage opened up about his relocation, saying: “In some ways, this move saved me.” The actor lives 15 minutes from the Las Vegas Strip, in a home situated in “a tranquil gated community, up a red-brick driveway, past the palm trees that touch the Mojave Desert sky.”

The National Treasure star also has a Maine Coon named Merlin. “He’s so kind and so loving,” he said of his pet. “Sometimes he puts his arm around me when he’s sleeping, and I think it’s my wife, and I go, ‘Oh, Riko.’ And then it’s Merlin.”

At the time, Cage’s fifth wife Riko Shibata was still pregnant with their newborn daughter, August Francesca Coppola Cage. “Augie was my father’s nickname. And my uncle [Francis Ford Coppola who] has decided to change his name to Francesco” the Oscar winner said of the baby’s name back then. He also showed off his baby’s two-mount ultrasound and said: “I think it’s so sweet. It’s like a little edamame. A little bean.”

On September 7, 2022, the couple’s publicist told People that the two had just welcomed their first child together. “Nicolas and Riko are happy to announce the birth of their daughter,” read the statement. “Mother and daughter are doing fine.” Early this year, during a visit to The Kelly Clarkson Show, Cage announced: “I’m gonna announce some big news for everyone. I am gonna have a little girl,” adding: “It’s going to be the biggest adventure of my life.”