Former San Francisco home of actor Nicolas Cage for sale for £11.4 million or 660% more than it sold for in 1996
Thrice married and an Academy Award winning actor Nicolas Cage is also known for lavish spending. Aside from once buying twenty-two cars in one hit – including a “squadron” of nine Rolls-Royce – he “wound up” owning fifteen personal residences in 2007 and now one of them is for sale for £11.4 million.
898 Francisco Street in San Francisco’s Russian Hill neighbourhood was purchased by a trust connected to Cage in 2006 for £6.9 million and sold by him in 2008 at a loss for £6.3 million. It was built in Gothic Tudor style in 1914, extends to 6,305 square foot and is spread over four floors.
Featuring 4 reception rooms, 6 bedrooms and 7 bathrooms, the house also has a 2-car garage and enjoys views of the Golden Gate Bridge, Alcatraz and the Bay Area. It has a garden to the rear and is adjoined by a further adjacent plot on Hyde Street that has potential for a further residence.
Debi Dicello of Sotheby’s International Realty has the listing and seeks either a total of £11.4 million for the entire property or £8.8 million for the main house and £2.6 million for the adjacent 40-foot by 60-foot lot.
898 Francisco Street – The Numbers
2017 – £8.8 million ($12 million, €10 million or درهم44.1 million) for the main house plus £2.6 million ($3.5million, €2.9 million or درهم12.9 million) for the adjoining plot.
2008 – Sold for £6.3 million ($8.5 million, €7.1 million or درهم31.2 million).
2006 – Bought by a trust connected to Nicolas Cage for £6.9 million ($9.4 million, €7.9 million or درهم34.5 million).
1996 – Sold for £1.5 million ($2 million, €1.7 million or درهم7.4 million).