Another Nicolas Cage foreclosed home pending sale

Nicolas Cage’s now well known financial troubles continue to roll. Most of his real estate assets are being put up for sale by Citibank from failure to pay mortgages.

Now he has property in the Hancock Park community of LA on the selling block. Purchased for a whopping $2.7M in 2001, the estate was supposed to his loveshack for himself and then girlfriend Christina Fulton, also mother of his son. Well, that relationship fizzled, she’s now engaged to crazy rocker Stian Thoresen. His real estate portfolio took a serious beating and this particular home had to foreclose for a measly, less than profitable $2.9M on March 8, 2011. It’s now back on the selling block with a sale pending.

Situated in a nice, gated community, this two-story wannabe mansion covers 0.77 acres in a nice corner lot and has some serious amenities. Decked out with seven bedrooms and five bathrooms for a total of 6,312 square footage. Oh, but there’s more!

This classic 2 story home features high pitched roof, porte cochere, turrets, huge upstairs covered balcony, covered parking for 4 cars, 4 fireplaces, detached garage, apx. 800 sq. ft. guest unit adjacent to swimmers pool, mature landscape, an apx. 500 square foot gym-rec room added in ’05, hardwood flooring throughout living areas, upstairs center hall overlooking 2 story formal entry, original moldings, panelling, trim, windows, island kitchen, breakfast room, formal dining, library, maids, media, family room, walk-ins, and more!

Happy buying!