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(ANI): Hollywood actor Nicolas Cage has finally found a buyer for
his Bel Air mansion in Los Angeles. The property has reportedly
sold for a fraction of his original asking price. The 'Conair" star
had first put the home, which once belonged to Tom Jones and Dean
Martin, on the market in 2007 with a massive 23.3 million pounds
However, after 12 months, he dropped the price to 11.7 million
pounds and later set up a silent auction, with bids starting at 6.6
million pounds - 28 per cent of the original asking price.
According to property website LA.Curbed.com, the actor has finally
accepted an offer for the mansion, said to be between 6.6 million
pounds and 10 million pounds, reports Daily Express.
The star is said to be reassessing his finances so he can pay
off a string of tax bills dating back to 1997.