Nicolas Cage puts local estate for sale
The Newport Daily News, October 21, 2008 by James J Gillis, Daily News Staff Writer
Movie star Nicolas Cage is selling the Gray Craig estate in Middletown for an asking price of 15.9 million.
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Middletown - Nic, we hardly knew ye.
A little more a year after he purchased it, actor Nicolas Cage is selling the Gray Craig estate. Lila Delman Real Estate is listing the estate at $15.9 million, about $200,000 more than he paid for it in August 2007.
The high-end real estate firm's president, Melanie Delman, said the Academy Award- winning actor enjoyed the Newport area, but "unfortunately, his business schedule has not allowed him to spend as much time in Newport as he would like." |
Cage, who lives with his wife, Alice Kim, and son Kal-El (named for Superman), had been expected to use Gray Craig as his primary residence. During his brief time in the area, Cage never appeared at local public events.
But the 44-year-old actor, who has been paid as much as $20 million per film, was spotted eating at places such as Subway on Thames Street and Nikolas Pizza on Memorial Boulevard, both in Newport, and working out at Bridge to Fitness on Aquidneck Avenue. He reportedly was going to enroll his son, whose full name is Kal-El Coppola Cage, at St. Michael's Country Day School in Newport but the boy never attended the school, according to spokeswoman Betsy Walker.
Gray Craig is a 24,000-square-foot brick and stone manor with 12 bedrooms and 10 full bathrooms on 26 acres next to the Norman Bird Sanctuary and features majestic views of Sachuset Beach. In June 2007, town officials were caught off guard when the state approved a helicopter-landing pad on the front lawn of Gray Craig to be used in daytime hours.
While he is leaving Gray Craig, no one needs to worry about Cage's living situation. When he closed on the Middletown estate, it became his 14th home, in the mix with a California beachfront house once owned by screen legend John Wayne.
Cage, who has homes in five countries, bought Gray Craig from Mark and Becky Levin, who bought the property in April 2000 for $10.9 million. The nephew of director Francis Ford Coppola, Cage took his stage name from Marvel Comics character Luke Cage.
Cage won best actor Oscar for his 1995 role in "Leaving Las Vegas" and has starred in films such as "Con Air" and "Face/Off."
Walker said she was unaware that Cage was selling his estate, adding with a chuckle, "It looks like Paradise Avenue is losing some of its panache."
The Newport Daily News, October 22, 2008
James Gillis, Daily News Staff Writer
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