By William Stolerman
Nicolas Cage’s Rhode Island home has been slashed in price again, having plummeted from a high of $19 million in 2005 to $7.75 million today.
Bought by the actor for $15.7 million in 2007, the home sits on 27 acres of land extending to Nelson Pond and offers views of the Atlantic Ocean.
Spanning 12 bedrooms, features include a pool, tennis court, fish pond, heated garages, a library with a barrel-vaulted ceiling, a formal living room with water views, dining room, vintage conservatory and billiard room.
Over the last few years Cage has lost tens of millions of pounds on the property market.
Via [luxist]
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