A 320-acre ranch in Malibu that was once owned by the 'Face Off' actor, Nicolas Cage has reportedly sold for $6.3 million, according to some media reports.
Cage purchased the ranch in 2000 for $10.3 million. He first tried to unload it for $23 million but ended up selling it for a lot lesser. While the exact price of the ranch remains a mystery, the buyer is also unknown. However, according to Trulia, this time, the seller of the ranch was designer Masud Sarshar. The property could have traded hands in between, but intel on the transactions were quite scarce.
The large ranch is a beautiful parcel of land surrounded by natural flora. The property has 1,080 square feet, two bed-two bath single family residence and a huge horse and cattle ranch as well.
The official website of the ranch describes it as:
3200 Encinal Canyon Road is an expansive and unique spread of land just minutes off the winding Pacific Coast Highway. The 320 acres is filled with unique topography, lakes, cattle and horses. The property host numerous panoramic viewpoints. To the Northwest are expansive views of the Boney Ridge which glows in the sunset light. To the South are spectacular views of the Pacific Ocean, Point Dune, and off shore islands.
You can also check out a flipbook of the beautiful ranch, here.
Cage wound up in some serious tax troubles for his voracious spending. At one point of time the 'National Treasure' hero owned around 15 properties around the world. He currently owns a personal island in Bahamas, homes in Rhode Island and Germany and also a 'haunted estate' in New Orleans (that must be the 'Ghost Rider' effect).
While his financial statements are now coming back to stable, news broke out that some illicit pictures of Cage and ex-girlfriend Christina Fulton indulging in some 'love-making' had been stolen from Fulton's home by handyman Ricardo Orzoco.
The police have arrested Orzoco, who also stole a computer from the home. Officials haven't found the pictures yet and are reportedly still looking for them. However, Cage said that those kind of photos don't even exist, reports Daily Mail.
