In July 2005, actor Nicolas Cage paid $25 million for a Newport Beach mansion overlooking the heart of Newport Bay. Just over two years later, he sold it for $35 million – the highest price ever paid for a single home in Orange County.
The property is now owned by Las Vegas casino and gas station chain owner Jerry Herbst and has been for sale for about a year. Current asking price: $28.5 million.
More amazing pics of the house here.
any comment on
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your friend bob is quoted liberally.
Where's the peek inside?
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