Nicolas Cage is facing another painful property setback after a massive sinkhole tore through the driveway of his multimillion-dollar Malibu mansion – years after the Hollywood star rebuilt his finances following a spectacular real-estate-fueled collapse.
Cage, 62, bought the four-level oceanfront property for $10.5 million in 2024 – but its driveway collapsed early Tuesday, September 8, as coastal erosion ruptured water and gas lines and Hurricane Marie threatened Southern California with high tides and rain.
A source familiar with the situation exclusively told THE VAULT: