Nicolas Cage Says He Is 'A Little Bit Homeless' After Sinkhole Damaged Malibu Home

Hollywood star Nicolas Cage recently found himself facing an unusual and disruptive housing crisis after a massive sinkhole severely damaged his multi-million-dollar Malibu mansion. Speaking to media outlets including The Hollywood Reporter, Los Angeles Times, and NBC News, the actor humorously described himself as ‘a little bit homeless’ while recounting the dramatic ordeal caused by the geological hazard.

The 30-foot sinkhole wreaked havoc on the property, which was valued at approximately $10.5 million, rendering the residence unsafe and forcing the actor to seek alternative living arrangements. Engineering experts and local authorities were called in to assess the extensive structural damage and determine what stabilization measures could be taken to prevent further collapse along the affected coastline.

Despite the shock of losing access to his residence, Cage appeared to take the situation in stride, maintaining his characteristic humor during interviews about the incident. Real estate and insurance specialists noted that property damage of this scale in exclusive coastal areas highlights the unpredictable risks homeowners face, even those with significant financial resources. For now, the actor remains displaced as engineers work to evaluate the feasibility of repairing the heavily impacted estate.

Sources: The Hollywood Reporter

Aggregated summary. Original: The Hollywood Reporter