Nicolas Cage says he is ‘homeless’ after sinkhole damages his Malibu mansion

NewsentertainmentenglishhollywoodNicolas Cage says he is ‘homeless’ after massive sinkhole damages his $10.5 million Malibu mansion, forcing him to live in hotels; reveals how it affected Halloween plans with daughter August Nicolas Cage says he is ‘homeless’ after massive sinkhole damages his $10.5 million Malibu mansion, forcing him to live in hotels; reveals how it affected Halloween plans with daughter August TOI Entertainment Desk / etimes.in / Nov 03, 2026, 22:01 IST Nicolas Cage's $10.5 million beachfront property was affected by severe coastal erosion.

(Photo: AP) Hollywood actor Nicolas Cage has revealed that he is temporarily without a home after a massive sinkhole appeared near his Malibu mansion, forcing him to stay in hotels. The 62-year-old actor opened up about his unusual living situation during an appearance at the Los Angeles Comic Con, where he also spoke about his Halloween plans with his young daughter.Speaking to the audience, Cage said, “I’m currently a little bit homeless.

Something happened to my house in Malibu, so I’m just sort of living in hotels.” The actor added that his current circumstances meant he would not be able to enjoy Halloween with the usual trick-or-treaters at his home.Nicolas Cage’s Malibu mansion affected by massive sinkhole ">Nicolas Cage says he is temporarily homeless after a massive sinkhole damaged his Malibu mansion.

(Photo: AP) The damage was not limited to Cage's property. According to a statement from the City of Malibu, 31 properties in the neighbourhood were declared unsafe because emergency services could no longer access the area adequately.The city explained that the collapse of a beachfront driveway had extended into the roadway, blocking access for residents as well as fire and law enforcement personnel responding to emergencies.Nicolas Cage shares how sinkhole affected his Halloween plans Cage also spoke about how his temporary living arrangements affected his Halloween celebrations with his four-year-old daughter, August, whom he shares with his wife, Riko Shibata.The actor said he had planned to take her trick-or-treating in Santa Monica rather than welcome children to his Malibu home.

He also revealed that he intended to watch Stanley Kubrick's psychological horror classic The Shining after putting his daughter to bed.Cage has three children. Apart from August, he is also father to sons Kal-El, 21, whom he shares with his former wife Alice Kim, and Weston, 35, from his relationship with Christina Fulton.What happened to Nicolas Cage's $10.5 million Malibu mansion?

">Nicolas Cage revealed that he has been staying in hotels following the damage to his home. (Photo: AP) Cage purchased the four-storey beachfront property in 2024 for approximately $10.5 million. The residence, located on Sea Level Drive, boasts stunning ocean views and several luxury features.However, the property was affected when a massive sinkhole opened up on September 8, following severe coastal erosion and powerful waves along Southern California's coastline.

According to the Los Angeles Times, the hole was approximately 25 feet deep and expanded to around 30 by 60 feet, swallowing the driveway and making the adjoining road impassable.The incident also affected essential infrastructure in the neighbourhood.

A gas leak was reported following the collapse, prompting authorities to shut off the gas supply. Emergency evacuation orders were issued for 31 properties, with officials warning that the damaged roadway had restricted access for fire and sheriff's department personnel.The Los Angeles Times further reported that Cage had obtained permits for repair-related work, including debris removal, soil sampling and preparations to protect the property from further erosion.

However, the timeline for completing the repairs and allowing residents to return remained uncertain.Nicolas Cage's extravagant property portfolio Cage has owned several lavish properties over the years, reflecting the fortune he accumulated through his successful Hollywood career.

At one point, his real estate portfolio reportedly included 15 residences, among them a waterfront property in Newport Beach, a mansion in New Orleans and two European castles.His extravagant purchases have also attracted attention over the years.

The actor famously bought a rare Superman comic book featuring the superhero's first appearance for more than $100,000. The collectible was later stolen from his home, recovered and eventually sold for over $1.6 million.He also purchased an island in the Bahamas in 2006 and once owned Midford Castle in Somerset, England.

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