Nicolas Cage slashes value of Hollywood mansion by half

LONDON - Actor Nicolas Cage has lowered the price of his Hollywood mansion to half the amount he first demanded as he is getting no buyers.

The ‘Con Air’ star has reportedly been planning to sell the Bel Air home since 2007.

But buyers seemed to be disinterested due to its hefty price tag of 23.3 million pounds, the Daily Express reports.

Now, two years down the line, the price is reset at 11.67 million pounds, according to RadarOnline.com.

Dean Martin and singer Tom Jones earlier owned the house. (ANI)