Nicolas Cage Says He’s ‘Currently Homeless’ — A 25-Foot Sinkhole Swallowed the Driveway of His $10.5 Million Malibu Mansion

Only in Hollywood can a man own a $10.5 million beach mansion and still not have a house to go home to.
Story: Entertainment Weekly and Page Six reporting from L.A. Comic Con, via Complex.
Nicolas Cage, 62, sat on a panel at Los Angeles Comic Con on Saturday, October 31 — Halloween, of all days — and when the conversation turned to his Halloween plans, he gave the most Nicolas Cage answer possible: “I’m currently a little bit homeless.” He explained it plainly: “Something happened to my house in Malibu so I’m just sort of living in hotels, so I don’t have normal trick-or-treaters I would like to enjoy tonight.” No trick-or-treaters at the Cage house this year. Instead, he took his 4-year-old daughter, August, trick-or-treating in Santa Monica, with plans to close out the night watching The Shining. Even homeless, the man keeps it on brand.
So what actually happened to the house? On September 8, a massive sinkhole opened up on Sea Level Drive in Malibu — right in the driveway of Cage’s oceanfront home. It started at around 30 square feet and kept growing, eventually reaching roughly 900 square feet and about 25 feet deep. The hole swallowed his driveway whole, collapsed his deck, and caused a temporary gas leak. The cause is linked to coastal erosion after heavy rain and powerful surf worked over the shoreline. The aerial photo says it all: a giant crater chewed into the street, sitting right up against the house like the earth just decided to move in. Cage, for the record, was not home when it opened.
And here’s the part that makes it bigger than a celebrity story: Cage wasn’t the only one put out. The City of Malibu declared a local emergency, and 31 properties on the street were red-tagged and evacuated. Seven homes were deemed flat-out unsafe to occupy, and the rest lost safe vehicle and emergency access once the roadway collapsed — you can’t stay in a house that fire trucks and ambulances can’t reach. The Red Cross set up a temporary shelter at Malibu High School. Thirty-one households got displaced that week, not just one famous one.
Cage is fighting to save the place. The roughly 4,000-square-foot beachfront home is the one he bought in 2024 for $10.5 million, and since September he has pulled emergency permits to protect what’s left of it — sandbags stacked for wave protection and erosion control, debris removal, soil sampling, and shoring work to keep the property standing. The Los Angeles Times reported in October that he had secured multiple permits tied to the repair and protection effort. What’s not on paper anywhere: a timeline. There is no public word on when — or if — he gets to move back in, so for now, one of the most recognizable actors on the planet is living out of hotels.
Be honest: if the ground opened up under your $10.5 million dream house, would you spend a fortune fighting to save it — or take it as a sign from the universe and walk away?