The San Francisco mansion once owned by Nicolas Cage is finally pending sale

This Russian Hill abode may have finally found a buyer. In its recent quest to find a buyer, the home was originally listed for sale in February 2017 for $12 million. The price dropped to $11 million later that year and was then removed from the market for most of 2018. It was relisted for $11 million in October 2018 and later had its price slashed yet again on March 4, 2020 to $10 million. The home was listed and removed two more times before its current pending sale price.

In addition to the 1914 home, an adjacent 40×60 ft. lot was also available for sale with the home for $3 million. Listing agent Mark Levinson with Compass declined to comment on whether this was included in the sale and didn’t want to comment further to SFGATE on the pending offer. When SFGATE spoke to Levinson in 2019 , he called the house a “fixer.” “People look at it as a fixer,” said Levinson at the time. “There are only a certain amount of people who have that kind of money and that kind of bandwidth. People in this price range are so busy and don’t have time for a renovation. Homes that do sell tend to be renovated and gorgeous. I think if the house were done, it would sell overnight.”

Based on previous photos, it looks like some of those renovations, especially in the kitchen, have been completed. The home also features a gym, a wine cellar, an attached two-car garage, garden and sweeping views from most rooms.

This area of Russian Hill is sometimes known as the city’s “Gold Coast” and the block boasts many wealthy and well-known owners. Steve Jobs’ widow Laurene Powell Jobs purchased an 1888 mansion of similar size in 2018 in an all-cash, $16.5 million deal just down the street.

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