Has Nicolas Cage become 'homeless'? Actor reveals why he was forced to leave his $10.5 million Malibu mansion. 'Something happened to my house'

Hollywood star Nicolas Cage has revealed that he’s living in hotels after his $10.5 million Malibu mansion was damaged and he was forced to leave the property. The 62-year-old actor described himself as “a little bit homeless” when he spoke about his living situation during an appearance at L.A. Comic Con recently.

Cage revealed this when asked about his plans for Halloween. According to The Independent, he explained why he wouldn’t be celebrating at his usual residence, saying, “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.”

The actor said he planned to take his 4-year-old daughter August trick-or-treating in Santa Monica, California, even though things are chaotic.

What happened to Nicolas Cage's $10.5 million Malibu mansion?

Cage’s life changed when a giant sinkhole opened up on his beachfront property in September of 2026. The damage to the property was considerable, with the driveway collapsing due to the effects of heavy rainfall and severe coastal erosion.

The sinkhole opened up on September 8, sucking the driveway’s ground under and creeping toward the mansion. Photos from the scene showed a large chunk of asphalt and concrete falling in, as well as construction equipment and other debris.

The property was reportedly purchased by Cage in 2024 for $10.5 million. The four-storey oceanfront residence was among the properties affected by the dangerous conditions along Sea Level Drive.

The damage also affected essential infrastructure in the neighbourhood. Water and gas lines were reportedly broken, while the Southern California Gas Company shut off the gas supply to the affected area.

Neighbours also forced to leave their homes

The incident was not limited to Cage's property. Authorities issued evacuation orders for nearby residences after the expanding sinkhole raised concerns about public safety and access to emergency services.

According to reports, 31 properties were affected by the situation, with several homes declared unsafe for occupancy. The City of Malibu also declared a local emergency, explaining that the collapse of a beachfront driveway had extended into the roadway, restricting access for residents and emergency personnel.

A temporary shelter was established at Malibu High School by the American Red Cross to assist people displaced by the incident.

Nicolas Cage trying to save his Malibu property

Although Cage has been staying in hotels, he has not given up on his beachfront home. According to an earlier Page Six report, the actor moved quickly to obtain three permits from city officials following the incident.

He received permission to place sandbags along the beach and the exterior of the property to protect it from waves and prevent further coastal erosion.

Additional permits were approved for removing asphalt debris from the collapsed driveway, preparing the site for shoring work and excavating the area to collect soil samples.