Nicolas Cage Says He Is Homeless After Massive Sinkhole Damages Malibu Mansion

Hollywood star Nicolas Cage revealed he is temporarily living in hotels following a massive sinkhole that damaged his multimillion-dollar Malibu property.

Published 3 November 2026

Unexpected Housing Troubles

Renowned Hollywood actor Nicolas Cage recently shared that he finds himself temporarily without a permanent residence. During a public appearance at the Los Angeles Comic Con, the 62-year-old performer candidly explained his current living situation to the audience.

Cage disclosed that an unexpected disaster struck his home in Malibu. Consequently, he has had to relocate and is currently staying in various hotels while sorting out the residential crisis.

The Malibu Sinkhole Incident

The accommodation troubles stemmed from a massive sinkhole that developed near the driveway of the actor's beachfront property. The gaping crater extended into the adjoining roadway, causing severe concerns regarding neighbourhood accessibility and structural safety.

The environmental collapse occurred following severe coastal conditions, heavy rainfall, and exceptionally high tides along the coastline of Southern California. Reports indicated that the crater measured roughly 30 feet by 30 feet, filled with broken concrete and shattered asphalt.

Neighbourhood Impact and Evacuations

The damage extended far beyond Cage's individual property lines. According to official statements released by the City of Malibu, as many as 31 properties in the surrounding area were declared unsafe because emergency responders could no longer safely access the location.

The compromised driveway and roadway blocked crucial routes for local residents, law enforcement officers, and fire department personnel. Additionally, a gas leak triggered by the collapse forced authorities to completely shut off the neighbourhood gas supply.

Impact on Family and Holiday Plans

The displacement also forced the actor to alter his traditional holiday celebrations. Cage spoke about how the hotel stays affected his Halloween plans with his four-year-old daughter, August, whom he shares with his wife Riko Shibata.

Instead of welcoming neighbourhood children to his Malibu residence for trick-or-treating, he planned to take his young daughter trick-or-treating in Santa Monica. He also mentioned plans to unwind after bedtime by watching a classic psychological horror film.

Property Background and Repair Status

Cage originally purchased the four-storey beachfront residence on Sea Level Drive for approximately $10.5 million. The luxury property offered sweeping ocean views alongside numerous high-end amenities before it was struck by the natural disaster.

Public records indicate that the actor has already secured necessary permits to begin repair work. These initial steps involve debris removal, thorough soil sampling, and preparations to shield the beachfront structure from ongoing erosion hazards, though a timeline for returning remains unclear.

Real Estate History and Notable Assets

Throughout his long and successful Hollywood career, Cage has amassed substantial wealth, much of which went toward an extravagant real estate portfolio. At one point, his holdings reportedly encompassed 15 distinct residences, including European castles and waterfront estates.

His eclectic purchases have frequently made headlines over the decades. Beyond traditional luxury mansions, his acquisitions have included rare comic books, an island in the Bahamas, and historic properties abroad.

News Overview

Actor Nicolas Cage revealed at Los Angeles Comic Con that he is temporarily living in hotels after a massive sinkhole damaged his $10.5 million Malibu mansion. The incident, caused by severe coastal erosion, forced emergency evacuations across 31 properties and altered his holiday plans with his daughter August.

Key facts

  • Nicolas Cage is 62 years old.
  • The Malibu mansion was purchased in 2024 for approximately $10.5 million.
  • The sinkhole incident occurred on September 8, 2026.
  • The sinkhole measured approximately 30 feet by 30 feet.
  • Thirty-one properties were declared unsafe due to the collapse.
  • Nicolas Cage shares daughter August, aged 4, with his wife Riko Shibata.
  • Cage has two other children: Kal-El, 21, and Weston, 35.