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Massachusetts couple buys Nic Cage's Rhode Island mansion

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cage1.bmpActor Nicolas Cage has finally found a buyer for his behemoth abode in Rhode Island, but the "Leaving Las Vegas" star isn't getting his asking price. Cage, who bought the mansion not far from Newport in 2007, originally put the place on the market for $15.9 million, but in the end accepted just $6.2 million. The buyers are Andrew and Pamela Constantine of Sandwich. "Our interest is solely in restorative work, in bringning it back to what it was," Andrew Constantine told us today. (His property management firm, City Suites Boston, is based in the North End.) Cage bought the estate known as Gray Craig for $15.7 million. The 24,000-square-foot stone house, located near Sachuest Beach in Middletown, has 12 bedrooms, 10 bathrooms, ocean views, a tennis court, gym, and a pool. "We'd seen it back in 1986, but missed out," said Constantine, who didn't meet Cage during negotiations, dealing instead with the actor's reps. "When it became available again, we decided to pursue it." Cage is unloading the house because he has to. The Internal Revenue Service has said the actor owes millions in back taxes, which Cage blames on bad business decisions and sketchy financial advice. Here's a little video about the home:

          

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This blog features the latest local and national celebrity news from The Boston Globe's Names column team. Check back for the latest updates.
Mark Shanahan joined The Boston Globe in 2003, having worked previously at the Portland Press Herald, where he covered City Hall, and the Lewiston Sun-Journal, where he was the education reporter. A Northampton native and graduate of Bates College, Shanahan enjoys the usual - books, music, movies, etc. - as well as the unusual.
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Meredith Goldstein has worked for the Globe since 2003, covering everything from nightlife to New Kids. She keeps her eyes peeled for celebrity juice, and also writes Love Letters, a Boston.com blog for hopeful (and hopeless) romantics. Meredith chats about love problems every Wednesday at 1 p.m. If you see Justin Timberlake or someone like him at a local eatery, please e-mail her immediately. mgoldstein@globe.com
Follow on Twitter: @GlobeNames, @MeredithGoldste

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