Nicolas Cage has slashed price of his hollywood mansion by half!

According to a news report Academy Award winner 'Nicolas Cage' has reportedly slashed the price of his Hollywood Mansion from its original value of USD 35 million to USD 17.5 million.

It seems that the Knowing star 'Nicolas' has first put his Bel Air home on the market in 2007 for sale, for its original vale, but since then the house has failed to attract potential buyers due to its hefty price tag.

It has been two years now and the actor is still struggling to sell off the estate formerly owned by Dean Martin and singer Tom Jones.