Kevin Spacey’s luxury waterfront home in Baltimore was snapped up for $3.24 million at a public auction held Thursday on the steps of a Baltimore circuit courthouse.
The massive 9,000-square-foot Harborview estate sold in less than 10 minutes to a Maryland developer, Sam Sheibani of Compass told CBS News.
“The sale of Mr. “Spacey’s home marks the end of an era and the beginning of a new chapter for this iconic home,” Sheibani told The Post.
“This transaction is not only a real estate milestone, but also a reflection of Baltimore’s deep history and unique architecture,” said Sheibani. “We are very excited to see how the potential new owners will make their mark on this unique piece of Baltimore history.”
The winning bidder had to put down a $100,000 deposit at the auction.
Previously marketed as a “magnificent overwater residence,” the home includes five floors, six bedrooms, seven full bathrooms, a sauna, a movie theater and a rooftop terrace.
The sale follows a period in which a debt collection firm tried to foreclose on the property for more than two years, leading to two previously canceled auctions. The Baltimore City Circuit Court still has to make a final decision before the sale officially closes.
Spacey’s financial problems are no secret. In an interview with Piers Morgan last month, the actor confessed his inability to cover mounting legal fees.
“I can’t pay the bills I owe,” Spacey told Morgan. “I still have a lot of legal bills that I haven’t been able to pay. It’s significant.” He added: “I’m not too sure where I’m going to live now.”
Spacey’s representatives did not immediately respond to The Post’s request for comment.
The property was purchased by an LLC linked to Spacey in 2017 for $5.65 million. Spacey’s credits include two Academy Awards, a Tony Award, a Golden Globe and four Screen Actors Guild Awards. His filmography includes notable performances in American Beauty, The Usual Suspects, A Time to Kill, Pay It Forward, 21, Horrible Bosses and the Netflix hit House of Cards. .
Legally, Spacey has had a tumultuous few years. He was recently found not guilty in a New York case in which he was accused of fondling a teenage girl in the 1980s – and acquitted of sexual misconduct charges in London.
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