Kevin Spacey’s Baltimore Condo Sold at Auction After Foreclosure

Kevin Spacey’s $5.6 million waterfront condo in Baltimore was auctioned off due to the actor’s financial troubles following numerous allegations of sexual misconduct.

A jury in London cleared Spacey of sexual assault charges related to claims by four men from two decades ago. This marked his second legal triumph after defeating a $40 million lawsuit in 2022 in New York, filed by “Star Trek: Discovery” actor Anthony Rapp.

However, Spacey revealed in an interview with British broadcaster Piers Morgan last month that he was drowning in debt, mainly from unpaid legal fees, and was facing foreclosure on his Baltimore residence.

Spacey relocated to Baltimore when he began filming the acclaimed political drama “House of Cards” there in 2012. Through tears in the interview, Spacey mentioned he would need to return to Baltimore to store his belongings. He admitted he almost declared bankruptcy several times but managed to avoid it.

His upscale condo on Baltimore’s Inner Harbor was auctioned Thursday morning for $3.24 million, as per the auctioneer’s site. The property, located on a floating pier, features six bedrooms, seven full bathrooms, four-car garage, sauna, home theater and rooftop terrace.

A handful of interested buyers gathered on the steps of the downtown Baltimore Circuit Court building to place their bids, according to local news reports. The initial suggested bid was $1.5 million. The winning bid was made by a representative for a real estate developer and local entrepreneur whose identity remains undisclosed.

During emotional testimony in a London court last summer, Spacey denied the accusations and explained to the jury how they had ruined his acting career as the #MeToo movement gained traction in the U.S.

Number of Foreclosures Available: Baltimore – 150.

By Elias DaSilva | September 19, 2024.