Kevin Spacey’s Luxury Baltimore Estate Sold At Auction For $3.24 Million As Disgraced Actor Pleads Poverty

The luxurious waterfront home of acclaimed actor Kevin Spacey in Baltimore has been sold at a public auction for $3.24 million.

The sale was concluded on the steps of the Baltimore Circuit Court, marking the end of an era for this iconic property.

The massive 9,000-square-foot Harborview estate, previously marketed as a “magnificent mansion on the water,” was snapped up in under 10 minutes by a Maryland developer, Sam Sheibani from Compass, who acted as the winning bidder. The transaction required a $100,000 deposit from the successful purchaser.

“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 just a real estate milestone but also a reflection of the deep history and unique architecture of Baltimore. We are very excited to see how the potential new owners will make their mark on this unique piece of Baltimore history.”

The property, which includes five floors, six bedrooms, seven full bathrooms, a sauna, a movie theater, and a rooftop terrace, had been the subject of a prolonged debt collection process, leading to two previously canceled auctions. The Baltimore City Circuit Court still needs to provide the final approval before the sale is officially closed.

Spacey’s financial woes have been publicly acknowledged, and he confessed his inability to cover mounting legal expenses in a recent interview with Piers Morgan. “I can’t pay the bills that I owe,” Spacey told Morgan. “I still owe a lot of legal bills that I have not been able to pay. It’s considerable.” He added, “I’m not quite sure where I’m going to live now.”

The property was originally purchased by an LLC linked to Spacey in 2017 for $5.65 million. Spacey, known for his standout performances in films such as American Beauty, The Usual Suspects and the Netflix hit House of Cards, has been found not liable in a New York case where he was accused of groping a teenager in the 1980s and being acquitted of sexual misconduct charges in London.