Kevin Spacey’s luxurious waterfront home in Baltimore was snapped up for $3.24 million in a public auction held Thursday on the steps of a Baltimore Circuit Court. The massive 9,000-square-foot Harborview estate traded hands in under 10 minutes to a Maryland developer, Sam Sheibani from 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 just a real estate milestone but also a reflection of the deep history and unique architecture of Baltimore,” Sheibani said.
“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 drop a $100,000 deposit at the auction. Previously marketed as a “magnificent mansion on the water,” 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 attempted to foreclose on the property for more than two years, leading to two previously canceled auctions. The Baltimore City Circuit Court still needs to give the final nod before the sale is officially closed. Spacey’s financial woes are no secret.
In an interview with Piers Morgan last month, the embattled actor confessed his inability to cover mounting legal expenses. “I can’t pay the bills that I owe,” Spacey told Morgan. “I still owe a l.