Kevin Spacey’s Baltimore waterfront condo sold at auction after foreclosure

BALTIMORE (AP) — Kevin Spacey’s $5.6 million waterfront condo in Baltimore has been auctioned off after the discredited actor ran into financial trouble amid a series of sexual misconduct allegations.

Last summer, a jury in London acquitted Spacey of sexual assault charges stemming from allegations by four men dating back 20 years. It was his second court victory since he defeated a $40 million lawsuit brought by “Star Trek: Discovery” actor Anthony Rapp in New York in 2022.

But Spacey said in an emotional interview with British presenter Piers Morgan last month that he was millions of dollars in debt, largely due to unpaid legal bills, and that he was at risk of having his Baltimore home foreclosed on.

Spacey moved to the Baltimore area when he began filming the hugely popular political thriller “House of Cards” there in 2012. Spacey said during the interview, speaking through tears, that he would have to move back to Baltimore to store all of his stuff. He said he almost filed for bankruptcy a few times, but managed to avoid it.

His luxury condo in Baltimore’s Inner Harbor sold at auction Thursday morning for $3.24 million, according to the auctioneer’s website. It sits on a floating pier and has six bedrooms, seven full bathrooms, an elevator, a sauna, a home theater, a rooftop terrace, multiple porches and a four-car garage.

A small group of potential buyers gathered on the steps of the Baltimore Circuit Courthouse downtown and made offers, according to local media. The suggested opening bid was $1.5 million.

The winning bidder acted as proxy for a real estate developer and local businessman, whose identity was not released, The Baltimore Sun reported.

During tear-jerking testimony in a London court last summer, Spacey denied the allegations against him, telling jurors how they had destroyed his acting career as the #MeToo movement gained traction in the US.