Actor Kevin Spacey's Baltimore waterfront home sold for $3.2 million

BALTIMORE -- Actor Kevin Spacey's waterfront home sold for $3.24 million at a public auction Thursday on the steps of a Baltimore Circuit Court.

The 9,000-square-foot home in Harborview was sold in less than 10 minutes to a Maryland developer, according to Sam Sheibani of Compass, a nationwide real-estate firm.

The new owner had to make a $100,000 deposit at the auction.

"There's nothing that compares to this property really anywhere in our region," said Sam Sheibani, the real estate agent for the auction winner. "Just the amenities, it has the location, it's really just one of a kind. It's something that I think makes it iconic."

The home has five floors with six bedrooms and seven full bathrooms, according to the auction listing. There is also a sauna, movie theater, rooftop terrace and other features.

The sale comes after a debt collection firm attempted to foreclose the home for over two years and two previously canceled auctions. 

The Baltimore City Circuit Court still has to approve the sale before the buyer can make the final purchase.

The home was last sold to an LLC connected to Spacey in 2017 for $5.65 million.   

Spacey, who has been accused of sexual misconduct on several occasions, admitted to Morgan that he owns millions in legal fees and he can't pay his bills.  

"I can't pay the bills that I owe," Spacey said to Morgan. "I still owe a lot of legal bills that I have not been able to pay. It's considerable."

Spacey has won two Academy Awards, a Tony Award, a Golden Globe Award and four Screen Actors Guild Awards.

He played roles in American Beauty, The Usual Suspects, A Time To Kill, Pay It Forward, 21, Horrible Bosses and House of Cards, among others.

Spacey was found not liable in a New York lawsuit after he was accused of groping a teen in the 1980s. He was acquitted of sexual misconduct charges in London.