Kevin Spacey faces eviction from Baltimore mansion after foreclosure sale, investor claims standoff
Actor Kevin Spacey arrives at the Central Criminal Court before attending a hearing over charges related to allegations of sex offences, in London, Britain, July 14, 2022. REUTERS
Kevin Spacey is reportedly refusing to vacate his Baltimore mansion after losing the property in a foreclosure auction. The luxurious waterfront home, located on a pier extending into the Patapsco River, was purchased by Bethesda-based investor Sam Asgari for $3.24 million during an auction at Baltimore Circuit Court.
Asgari told the Baltimore Banner that Spacey has refused to leave the property, asking instead for six months to vacate without payment. "Right now, he’s refusing to leave," Asgari stated, adding that he has been forced into negotiations with Spacey’s legal team.
However, Spacey’s attorney, Edward U. Lee III, has denied Asgari’s claims, calling the accusations "false." The New York Post reached out to Lee for further comment, but no additional details have been provided.
The 9,000-square-foot mansion, once described as "Baltimore’s most extraordinary home," served as Spacey’s primary residence following his departure from the Netflix series House of Cards amid multiple sexual assault allegations. Spacey purchased the property in 2017 for $5.65 million, making Asgari’s acquisition significantly lower in comparison.
Asgari, who has made headlines for other notable property purchases in Baltimore, has reportedly been attempting to take possession of the home for nearly three weeks. He placed a $100,000 deposit on the property, and once the sale is ratified by the courts, he could initiate eviction proceedings, possibly involving sheriff’s deputies.
The foreclosure resulted from Spacey defaulting on his $20,230 monthly mortgage payments, a financial strain exacerbated by his ongoing legal battles and loss of income after being fired from House of Cards.
In a recent interview with Piers Morgan, Spacey admitted to being in significant debt and uncertain about his future living arrangements. Despite these challenges, Spacey has received support from friends like Sharon Stone and Liam Neeson, but his residency at the Baltimore mansion remains in jeopardy.