Kevin Spacey's house: Actor's Baltimore waterfront home up for auction

Time is running out for Kevin Spacey to save his Baltimore waterfront home from auction.

The actors' house, worth more than $5 million, is put up for public auction on Thursday morning A debt collection agency has been trying to seize Spacey's home and sell it for more than two years, but two previously scheduled auctions have been canceled.

The 9,000-square-foot home floats on a pier that extends out to the Patapsco River from Federal Hill. It has been named Baltimore's most extraordinary home.

The auction house is offering a starting bid of $1.5 million for Thursday's sale, with a $100,000 deposit required.

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Last month, Spacey publicly revealed that he was millions of dollars in debt, couldn't pay his bills and was moving his belongings into storage. He broke down while discussing the auction and his debts during an interview with British presenter Piers Morgan.

He told Morgan he owed millions and had considered filing for bankruptcy. Spacey's monthly mortgage payment had been set at $20,230, according to court documents, but he fell behind after being fired from House of Cards and sued in Manhattan for alleged sexual advances toward a teenage girl. boy in the 1980s. The jury ruled in favor of Spacey in that case.

Nine months after that ruling, a London jury acquitted Kevin Spacey of sexual assault. The actor told the London jury that he had been unemployed for six years, since the first allegations of sexual abuse were made against him.

A two-part documentary series about the actor also aired this year and airs on Max. Spacey Unmasked explores the actor's behavior over decades. Spacey publicly hit back online, He wrote that he had asked the directors to give me more than 7 days to respond to the allegations that have been made against me for 48 years and provide me with enough details to investigate these matters. Stars such as Sharon Stone and Liam Neeson, meanwhile, have spoke out in support of Spacey.

Spacey was honored at the 21st Golden Apricot International Film Festival in Armenia this month.

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The debt collection agency filed a lawsuit against Spacey in April 2022. His attorneys participated in mediation at least twice but were unable to avoid a public sale, according to court documents. His homeowners association also filed a lien on the property, accusing Spacey of failing to pay monthly dues and attorney fees.

Spacey has kept a low profile in Baltimore, although he is occasionally recognized walking his dog or dining at the Sagamore Pendry Hotel. came on stage unannounced to sing at Baltimore's Keystone Korner jazz club.

The actor and his attorney in the seizure case did not respond to messages from The Banner.

Follow The Banner on Thursday for more coverage of the auction.

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