Real Estate

Kevin Spacey refuses eviction from Baltimore mansion after foreclosure

A Bethesda-based investor has found himself locked in a bitter standoff with none other than Kevin Spacey, who allegedly refuses to vacate his luxurious Baltimore home after losing it in a foreclosure auction for $3.24 million.

Investor Sam Asgari scored the sprawling waterfront property, nestled on a pier extending into the Patapsco River, at a bargain price during the auction at Baltimore Circuit Court.

But what seemed like a smooth deal quickly turned into a headache as the embattled actor reportedly won’t hand over the keys.

Kevin Spacey’s luxe waterfront home in Baltimore has been auctioned off for $3.24 million. Monument Sotheby's International Realty
The property boasts five floors. Monument Sotheby's International Realty

“Right now, he’s refusing to leave,” Asgari revealed to the Baltimore Banner. “He’s asking for six months to leave the property without paying anything.”

Asgari added that Spacey’s refusal to leave has forced him into negotiations with the actor’s lawyers.

However, Edward U. Lee III, Spacey’s attorney, has shot back at these claims.

“The accusation by Mr. Asgari is false,” Lee tersely told the outlet.

The Post has reached out to Lee directly for further comment.

The billiards room. Monument Sotheby's International Realty
The formal dining room. Monument Sotheby's International Realty

The 9,000-square-foot property, once dubbed “Baltimore’s most extraordinary home,” was Spacey’s primary residence during his tumultuous time after being fired from the Netflix hit show “House of Cards,” following multiple sexual assault allegations.

The “American Beauty” actor had originally purchased the home for a hefty $5.65 million in 2017, making Asgari’s acquisition a steal — until the complications began.

Asgari, who made local headlines earlier this year for purchasing the childhood home of Baltimore legend Johns Hopkins, has reportedly been trying to take possession of the property for almost three weeks, only to find himself entangled in legal wrangling with Spacey’s team.

The kitchen with island seating. Monument Sotheby's International Realty
The breakfast space with floor-to-ceiling windows overlooking the water. Monument Sotheby's International Realty
The movie theater — one of many amenities in the home. Monument Sotheby's International Realty

Asgari’s purchase was sealed with a $100,000 deposit. Once the sale is ratified by the courts, he could potentially initiate eviction proceedings, possibly with the assistance of sheriff’s deputies.

“The sale of Mr. Spacey’s home marks the end of an era and the beginning of a new chapter for this iconic home,” Sam Sheibani from Compass, who listed the home previously, 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 spiral staircase. Monument Sotheby's International Realty
There’s also a sauna. Monument Sotheby's International Realty
One of six bedrooms. Monument Sotheby's International Realty
One of seven full bathrooms. The home has three additional half-baths. Monument Sotheby's International Realty

Spacey’s refusal to leave is just the latest chapter in a string of financial woes for the fallen star.

During a tearful June interview with Piers Morgan, Spacey confessed, “I’m not quite sure where I’m going to live now,” admitting that he’s drowning in debt, unable to pay legal fees, and has been forced to move his belongings into storage.

The mansion was foreclosed on after Spacey defaulted on his $20,230 monthly mortgage payments — an amount he struggled to maintain after his firing from “House of Cards” and subsequent legal battles.

Jurors have sided with Spacey in one high-profile case in Manhattan, while a London jury acquitted him of sexual assault charges just nine months ago.

Future Publishing via Getty Images
Sam Asgari linkedin/ssasgari/

As Spacey’s battle to keep his home continues, a two-episode documentary titled “Spacey Unmasked,” now streaming on Max, delves into his past — a movie the actor publicly condemned for its lack of fairness.

While high profile pals like Sharon Stone and Liam Neeson rally to his side, Spacey’s future — and his residency — remain in limbo.

In Baltimore, where Spacey has kept a low profile, locals have occasionally spotted the star walking his dog or enjoying a meal at the swanky Sagamore Pendry hotel.

But with the looming eviction, Spacey may soon be singing the blues — perhaps back on the stage at Baltimore’s Keystone Korner jazz club, where he once performed unannounced.