Foreign Property News | Posted by Aye Myat Thu
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’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 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.
Ref: Kevin Spacey refuses eviction from Baltimore mansion after foreclosure (nypost)
Photo Credit- Monument Sotheby’s International Realty