Kevin Spacey’s waterfront mansion in Baltimore sold at a foreclosure auction for $3.24 million, a steep drop from the $5.65 million he paid in 2017. The property, sold "sight unseen," attracted a sizable crowd despite the loss.
The auction met expectations, according to Paul R. Cooper of Alex Cooper Auctioneers, who noted the property's unique appeal. The buyer, whose identity is undisclosed, is known for purchasing interesting properties at foreclosure auctions. The sale awaits final court approval.
The 9,000-square-foot mansion, marketed as a "magnificent mansion on the water," features six bedrooms, an lift, a sauna, a home theatre, and multiple verandas. Cooper emphasized that the property's prime location and distinctiveness were key selling points, rather than its previous ownership.