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Broke Kevin Spacey forced to sell $10m home

Embattled actor Kevin Spacey says he has been forced to sell his $10 waterfront home after being ‘many millions’ of dollars in debt.

Kevin Spacey says his is broke and has been forced to sell his $10m home. Picture: Jesse Grant/Getty Images for Netflix
Kevin Spacey says his is broke and has been forced to sell his $10m home. Picture: Jesse Grant/Getty Images for Netflix

Embattled actor Kevin Spacey has been forced to sell his home after being “many millions” of dollars in debt.

During an interview with Piers Morgan on his talk show “Uncensored”, the former “House of Cards” star opened up about the fallout to his career following allegations of sexual assault against him.

The Oscar-winner broke down in tears revealing his waterfront residence in Baltimore is being foreclosed as he can no longer pay the bills.

“This week where I have been living in Baltimore is being foreclosed on, and my house is being sold at auction,” an emotional Spacey told the program. “I’m not sure where I’m going to live now.”

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Kevin Spacey. Picture: Jesse Grant/Getty Images for Netflix
Kevin Spacey. Picture: Jesse Grant/Getty Images for Netflix
Kevin Spacey’s Baltimore home faces foreclosure. Picture: Realtor.com
Kevin Spacey’s Baltimore home faces foreclosure. Picture: Realtor.com
Waterfront views are one aspect of the property. Picture: Realtor.com
Waterfront views are one aspect of the property. Picture: Realtor.com

When asked if he was facing bankruptcy, Spacey said that he had been close but had “managed to sort of dodge it, at least as of today.”

Questioned how much money he has, the “Usual Suspects” star – who was reported to have a net worth of around $US70 million ($A105.89m) back in 2022 – insisted he had “none. I still owe a lot of legal bills that I have not been able to pay.”

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A billiard room. Picture: Realtor.com
A billiard room. Picture: Realtor.com
The open kitchen is a focal point. Picture: Realtor.com
The open kitchen is a focal point. Picture: Realtor.com

According to Realtor, Spacey purchased the property in 2017 for $US5,650,000. The actor moved there while filming House of Cards. It could now be worth in excess of $A10m.

The massive, 9,000-square-foot (836 sqm) house is a combination of two townhouses and features six bedrooms, seven full bathrooms, and three half-baths.

Other details include a chef’s kitchen, home theatre, sauna, billiard room, and elevator. It also boasts multiple decks and a 76-foot (223 metre) roof deck with a spa. The home comes with a four-car garage.

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Kevin Spacey and Robin Wright play Francis and Claire Underwood in House of Cards.
Kevin Spacey and Robin Wright play Francis and Claire Underwood in House of Cards.
Kevin Spacey as Jean Paul Getty from trailer for film All the Money in the World.
Kevin Spacey as Jean Paul Getty from trailer for film All the Money in the World.

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Spacey has denied all allegations against him since they began to arise in the wake of the #MeToo movement in 2017.

That same year, the star’s career took a turn when he was taken off the final season of “House of Cards” and edited out of the film, “All the Money in the World”.

Last year, a jury in London found Spacey not guilty of nine charges of sexual assault from four complainants. Several other charges and lawsuits have been dropped.

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Originally published as Broke Kevin Spacey forced to sell $10m home

Original URL: https://www.news.com.au/national/victoria/broke-kevin-spacey-forced-to-sell-10m-home/news-story/50005df185d6effe593463b45b3441ef