Former KISS guitarist Ace Frehley hasn't paid the mortgage on his home in Yorktown, which is nestled in Westchester County in New York, since March 1, 2011. As a result, the property is in foreclosure.

The Journal News reports that the U.S. Bank Association filed for foreclosure on February 15 and is asking the court to sell the 2,441 sq. ft. home, which is about 30 miles from New York City and is situated on three acres.

The two-story home has three bedrooms and three bathrooms.

The outstanding balance is $703,581.48, along with interest, late fees and other costs. The sale of the house would hopefully cover the debt.

Frehley was the original lead guitarist in KISS, and played with the band from 1971-1983. He later rejoined the iconic group when they put their make up back on for a farewell tour in 1996. After the tour ending up being a massive success, KISS didn't end up breaking up. Frehley and the band parted ways again in 2002. He was replaced by longtime KISS employee and former Black 'N Blue guitarist Tommy Thayer.

Frehley and his assistant could not be reached for comment regarding this real estate kerfuffle.

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