Multi-million dollar Shoal Creek mansion to be auctioned
Published 4:32 pm Monday, September 21, 2015
By MOLLY DAVIDSON / Staff Writer
NORTH SHELBY—Bidders will soon have a chance at owning one of Alabama’s largest homes, as Decaro Luxury Auctions will auction a 62,000-square-foot Shoal Creek mansion on Saturday, Oct. 31.
The mansion, owned by former MedPartners CEO Larry House, sits behind the Shoal Creek gates on Montagel Way. The main house has 15 bedrooms, 16 bathrooms and six half bathrooms, and features a 25-seat movie theater, elevator and 10-car garage.
According to RealtySouth, the home was designed by architect Bill Shepherd and is fitted with vintage lighting. Detail work was done by the International Fine Arts Conservation Studios, the same group that worked on Buckingham Palace and the Biltmore.
The 27-acre estate also includes a pool flanked by two cabana homes, a guesthouse, a six-stall barn with living quarters and an outdoor horseback riding ring.
The home topped the U.S. housing market as the largest house on the market in February 2014. RealtySouth listed the house at $9.9 million, a $4 million reduction from the February 2014 asking price. The listing is currently being handled by Pam Ausley of RE/MAX.
The Shelby County property tax database lists the assessed value of the 7 Montagel Way mansion as $12.2 million.
The mansion will be auctioned on Saturday, Oct. 31. Open house events will be held every Saturday and Sunday by appointment from 1 p.m. to 4 p.m. starting Oct. 10. A final open house event will be held Friday, Oct. 30 from 1 p.m. to 4 p.m. To schedule an appointment, call (800) 332-3767. For more information about the auction, visit Decaroauctions.com/portfolio-view/absolute-auction-elegant-mansion-birmingham-alabama-october-31-2015/.