Tuesday, 6 October 2015

The biggest mansion in Alabama is being auctioned — and it could be 'the buy of a lifetime'

The home was last auctioned in 2003 for a reported $3.95 million. It's famed for its peculiar, guitar-shaped driveway.
Birmingham's most infamous luxury listing is hitting the auction block on Halloween.
Known as "The Guitar House" and touted as Alabama's biggest estate, 7 Montagel Wayis the dream home of Larry House, the former CEO of MedPartners, a healthcare staffing firm. House resigned his position in 1998, right before the company was sued by its shareholders. This happened around the same time that House settled a costly divorce.
Though the 27-acre estate was sold by another auction house in 2003, a spokesperson explains that House " put the home up for auction and it was purchased by a bank, which he then bought it back from." The house was sold for a reported $3.95 million at the 2003 auction.
The private auction on October 31 is in collaboration with DeCaro Luxury Real Estate Auctions, and the bidding will start at $0. The auction house describes the property as "the buy of a lifetime."
Keep scrolling to check out the house with a guitar-shaped driveway and palatial interiors.

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