7 Montagel

DeCaro Luxury Real Estate Auctions

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 Way is 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." 

Welcome to Birmingham's 50,000-square-foot Guitar House. Auctioned in 2003 for $3.95 million, the home was listed in 2011 for $17.9 million.