Wednesday, October 14, 2015

I have an extra dollar, do you?

Wow -- I have an extra $1

$14M Alabama ‘mega-mansion’ to go under the hammer starting at just $1

The largest home in Alabama, described in some reports as a “mega-mansion” will be put up for auction at the end of the month, with the bidding starting at just $1. Little wonder some have been calling it the “buy of a lifetime”.

Alabama mega mansion

As fantastic as that sounds though, it’s very likely the 37 acre, 15-bedroom home at 7 Montagel Way in Shoal Creek, Alabama will end up being sold for significantly more than the starting amount. That’s because the property was originally listed for a whopping $17.9 million when it first went on sale in 2011, although the owner Larry House failed to find a buyer on that occasion.

Last year, House once again listed the home, which includes dramatic waterfalls, a horse riding arena, cabanas and a pool, a barn, a garage with room for 12 cars, a small cinema with room for a 170-inch TV screen complete with theater-style seating for 25 people. House listed the “Guitar House”, so called because of the guitar-shaped driveway, for $13.9 million in 2014, but again were unable to find a buyer.

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