Step into a rare piece of history with this stunning 6-bedroom, 6.5-bath Queen Anne Victorian, ideally located near Midtown and Downtown Mobile. Rich in character and timeless charm, this beautifully preserved property offers a unique blend of historic elegance and modern-day opportunity.
Built in 1897 by Mr. and Mrs. Charles Martin Shepard, this remarkable home was selected from a catalog designed by renowned architect George Franklin Barber, making it a true architectural treasure. Known as The Kate Shepard House, the property carries a deep and meaningful legacy. On display in its library are family artifacts dating back to the early 1800s, including an extraordinary collection of letters, receipts, land deeds, and historical documents passed down from the McRae family of Mississippi. These rare documents, discovered in the attic, have proven to be significant links to American Civil War history, with portions now preserved and showcased by the South Carolina Confederate Relic Room and Military Museum.
Once operated as a boarding school, the home is filled with stories and distinctive architectural details that make it truly one of a kind. Inside, you’ll find two spacious parlors on the main floor—one featuring a grand piano for refined gatherings, and the other offering additional seating for entertaining or relaxing.
Each of the six bedrooms is paired with its own full bathroom, providing exceptional comfort and privacy—perfect for large families, guests, or rental use. A convenient half bath is also located on the first floor.
Currently operating as a successful short-term rental across multiple platforms, this property presents an incredible turnkey investment opportunity or could easily transition into a grand private residence.
Enjoy the convenience of being within walking distance to shopping, dining, and all that Mobile has to offer, while still experiencing the charm, history, and grandeur of this one-of-a-kind home.
For sale by owner
Price cut: $300K (4/23)
$1,500,000
1552 Monterey Pl, Mobile, AL 36604
6beds
4,200sqft
MultiFamily
Built in 1897
-- sqft lot
$-- Zestimate®
$357/sqft
$-- HOA
Overview
- 114 days |
- 817 |
- 17 |
Listed by:
Property Owner (228) 669-1965
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,200 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Wood
Lot
- Size: 0.36 Acres
Details
- Parcel number: R022907250007418
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1897
Community & HOA
Community
- Features: On Site Laundry Available
Location
- Region: Mobile
Financial & listing details
- Price per square foot: $357/sqft
- Tax assessed value: $742,100
- Annual tax amount: $4,713
- Date on market: 3/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,066/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $1,500,000-16.7%$357/sqft |
Source: Owner Report a problem | ||
| 3/13/2026 | Listed for sale | $1,800,000+157.1%$429/sqft |
Source: Owner Report a problem | ||
| 11/30/2022 | Sold | $700,000-23.9%$167/sqft |
Source: | ||
| 10/8/2022 | Pending sale | $920,000$219/sqft |
Source: | ||
| 9/22/2022 | Price change | $920,000-7.5%$219/sqft |
Source: | ||
| 1/12/2022 | Listed for sale | $995,000+192.6%$237/sqft |
Source: | ||
| 12/17/2002 | Sold | $340,000+33.3%$81/sqft |
Source: Public Record Report a problem | ||
| 5/16/2001 | Sold | $255,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,713 +6.1% | $74,220 +6.1% |
| 2024 | $4,442 +67.8% | $69,960 +67.8% |
| 2023 | $2,648 | $41,700 |
| 2022 | $2,648 | $41,700 |
| 2021 | $2,648 +0% | $41,700 +0% |
| 2020 | $2,647 +10.1% | $41,680 +10.1% |
| 2019 | $2,403 -3.1% | $37,840 -1.2% |
| 2018 | $2,480 -48.4% | $38,300 -49.4% |
| 2017 | $4,806 | $75,680 -1.1% |
| 2016 | $4,806 +115.2% | $76,560 +116.1% |
| 2013 | $2,233 -5% | $35,420 -6.9% |
| 2010 | $2,350 +26.4% | $38,060 +25.5% |
| 2003 | $1,858 | $30,320 |
| 2002 | $1,858 +52.2% | $30,320 +49.5% |
| 2001 | $1,221 +24.9% | $20,280 |
| 2000 | $977 | $20,280 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hannon Park
Nearby schools
GreatSchools rating
- 7/10Leinkauf Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Calloway Smith Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Murphy High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Alabama
- Mobile County
- Mobile
- 36604
- Hannon Park
- 1552 Monterey Pl




