1552 Monterey Place Mobile, AL 36604
Listing Courtesy of: MOBILE / Keller Williams Mobile
1552 Monterey Place Mobile, AL 36604
Active (346 Days)
Vacasa Est. Annual Revenue Estimated Annual Revenue is an estimate of the gross rental proceeds the property could generate if offered as a vacation rental, based on information Vacasa has about this property and the rental performance of similar properties. Actual rental proceeds could differ materially from this estimate and Vacasa makes no representations or warranties about its accuracy. Learn more
Vacasa Est. Cap Rate Estimated Cap Rate is an estimate of the capitalization rate for this property, derived by taking the estimated gross rental proceeds the property could generate if offered as a vacation rental, less estimated expenses, divided by the price. The actual cap rate could differ materially from this estimate and Vacasa makes no representations or warranties about its accuracy. Learn more
-.-- %

How Much Can You Earn?

Learn how much short-term rental income you can earn when you invite Vacasa to manage this vacation home for you.
If interested in a free estimate, please click the link below and enter in the property address.
Get Estimate


A rare opportunity to live and work in one of Mobile’s most historic and recognizable homes. An architectural icon, The Kate Shepard House Bed and Breakfast, kateshepardhouse.com, is located in the Old Dauphin Way Historic District and is an award winning 5 Star Inn that has been successfully operating for over 18 years. Listed on The National Register of Historic Places and Mobiles Historic Development Commission, this rare 1897 Queen Anne home has been well maintained and offers all of today’s conveniences. With a total of 6 bedrooms and 4 ½ baths, there is still room for additional living space and bathrooms. The home has been used by numerous movie sets, photographers and artists and recognized both nationally and internationally in travel editorials and guide books. Rare family papers found in the attic by the current owners has brought international attention to the home and The McRae Papers. Featured in an episode of If Walls Could Talk on HGTV, fans of the show continue to visit and enjoy updates on the rare find. Travelers discover The Kate Shepard House online and choose to stay because of the consistent 5 Star reputation. Named after the original home owners daughter, Kate McRae Shepard, a local elementary school bares Kate's name honoring her contributions to education. The house plans were chosen from a catalog by the famous architect George Franklin Barber. Architects and Barber enthusiasts visit regularly. This income producing property is complete turnkey for three guest rooms including antiques, guest room and common room furnishings and breakfast service items. The historic artifacts pertaining to the house will remain. A complete inventory list will be available to buyer for confirmation. Recipes, training, and any assistance the new owner might need will be available. Records will show the consistent income produced, potential future revenue and many examples of past editorials. Buyer responsible for confirming all business requirements and securing all necessary business licenses.

The homes unique features include:
• Original hard wood floors, 5 original light fixtures, 3 large stained glass windows, 9 original fireplaces, 7 with original mantels, original picture rail mountings in all rooms, original hardware such as doorknobs and hinges.
• Three spacious front porches and one back porch.
• Two sitting parlors for guests include the original library and its three original built-in bookcases with glass doors. Three sets of original pocket doors are operational.
• Large dining room with rare fretwork and operational swinging door with original hardware.
• Main foyer includes more rare fretwork and rare curved glass windows above a sitting bench.
• Beautiful original butler’s pantry with original doors and hardware.
• Kitchen has been updated with lots of storage and two dishwashers. All appliances to remain.
• A total of 8 stained-glass windows throughout the house of which 3 are original.
• Wrought iron fenced in back yard.
• Extra-large laundry room includes ample shelving, antique schoolhouse light fixtures, antique cast iron sink, washer and dryer and an extra full-sized refrigerator for storage. All appliances remain.
• Entire third floor attic space is currently being used as storage but could be retrofitted into living space.
• All bedrooms are oversized by today’s standards. Ceilings are approximately 12 feet tall, and doors are 8 feet tall.
• Every effort has been made to care for the many original features unique to the home.
• Nest thermostats, video doorbell and three WIFI extenders for the latest in-home technology.
• Upgraded electrical panel to accommodate technology and car charger.
**Seller is listing agent and is a licensed Realtor in the state of Alabama. For more information on the business features of the home, please contact your Realtor. Sales price includes real estate, business inventory and business systems. Possession 1 to 15 days

MLS #:
Lot Size
0.36 acres
Single-Family Home
Year Built
Mobile County
Monterey Place
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathroom: 1
Interior Features
  • High Ceilings 9 Ft Main
  • Eat-In Kitchen
  • Monterey Place
Lot Information
  • Corner Lot
Property Features
  • Fireplace: Decorative
  • Foundation: None
Heating and Cooling
  • Central
  • Central Air
  • Ceiling Fan(s)
Pool Information
  • None
  • Hardwood
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Public Sewer
  • Energy: None
School Information
  • Elementary School: Leinkauf
  • Middle School: Calloway Smith
  • High School: Murphy
  • Total: 5
  • Garage Faces Side
  • Carport
  • Assigned
Calculate drive times to this property

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
Interest rate
Mortgage calculator estimates are provided by Vacasa and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.