Historic 1897 Kate Shepard House – Offered at $995,000 in Mobile, Alabama
Price: $995,000
Year Built: 1897
Living Area: 4,200 Sq. Ft.
Bedrooms: 6
Bathrooms: 4.5
Lot Size: 0.36 Acres
Address: 1552 Monterey Place, Mobile, Alabama 36604
A Beloved Mobile Landmark & Turnkey Bed and Breakfast
The Kate Shepard House is one of Mobile’s most recognizable historic residences. Built in 1897, this Queen Anne masterpiece sits in the Old Dauphin Way Historic District and operates as an award-winning 5-Star Bed and Breakfast. For more than 18 years, it has drawn guests from across the globe. The home is listed on the National Register of Historic Places and Mobile’s Historic Development Commission, preserving its architectural integrity and historic charm.
Architectural Heritage & Cultural Significance
Designed from a catalog by famed architect George Franklin Barber, the home showcases exceptional late-19th-century craftsmanship. With tall ceilings, oversized rooms, and classic Queen Anne details, it remains a standout property. The home has appeared in films, photography projects, and travel publications. It was also featured on HGTV’s If Walls Could Talk. The discovery of the rare McRae Papers in the attic brought national and international attention to the home.
Turnkey Bed & Breakfast Operation
The property is offered as a complete, income-producing B&B. Three guest rooms include antique furnishings, décor, and all breakfast service items. Historic artifacts connected to the home will remain, and an inventory list will be provided. The home’s namesake, Kate McRae Shepard, was a respected educator, and a local elementary school still bears her name. Buyers will receive recipes, training, and guidance for a smooth transition. Records document consistent income and strong revenue potential. Buyers must verify all business requirements and licenses.
Interior Features & Modern Enhancements
The home balances original character with modern conveniences. Bedrooms are unusually large by today’s standards, ceilings reach approximately 12 feet, and doors stand 8 feet tall. Upgrades include Nest thermostats, a video doorbell, three WiFi extenders, and an improved electrical panel designed to support technology needs and car charging. The spacious laundry room features antique schoolhouse lights, a cast-iron sink, washer and dryer, a full-size refrigerator, and extensive shelving. All appliances remain. The entire third-floor attic is used for storage but could be finished for additional living space.
Prime Historic District Location
Situated on a 0.36-acre lot, the home offers both charm and convenience. It is located near downtown dining, museums, shopping, and cultural attractions. The setting makes it ideal for continued use as a thriving bed and breakfast.
A Rare Opportunity in Mobile
The Kate Shepard House offers a rare chance to own a historic landmark with proven income potential. Whether you’re seeking a fully operational hospitality business or a beautifully preserved historic residence, this property stands out as one of Mobile’s architectural gems. Listed for $995,000 with Wendy James of Keller Williams Realty Mobile. Photography and listing details courtesy of the agent.
