By Sarah Paynter

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Mark Stewart is the new CEO of Goodyear Tire & Rubber, so it's fitting that he owns a historic Detroit home built by an early auto-industry titan. With an indoor pool and a hidden bar, the circa-1926 house was built during a glittering era of Motor City parties -- but these days, the ballroom is usually used for karaoke, said Stewart.

Stewart bought the redbrick Tudor in 2022 for $4.9 million with his husband, Antonio Gamez-Galaz, and the two spent over $3 million restoring and renovating the house.

Now that Stewart and Gamez-Galaz are moving to Ohio, where Goodyear is based, they are reluctantly saying goodbye to the home. They are putting the 15-bedroom mansion on the market for $7 million, making it the most expensive home for sale in the city.

The roughly 24,000-square-foot estate is located in the historic Palmer Woods neighborhood, said listing agent Alex Chapman of @properties Christie's International Real Estate REMI. The house was built almost a century ago for Alfred J. Fisher of Fisher Body Company, an influential early automotive-manufacturing company that was later purchased by General Motors, according to the Detroit Historical Society. During the Fishers' ownership, their daughter Alma was married in the ballroom, said Stewart, who was acquainted with Alma before she died several years ago.

The house retains original details including stained-glass windows imported from Europe, hand-painted silk wall coverings, and a circa 16th-century English fireplace mantel, said Stewart. There is an indoor fountain in the "palm room;" in the 1920s it was fashionable to have such spaces for showing off tropical decor, Stewart said. The library has its original built-in oak bookcases, hand-painted ceilings and large fireplace.

In the billiards room on the first-floor, a hidden bar can be closed up into the wall, said Stewart. The feature is original to when the Fishers owned the house, said Stewart, who believes it may have been used as a speakeasy during Prohibition. Stewart and Gamez-Galaz added another speakeasy-style bar in a third-floor entertainment area, which has a home theater and a piano room, he said.

The couple refurbished the original Waterford chandeliers and Baccarat sconces in the living and dining rooms, Stewart said. One fireplace mantel in the great room had been removed by a previous owner, so they used an old photo to commission a replica.

When the couple bought the house, Stewart was the COO of Stellantis, the parent company of car companies including Chrysler and Jeep. When he was tapped as the CEO of Goodyear in January 2024, they considered keeping the house, but they are not spending as much time there as they would like, said Stewart.

"It's definitely with a tear in the eye that we decided to put it on the market," he said.

The house set a Detroit record when Stewart bought it, and now he is aiming to top that, said Chapman. But his asking price isn't unheard of for the area. The most expensive home sale in the Detroit area was a $10.1 million deal for a historic house about 12 miles northwest in Bloomfield Hills in 2023, said Chapman.

Homes in Palmer Woods sold for an average $550,000 in the last 12 months, about the same price as the year prior, said Chapman.

Write to Sarah Paynter at Sarah.paynter@wsj.com

(END) Dow Jones Newswires

March 15, 2025 09:00 ET (13:00 GMT)

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