The auction of the former Bud Seretean mansion on five acres on Missionary Ridge has been delayed until Dec. 12 at 6 p.m. at the residence.
It had been set to go up for bid at a live "without reserve" auction today (Thursday).
Officials of New York City-based Concierege Auctions said a number of bidders have expressed interest and that additional time is being given to sign up to participate.
The property is now owned by the Don Brocks.
The home, appraised for $2.4 million, has been sale for a lengthy time at $4.8 million. Dr. Brock, who heads Astec Industries, has built a spectacular new home on the east brow of Lookout Mountain.
The 19,000-square-feet home has seven bedrooms as well as 10 full and three half baths. It includes a 30-foot-high glass ceiling, a heated indoor swimming pool with diving board, a reflecting pond, changing rooms with showers and a built-in gas grill and kitchen area.