Rare 1965 Ford Mustang Shelby GT350 Discovered in Abandoned Home, a Hidden Gem Worth a Fortune

You never know what you’ll find in a fixer-upper, including another fixer-upper.

1965 Ford Mustang Shelby GT350 was found in Georgia

This 1965 Ford Mustang Shelby GT350 was found in an abandoned home in Georgia. (Matt Taylor)

Classic car hunter Matt Taylor told Fox News Autos the story of a rare American muscle car that his friend led him to in an abandoned home late last year.

Zach Taylor — no relation — saw an ad on Facebook for a 1966 Ford Mustang Shelby steering wheel and followed it up to discover a family had inherited the run-down house and belongings of a deceased relative who had a stash of cars and parts in the garage.

1965 Ford Mustang Shelby GT350 found in Georgia

The GT350 was rusty, but all-original. (Matt Taylor)

Among them were a 1991 Ford Mustang convertible and an appealing 1965 Ford Mustang K-Code coupe, but the real treasure was hidden under a cover where it had been sitting for around three decades: a complete 1965 Ford Mustang Shelby GT350, one of just 562 that were made that year.

The paint had some rust, thanks to the raccoons that had been living in the tarp and using it as a bathroom, and the trunk showed a fair amount of corrosion, but the interior and mechanical parts were in pretty good shape for a car that had been left untouched for so long.

HISTORIC 1965 FORD MUSTANG SHELBY GT350R SOLD FOR RECORD $4 MILLION

1965 Ford Mustang Shelby GT350 interior

The interior was largely intact and just needed to be cleaned. (Matt Taylor)

Matt cut a deal with the family to buy the entire lot and brought the car back to his shop. He refurbished the 289 cubic-inch V8 and got it running pretty easily; he replaced the suspension, fuel tank, exhaust and a few other components with correct parts.

1965 Ford Mustang Shelby GT350's 289 V8 engine

Matt Taylor was able to refurbish the 289 V8 and get it running again. (Matt Taylor)

The interior just needed to be cleaned and, for now, he’s left the old paint and patina intact to help it tell its story when he brings it to car shows.

Matt Taylor brought the 1965 Ford Mustang Shelby GT350 back to driving condition

Matt Taylor brought the GT350 back to driving condition, but has left its corroded appearance. (Matt Taylor)

Despite its rarity, don’t expect to see it on an auction site anytime soon. Matt said he plans to keep it, though it could be worth a pretty penny if he ever changes his mind.

According to the Hagerty Price Guide, a 1965 GT350 in decent shape is worth $300,000, while a show car-quality example could command $600,000 or more.

Related Posts

Chevrolet Impala 1961 – Where Classic Beauty Combines With Unrivaled Performance An Enduring Symbol Of Luxury And Style

Transport yourself back to 1961, a year that marked the introduction of the iconic 1961 Chevrolet Impala. This classic car, renowned for its timeless design and remarkable…

The Stunning Reveal of an Original 1963 Impala SS, Untouched and Unrestored!

While the 1965 Impala is the model that made history with an impressive annual sales performance (over 1 million units sold in 12 months), the 1963 sibling…

Unleash the hidden power of a 1969 Chevrolet Chevelle Malibu with a 396 cubic inch large displacement engine

Amid the captivating era of the 1960s, a symbol of unbridled strength and timeless refinement emerged—the 1969 Chevrolet Chevelle Malibu SS396 tribute. This meticulously restored marvel showcases…

1957 Chevrolet Bel-Air Hardtop Is A Profound Symbol Of A Classic Legend That Has Not Changed Through The Ages

Is there any classic automobile more emblematic than the 1957 Chevrolet Bel Air? Inquire of anyone, including search engines like Google, to identify the most iconic vintage…

Eerie House Abandoned for Decades Has Classic Cars Rotting Away in the Yard

American junkyards are packed with millions of classic cars nowadays. How did they get there? Well, while some owners got tired of driving old cars, others scrapped…

Abandoned Property Hidden in the Woods Has a Yard Full of Classic Cars

When talking about barn finds, we usually think of classic cars that have been pulled out of barns after a few decades. But the term is much…