Little River Music Valley, which was located on 40 acres adjacent to Faulkner's former Tecumseh residence, was seized by authorities.
Other items seized include several Apple computers, a vast collection of remote control cars, musical instruments and high-end home appliances.
Most of the money raised at the auction will be used to pay restitution in the health care fraud case.
Dakil said the high-end recording equipment has been drawing interest from outside the Oklahoma City area.
“People have been calling from all over the country about these items,” Dakil said. “This guy, Mr. Faulkner, he bought only the best money could buy.”
Faulkner, who was sentenced to 51 months in federal prison in June, is currently at a medium-security facility in El Reno, records show.
He is scheduled to be released January 2016.
A list of items — and photographs of them — is available at the auction company's website, www. dakil.com.