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101 Fairhope Avenue

Fairhope, AL 36532

3 beds
2 baths
2,226 sqft
~1/2 acre lot
$627 per sqft
1910 build
– on site

Unlock the investment potential of a historic gem in the heart of Fairhope, Alabama. Presenting an unparalleled opportunity, this iconic property, dating back to 1910, is now on the market for investors with a keen eye for prime real estate. Strategically positioned on nearly half an acre and zoned B3B, the estate is mere steps from Fairhope Pier and the vibrant downtown district, positioning it as a premier investment in Fairhope's thriving real estate landscape. Situated at the sought-after crossroads of Fairhope Avenue and Bayview Street, this two-story residence is surrounded by lush, mature trees, offering an oasis of tranquility within a bustling urban setting.The property boasts a meticulously renovated 1BR/1BTH guest cottage within its expansive double lot, presenting a unique blend of residential charm and commercial viability. With its flexible B3B zoning, the estate is perfectly suited for a variety of uses, including single and multi-family dwellings, mixed-use developments, professional offices, retail spaces, and hospitality ventures such as hotels, motels, restaurants, and bars. This zoning also opens the door to profitable short-term rental ventures, further elevating its attractiveness in the dynamic Fairhope market.This exceptional property represents a rare investment in downtown Fairhope's storied past and bright future. Investors are encouraged to perform thorough due diligence to fully understand the lucrative potential of this distinctive offering. Contact your preferred real estate professional for an in-depth exploration of this unmatched investment opportunity, where historical elegance converges with contemporary flexibility in one of Fairhope's most coveted locales. Buyer to verify all information during due diligence.

Listing courtesy of BCAR / Mobile Bay Realty

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# 369738 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1910
Construction Materials:

Wood Siding
Architectural Style:

Traditional
New Construction:

false
Roof:

Composition
Levels:

Two
Foundation Details:

Pillar/Post/Pier
Building Area Total:

2226
Building Area Units:

Square Feet
Building Area Source:

Assessor

Interior

Furnished:

Unfurnished
Kitchen Level:

Main
Living Room Level:

Main
Flooring:

Carpet, Tile, Wood, Laminate
Fireplace:

false

Room Dimensions

Living Area:

2226
Living Area Units:

Square Feet
Living Area Source:

Assessor
Kitchen Area:

154
Kitchen Length:

14
Kitchen Width:

11
Living Room Length:

29
Living Room Area:

406
Living Room Width:

14
Master Bedroom Area:

238
Master Bedroom Length:

14
Master Bedroom Width:

17
Bedroom 2 Area:

182
Bedroom 2 Length:

14
Bedroom 3 Length:

13
Bedroom 2 Width:

13
Bedroom 3 Area:

169
Bedroom 3 Width:

13

Location

Directions:

West on Fairhope Avenue towards the pier from Greeno Road. Property is on the right.

The Property

Parcel Number:

4603370006038.511
Property Type:

Residential
Property Subtype:

Traditional
Property Condition:

Resale
View:

false
View:

None/Not Applicable
Lot Features:

Less than 1 acre, Corner Lot
Lot Size Area:

17859.6
Lot Size Acres:

0.41
Lot Size SqFt:

17859.6
Lot Size Dimensions:

132 x 132
Lot Size Units:

Square Feet
Property Attached:

false
Waterfront:

false
Waterfront Features:

No Waterfront
Fencing:

Fenced

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1471.27
Tax Legal Description:

132 X 132 IMP ON LOT 2 AND 3 BLOCK 9 DIV 1 FST FAIRHOPE SI NGLE TAX CORP LANDS GR SEC 37-T6S-R2E (WB

Beds

Bedrooms Total:

3
Bedroom 2 Level:

Second
Bedroom 3 Level:

Second
Master Bedroom Level:

Second

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Electric (Cool)
Cooling:

true

Utilities

Utilities:

Fairhope Utilities

Appliances

Appliances:

Other

Schools

Elementary School:

Fairhope West Elementary
Middle Or Junior School:

Fairhope Middle
High School:

Fairhope High

The Community

Subdivision Name:

The Bluffs - Fairhope
Community Features:

None
Association:

false

Parking

Garage:

true
Attached Garage:

false
Carport:

false
Parking Features:

Detached, Double Garage
Covered Spaces:

2

Monthly cost estimate

Asking price

$1,397,000

Expense	Monthly cost
Mortgage	$7,480
Taxes	$122
Insurance	$384
Utilities	$209 See report
Total	$8,195/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
10/25/24 Oct 25, 2024	Listed / Active	BCAR	$1,397,000	11.8% (3.0% / YR)
12/4/20 Dec 4, 2020		BCAR	$1,250,000

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This house located in Fairhope, AL 36532 is currently for sale for $1,397,000. 101 Fairhope Avenue is a 2,226 square foot house with 3 beds and 2 baths that has been on Estately for 6 days. This house is in the attendance area of Fairhope West Elementary School, Fairhope Middle School, and Fairhope High School.

Listing Courtesy of: BCAR and Mobile Bay Realty.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.