4 Molokai Lane
Fairhope, AL 36532
- 5 beds
- 7 baths
- 4,700 sqft
- 14,287 sqft lot
- $509 per sqft
- 1975 build
- – on site
Welcome to luxury living in the heart of Point Clear, Alabama, within the Molokai Village community. This stunning 4,700 square foot home offers an unparalleled blend of elegance and comfort, surrounded by majestic live oaks and boasting breathtaking views of Mobile Bay. As you step into the grand foyer, you’ll be captivated by the 22’ ceilings in the great room, creating a sense of openness and grandeur. This spacious residence features 5 bedrooms and 5 full bathrooms, along with 2 additional half bathrooms for accommodating lots of guests. One of the highlights of this property is the outdoor oasis, featuring a heated pool and a versatile pool house, currently utilized as a sports game room. Above the game room, you’ll find an attached 2 bedroom guest house, offering privacy and convenience for visitors. The property also shares a community pier and provides direct bay access for water enthusiasts. Recent upgrades include a brand-new roof installed in 2023, ensuring peace of mind for years to come. The home also boasts a tankless water heater, and all HVAC units have been updated within the last 5 years, offering modern efficiency and comfort. Situated just a short golf cart ride from downtown Fairhope and the iconic Grand Hotel, this home offers a blend of privacy and convenience. Whether you’re enjoying the serene bay views, taking a dip in the pool, or exploring the vibrant local community, this property provides an exceptional lifestyle in one of Alabama’s most sought-after locations. Experience the best of Point Clear living—schedule your private showing today. Buyer to verify all information during due diligence.
Last checked:
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Last updated Jan 10, 2025
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MLS# 366873 —
The Building
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Year Built:1975
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New Construction:false
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Construction Materials:Hardboard
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Architectural Style:Other-See Remarks
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Roof:Dimensional, Metal, Fortified Roof
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Levels:Two
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Exterior Features:Irrigation Sprinkler, Termite Contract
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Patio And Porch Features:Covered, Patio
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Building Area Total:4700
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Building Area Units:Square Feet
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Building Area Source:Seller
Interior
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Interior Features:Attached Sep Living Suite, Office/Study, Ceiling Fan(s), En-Suite, High Ceilings
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Flooring:Split Brick, Tile, Wood
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Kitchen Level:Second
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Furnished:Unfurnished
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Living Room Level:Second
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Family Room Level:Second
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Fireplace:true
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Fireplaces Total:2
Room Dimensions
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Living Area:4700
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Living Area Units:Square Feet
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Living Area Source:Seller
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Kitchen Area:286
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Kitchen Length:22
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Kitchen Width:13
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Living Room Length:24
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Living Room Area:888
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Living Room Width:37
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Family Room Area:888
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Family Room Length:24
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Family Room Width:37
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Master Bedroom Area:374
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Master Bedroom Length:17
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Master Bedroom Width:22
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Bedroom 2 Area:252
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Bedroom 2 Length:14
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Bedroom 3 Length:12
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Bedroom 2 Width:18
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Bedroom 4 Length:22
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Bedroom 3 Area:216
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Bedroom 3 Width:18
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Bedroom 5 Length:12
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Bedroom 4 Area:242
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Bedroom 4 Width:11
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Bedroom 5 Area:216
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Bedroom 5 Width:18
Financial & Terms
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Ownership:Whole/Full
Location
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Directions:Head south on Scenic 98, situated between Gambinos and The Grand Hotel. Turn right onto Molokai Lane; the home is on the right side of the cul-de-sac.
The Property
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Property Type:Residential
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Property Subtype:Other-See Remarks
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Property Attached:false
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Other Structures:Pool House, Cabana, Guest Cottage
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Property Condition:Resale
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Zoning Description:Single Family Residence
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Parcel Number:4506244000003.000
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Lot Size Area:14287.68
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Lot Features:Less than 1 acre, Cul-De-Sac, Level, Few Trees, Subdivision
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Lot Size Acres:0.328
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Lot Size SqFt:14287.68
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Lot Size Dimensions:162.9 x 92.5 Irr
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Lot Size Units:Square Feet
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Fencing:Fenced
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View:true
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View:Pool Area View, Direct Bay-Across Rd
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Water Source:Well
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Waterfront Features:Bay Access (<=1/4 Mi), Deeded Access, Other-See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (251) 490-1999
- Office phone:
- (251) 928-9265
Taxes
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Tax Annual Amount:4078.36
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Tax Legal Description:162.9 X 92.5 Irr Lot 4 Molokai Village & 1 7 Int In The S 2 Of Lot 6 & N 2 Of Lot 7 & 1 7 Int In Beach Sec 24-T6s-R1 E (Wd)
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Tax Lot:4
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Tax Block:4
Beds
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Bedrooms Total:5
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Bedroom 4 Level:Second
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Bedroom 5 Level:Second
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Master Bedroom Level:Main
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Master Bedroom Features:1st Floor Primary, Fireplace, Walk-In Closet(s), Balcony/Patio
Baths
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Total Baths:6
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Total Baths:7
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Full Baths:5
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Half Baths:2
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Master Bath Features:Double Vanity
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Underground Utilities, Water Heater-Tankless
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Sewer:Grinder Pump, Public Sewer
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Gas Range, Refrigerator, Tankless Water Heater
Schools
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Elementary School:Fairhope West Elementary
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Middle Or Junior School:Fairhope Middle
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High School:Fairhope High
The Community
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Subdivision Name:Molokai Village
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Community Features:Water Access-Deeded
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Association:true
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Association Fee:300
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Association Fee Frequency:Annually
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Association Fee Includes:Maintenance Grounds
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Pool Features:In Ground
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Pool Private:true
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Subdivision:AL
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Pets Allowed:More Than 2 Pets Allowed
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Golf Cart Garage, None
Monthly cost estimate

Asking price
$2,395,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,824
|
Taxes | $339 |
Insurance | $658 |
HOA fees | $25 |
Utilities | $259 See report |
Total | $14,105/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/7/24
Nov 7, 2024
|
Price Changed | BCAR | $2,395,000 | -4.0% |
10/8/24
Oct 8, 2024
|
Price Changed | BCAR | $2,495,000 | -3.9% |
8/22/24
Aug 22, 2024
|
Listed / Active | BCAR | $2,595,000 | 148.3% (18.1% / YR) |