101 Fairhope Ave, Fairhope, AL 36532
FOR SALE0.41 ACRES

101 Fairhope Ave
Fairhope, AL 36532

  • 3 Beds
  • 2 Baths
  • 2,226 sqft (on 0.41 acres)
  • 3 Beds
  • 2 Baths
  • 2,226 sqft (on 0.41 acres)

$1,485,000

Est. Mortgage $8,222/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Unlock the investment potential of a historic gem in the heart of Fairhope, Alabama. Presenting an unparalleledopportunity, 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 ofresidential 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.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$667
Listed
13 days ago

Home Details for 101 Fairhope Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2226 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Dishwasher, Dryer, Gas Cooktop, Gas OvenDishwasherDryerLaundry: None
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: 110 Volts, 220 VoltsHas Electric on Property
Windows, Doors, Floors & Walls
Window: NoneFlooring: Carpet, Laminate, Other
Levels, Entrance, & Accessibility
Levels: TwoAccessibility: Accessible Approach with Ramp, Accessible Electrical and Environmental ControlsFloors: Carpet, Laminate, Other
View
Has a ViewView: Trees/Woods

Exterior Features

Exterior Home Features
Roof: OtherPatio / Porch: Covered, Enclosed, Front Porch, Patio, Screened, Side PorchFencing: Chain LinkOther Structures: Garage(s), Guest House, OutbuildingExterior: NoneFoundation: Pillar/Post/Pier
Parking & Garage
Has Open ParkingParking Spaces: 5Parking: Covered,On Street
Pool
Pool: None
Frontage
Waterfront: NoneRoad Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 13

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential, Residential DetachedArchitecture: Bungalow
Building
Construction Materials: Wood Siding
Property Information
Parcel Number: 4603370006038511

Price & Status

Price
List Price: $1,485,000Price Per Sqft: $667

Location

Direction & Address
City: FairhopeCommunity: Fairhope Single Tax
School Information
Elementary School: Fairhope WestJr High / Middle School: FairhopeHigh School: Fairhope

Agent Information

Listing Agent
Listing ID: 7350112

Building

Building Area
Building Area: 2226 Square Feet

Community

Community Features: None

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 0.41 acres

Listing Info

Special Conditions: Standard

Energy

Energy Efficiency Features: None

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 7350112

Additional Information

None
Last check for updates: about 14 hours ago
Listing courtesy of Brooke Butler, (251) 232-9901
Mobile Bay Realty
Source: GCMLS, MLS#7350112

Price History for 101 Fairhope Ave

DatePriceEventSource
03/08/2024$1,485,000Listed For SaleGCMLS #7350112
07/19/2022ListingRemovedBaldwin Realtors #324691
01/10/2022$1,600,000Listed For SaleBaldwin Realtors #324691
12/04/2020$1,250,000Sold
Baldwin Realtors #292864
02/07/2020$1,500,000PriceChange
Agent Provided
10/28/2019$1,990,000Listed For SaleAgent Provided
09/28/2015$348,900ListingRemovedAgent Provided
06/08/2015$348,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2021
Tax$1,471
Assessment$859,800
Home facts updated by county records

Comparable Sales for 101 Fairhope Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$600,000
12/20/23
4
2
1,682
0.18
Single-Family Home
$2,072,000
02/22/24
3
3
4,139
0.16
Single-Family Home
$677,000
04/12/24
3
2
1,454
0.65
Single-Family Home
$570,000
01/16/24
3
2
2,282
0.62
Single-Family Home
$575,000
09/21/23
3
2
1,689
0.33
Single-Family Home
$499,999
12/15/23
3
2
1,300
0.36
Single-Family Home
$400,000
05/01/23
3
2
1,500
0.40
Single-Family Home
$1,200,000
07/14/23
4
4
3,056
0.78
Single-Family Home
$625,000
01/29/24
3
2
1,987
0.24
Single-Family Home
$2,300,000
02/07/24
5
4
3,884

What Locals Say about Fairhope

  • Bev Cox
    "I love Fairhope. It’s a great retirement area. Lots to do,many friends to meet and wonderful restaurants. "
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  • Ameliagordon653
    "Great, unique area that’s great for families. Great schools and local shops and the area is still growing with more things opening up "
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  • Jenny
    "Great community! I love my neighbors and my house. Fairhope is the best. Lots to do and people are nice. "
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  • Joe P.
    "Great place to raise kids. Clean and affordable. Friendly neighbors. Good schools private and public. "
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  • Stevenmarksolberg
    "Most people are dog friendly. It is always important to pick up after your dog to keep that respect positive."
    6
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  • Andrew C.
    "45 to Mobile , 45 to gulf shores, 98 is crowded in morning , all depends on traffic on anyway and causeway "
    2
    Flag
  • Cking10201
    "Waterfront property convenient to parks and boat launch. Friendly and private. Close to public beaches."
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  • John F.
    "Safe neighborhoods with excellent public and private schools. Has easy access to Mobile Bay for recreation"
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  • Mikemiller71
    "The schools are great and the area is safe. There are plenty of parks and beaches are close by. The cost of living is low as well. "
    8
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  • Cstovall
    "Dog owners would love the walkable streets, tree-lined, lighted, sidewalks. And several dog parks. People and retail and dog friendly. "
    1
    Flag
  • Amanda G.
    "Less than 10min to Fairhope park, 15min to Daphne, close enough to everything without being in the middle of it all. "
    1
    Flag
  • Maryardee
    "Halloween, decorating for Christmas. This is a close knit neighborhood. We bbq together and hang out. "
    6
    Flag
  • Cat
    "Like the sidewalks, dog park and walk by the bay. I wish there were more dog friendly restaurants and a dog beach in the area."
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  • Mary A. D. D.
    "It’s a small neighborhood and the people are friendly. The neighborhood has no HOA but everyone pitches in to make our common area look great!!!"
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  • Donnadorriety
    "Friendly and lots of great walking paths!Dogs must be leashed but just about everyone has a dog!! We even have parades for dogs at Mardi Gras! "
    5
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  • Baretyes323
    "I do not commute, but traffic is getting worse due to too many moving into the area and infrastructure not keeping up with growth."
    12
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  • Blake Wainwright
    "It’s a great place to raise a child. It’s got a great school. Very quiet town. Very beautiful, the bluff downtown is a must see. "
    1
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  • Josh G.
    "everything about it is great and welcoming to all residence or visitors. It's a great place to raise a family as well. "
    5
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  • Nichollemccallum
    "this is absolutely the most beautiful neighborhood. everyone who comes to visit us says its just absolutely gorgeous and they want to move here."
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  • Jimfawcett72
    "Everything from Arts and Craft festival that brings over 1/4 million people, to weekly events for adults and children. Ranked 3rd best public school and 9th overall in the state."
    4
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  • Panzatn
    "Publix schools are great and plenty of good private school options, including reasonably priced catholic grade school and high school. "
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  • Julia
    "Fairhope is a truly beautiful place to live. It’s so green and blue and PRETTY! I love that there’s nice variety of homes and people to get to know. My best friend lives right next door — my husband and I are so lucky to have met her husband and her!There’s always something fun and interesting going on here which either the town or the neighbors have organized, too. Lots of celebrating, of every holiday, all year long. Great flowers on all the corners downtown, too. Thank you, Fairhope!"
    2
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  • Rachelcoggins
    "No specific events, just the downtown area. It has a great vibe. There are lots of fabulous restaurants. "
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  • Sodeeplyfelt
    "Garage sales, 4th of July Pot lucks, holiday parties, neighbors helping neighbors with pets, trash cans, accepting packages for each other!"
    1
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  • Donnadorriety
    "The neighborhood is very neighborhood friendly and we have several neighborhood gatherings! This is a fun, friendly, and special neighborhood! We love our privacy but also our camaraderie! "
    1
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  • Jimgawcett72
    "Located central to Fairhope middle and High school, as well as founders park and Manley soccer complex. "
    1
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  • Baoeding
    "hate this city and neighbor. City is the noisest city I have lived in. City will do nothing to reduce the noise. Would move if I could. "
    2
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  • Pierced_bdolly
    "I’ve lived here for 19 yrs this neighborhood has always been calm and pretty friendly, it’s really quiet and far from road noise "
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  • Andy C.
    "Great neighborhood, quiet and friendly. Lots of kids and dogs. Great food, great outdoor adventures. Good schools and friendly people. "
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  • Donnadorriety
    "Great community gatherings and friendly neighbors! Lots of neighborly meetings in the streets and at the post office and garden center! Fun place to live !!"
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  • Donnadorriety
    "We have easy access to Hwy 98, Scenic Hwy 98, County Road 13, and County Road 181. Commuting is not an issue."
    1
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  • Jean A.
    "Lovely and caring neighbors Young and old. Women’s lunches they fall and winter. Beautiful neighborhood. "
    2
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  • Wallerg62
    "Gathering at the pool for some holidays about three or four times a year we have a big common area kids play all over about four acres "
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  • Joshuamsharman
    "Seclusion and no traffic or noise. The lack of HOA or nosy neighbors is the reason to stay out of subdivisions"
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  • Carol
    "Nice shops and restaurants. Beautiful sunsets and views. Many parks to enjoys for picnics and community events."
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  • jadaduffy
    "My neighborhood is safe and has mature trees all over. It’s friendly, festive during holidays, affordable, and well kept. "
    1
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  • Lturner77
    "Fairhope is a quaint little drinking town with a slight fishing problem. Lots of community events in the downtown area and a beautiful landscape anywhere you go. Fueled by mom n’ pop shops, artists both young and old, and a vibrant craft cocktail scene, this friendly little town is a perfect place to settle down. "
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LGBTQ Local Legal Protections

Brooke Butler, Mobile Bay Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
101 Fairhope Ave, Fairhope, AL 36532 is a 3 bedroom, 2 bathroom, 2,226 sqft single-family home built in 1906. This property is currently available for sale and was listed by GCMLS on Apr 12, 2024. The MLS # for this home is MLS# 7350112.