101 Fairhope AVE Active Save Request In-Person Tour Request Virtual Tour
Fairhope,AL 36532
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $561
Subdivision Fairhope Single Tax
MLS Listing ID 7448768
Bedrooms 3
Full Baths 2
Year Built 1906
Annual Tax Amount $1,472
Tax Year 1472
Lot Size 0.410 Acres
Property 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.
Location
State AL
County Baldwin - Al
Direction West on Fairhope Avenue towards the pier from Greeno Road. Property is on the right.
Rooms
Basement None
Dining Room None
Kitchen None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Carpet,Laminate,Other
Fireplaces Type None
Appliance Dishwasher,Dryer,Gas Cooktop,Gas Oven
Laundry None
Exterior
Exterior Feature None
Fence Chain Link
Pool None
Community Features None
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View Y/N true
View Trees/Woods
Roof Type Other
Total Parking Spaces 5
Building
Lot Description Corner Lot,Level
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
Schools
Elementary Schools Fairhope West
Middle Schools Fairhope
High Schools Fairhope
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard