Homes for sale - 101 Fairhope AVE, Fairhope, AL 36532

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Listed by Brooke Butler • Mobile Bay Realty

$ 1,250,000

Est. payment -/mo

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101 Fairhope AVE Fairhope, AL 36532

3 Beds

2 Baths

2,226 SqFt

UPDATED:

11/20/2024 05:18 PM

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 false

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

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101 Fairhope AVE Fairhope, AL 36532

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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101 Fairhope AVE