• 101 Fairhope Avenue Fairhope, AL 36532

  • $1,485,000
  • 3
    Bed(s)
  • 2
    Baths
  • 2,226
    Sq Ft
  • 17859.6
    Sqft

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.

Property Type :

Residential

Subdivision :

Fairhope Single Tax

County :

Baldwin

Style :

Residential

Sell a home like this and save $88,601 Find Out How

Property Details

 

Bathroom Information

Total Baths: 2

Full Baths: 2

Kitchen Information

Dining Room Remarks: None

Kitchen Room Remarks: None

Room Information

Total Bedrooms : 3

Window Feature : None

Interior Features

Other

Roof : Other

Appliances : Dishwasher, Dryer, Gas Cooktop, Gas Oven

Laundry Features: None

Roofing Information

Other

Flooring Information

Carpet, Laminate, Other

Heating & Cooling

Heating: Central

Cooling: Central Air

WaterSource: Public

Building Information

Year Built: 1906

Construction: Wood Siding

Basement: None

Exterior Features

None

Foundation Details: Pillar/Post/Pier

Porch: Covered, Enclosed, Front Porch, Patio, Screened, Side Porch

Pool Information

None

Road Type

Asphalt

City Street

Fencing

Chain Link

Lot Information

Lot Dimensions: 132x132

Lot Description: Corner Lot, Level

Lot Size Area: 17859.6

Lot Size Units: Square Feet

Lot Square Feet: 17,860

Lot Acres: 0.41

Waterfront: None

Main Square Feet: 17859.6

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Bungalow

Subdivision: Fairhope Single Tax

Tax Information

Tax Lot: 0

Parcel Number: 4603370006038511

Annual Tax: $1472

Parking Information

Parking Total: 5

Covered, On Street

School Information

Elementary School: Fairhope West

Junior High School: Fairhope

Senior High School: Fairhope

Utility Information

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
146 Augusta Court, Fairhope, AL,36532 $1,899,000 5 6.5 7,657 31363.2 Sqft
School Street #147, Fairhope, AL,36532 $150,000 -- -- -- 16988.4 Sqft
School Street #146, Fairhope, AL,36532 $150,000 -- -- -- 16988.4 Sqft
School Street #145, Fairhope, AL,36532 $150,000 -- -- -- 16988.4 Sqft
702 Volanta Avenue, Fairhope, AL,36532 $4,000,000 -- -- -- 19 Acres
14652 Greeno Road, Fairhope, AL,36532 $300,000 -- -- -- 4 Acres
10765 Mary Ann Beach Road, Fairhope, AL,36532 $265,000 -- -- -- 6.4 Acres
Harvest Ridge #25, Fairhope, AL,36532 $96,500 -- -- -- 9751 Sqft
Charley Boothe Road, Fairhope, AL,36532 $1,000,000 -- -- -- 8 Acres
51 Ramey Lane #51, Fairhope, AL,36532 $999,900 -- -- 2,521 --

Copyright © 2022 by the Multiple Listing Service of the Gulf Coast MLS - Mobile Area Association of REALTORS®, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Gulf Coast MLS - Mobile Area Association of REALTORS®, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/21/2024 @ 10:35

MLS: 7350112
LISTED BY: Brooke Butler, Mobile Bay Realty
SOURCE: GCMLS2
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $88,601 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion