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37
Photos
101 Fairhope Avenue, Fairhope, AL 36532
$1,485,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,226
sqft
Built in
1906
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.
Features & Amenities
Interior
- General:
- Other
- Appliances:
- Dishwasher, Dryer, Gas Cooktop, Gas Oven
- Laundry:
- None
- Basement:
- None
- Flooring:
- Carpet, Laminate, Other
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- None
- Disability Feature:
- Accessible Approach with Ramp, Accessible Electrical and Environmental Controls
- Eco/Green Feature:
- None
Exterior
- General:
- Garage(s), Guest House, Outbuilding
- Style:
- Bungalow
- Pool:
- None
- Parking:
- Covered, On Street
Construction
- Roofing:
- Other
- Windows:
- None
- General:
- Wood Siding, Two, Pillar/Post/Pier
Location
- Road/Access:
- City Street
- HOA Amenities:
- 0.0
- Originating MLS:
- GCMLS2
- County:
- Baldwin - AL
Lot
- Topography:
- Level
- Zoning:
- 4603370006038511
- View:
- Trees/Woods
- Fencing:
- Chain Link
Utilities
- Utilities:
- Electricity Available, Natural Gas Available, Sewer Available, Water Available, 110 Volts, 220 Volts
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- GCMLS2
This listing courtesy of:
Mobile Bay Realty, Brooke Butler
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Fairhope, AL
Housing
- Number of Units
- 19,154
- Median Home Value
- $318,015
- Median Rent
- $1,021
16.22% of housing units are renter occupied.
10.34% are vacant.
Commute
- Car
-
67.35%
- Public Transportation
-
0.09%
- Walk to Work
-
0.58%
- Work from Home
-
30.26%
- Other
-
1.53%
The median travel time to work is 18 minutes.
People
- Population
- 41,114
- Median Age
- 45.30
- Median Household Size
- 2.72
Education
- High School
-
18.56%
- Associate’s Degree
-
8.59%
- Bachelor’s Degree
-
30.24%
- Graduate Degree
-
17.85%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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