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

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Condreay Group

condreaygroup@gmail.com +1(850) 739-1874

$ 1,250,000

Est. payment -/mo

Save

Price Dropped by $147K

101 Fairhope Avenue Fairhope, AL 36532

3 Beds

2 Baths

2,226 SqFt

UPDATED:

11/20/2024 09:16 PM

Key Details

Property Type Single Family Home

Sub Type Traditional

Listing Status Active

Purchase Type For Sale

Square Footage 2,226 sqft

Price per Sqft $561

Subdivision The Bluffs - Fairhope

MLS Listing ID 369738

Style Traditional

Bedrooms 3

Full Baths 2

Construction Status Resale

Year Built 1910

Annual Tax Amount $1,471

Lot Size 0.410 Acres

Lot Dimensions 132 x 132

Property Description

Unlock the investment potential of a historic gem in the heart of Fairhope, Alabama. Presenting an unparalleled opportunity, 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 of residential 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. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fairhope 5

Interior

Heating Central

Cooling Central Electric (Cool)

Flooring Carpet, Laminate, Tile, Wood

Fireplace Yes

Appliance Other

Exterior

Garage Detached, Double Garage

Fence Fenced

Community Features None

Utilities Available Fairhope Utilities

Waterfront No

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition

Garage Yes

Building

Lot Description Less than 1 acre, Corner Lot

Foundation Pillar/Post/Pier

Architectural Style Traditional

New Construction No

Construction Status Resale

Schools

Elementary Schools Fairhope West Elementary

Middle Schools Fairhope Middle

High Schools Fairhope High

Others

Ownership Leasehold

Listed by Mobile Bay Realty

Condreay Group

Realtor | License ID: SL3489834

+1(850) 739-1874

Condreay Group

101 Fairhope Avenue Fairhope, AL 36532

Key Details

Location

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

Tour the Home

101 Fairhope Avenue