1 month on rocket

101 Fairhope Ave, Fairhope, AL, 36532

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,226 SqFt
$562/SqFt
House

Location

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101 Fairhope Ave, Fairhope$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Double Garage
Year Built1910
HeatingCentral
CoolingCentral Air
MLS #369738
Lot Size0.41 Acres
StatusActive

About 101 Fairhope Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1910
  • Living Area: 2,226 SqFt

Listing Office:

  • Office Name: Mobile Bay Realty
  • Office Phone: (251) 230-7555
  • Listing Agent: Judd Gillespie

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Carpet, Tile, Wood, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Double Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Fairhope Avenue towards the pier from Greeno Road. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $562/SqFt
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Housing Market Comparison

See how this home compares to others in Fairhope, AL.

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Fairhope, AL

City

Med. Sold Price

$496.2K

Med. Price/SqFt

$212

# of Sold Homes

49

101 Fairhope Ave vs Fairhope

53 DAYS ON ROCKET

$1,250,000

+$753.7K More

$562/SqFt

+$350 More

KEY TAKEAWAY

This property is $753.7K more than the Median Sold Price and $350/SqFt more than other homes in Fairhope, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #369738

Listing Office:

  • Office Name: Mobile Bay Realty
  • Office Phone: (251) 230-7555
  • Listing Agent: Judd Gillespie

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4435148
8
/10

  • Fairhope West Elementary School

  • 408 N Section St

  • 0.62 miles

  • Public District Grades KG-6

school-card-donut-4435149
10
/10

  • Fairhope East Elementary School

  • 2 N Bishop Rd

  • 1.89 miles

  • Public District Grades KG-6

school-card-donut-4435150
5
/10

  • J. Larry Newton Elementary School

  • 9761 County Road 32

  • 4.58 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,801. The most common annual income of people living in Fairhope, AL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Fairhope, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Fairhope, AL?

The housing landscape in Fairhope is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. Architectural styles in the area reflect a blend of Southern charm and coastal influences, with a significant number of properties featuring wrap-around porches and large windows to take advantage of the scenic views. The homeownership rate in Fairhope is high, reflecting a community that values long-term residency and investment in property.

Is Fairhope, AL a good place to live?

Fairhope prides itself on its vibrant arts scene and strong community spirit. The town is celebrated for its annual Arts and Crafts Festival, which draws visitors and artisans from across the region. The downtown area, with its unique boutiques and local eateries, serves as a hub for both socializing and cultural activities, embodying the town's quaint and hospitable character.

Are things conveniently located in Fairhope, AL?

Residents of Fairhope benefit from a robust educational system, which includes a number of public and private schools, offering a range of educational programs. The town is served by several healthcare facilities, providing residents with access to essential medical services. The local library is a cornerstone of the community, offering a variety of programs and resources. Retail and dining options in Fairhope reflect the local culture, with an emphasis on Southern cuisine and seafood, as well as shops that showcase the work of local artisans.

What does the transportation in Fairhope, AL look like?

Transportation options in Fairhope cater to a variety of preferences, with a focus on convenience and accessibility. The town features a network of roads that connect residents to nearby cities and attractions along the coast. Public transportation services are available, with schedules designed to accommodate the needs of commuters and those traveling within the town. For those who prefer alternative modes of transport, Fairhope offers bike-friendly routes and a walkable downtown area. Ride-sharing services are also available, providing an additional layer of convenience for residents and visitors.

Frequently Asked Questions About 101 Fairhope Ave

What is the listing price of this property?

The listing price of 101 Fairhope Ave property is $1,250,000.

What type of property is this?

The property 101 Fairhope Ave is a house located in Fairhope, Alabama, 36532.

Is this property for sale now?

Active Listing: 101 Fairhope Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 101 Fairhope Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 101 Fairhope Ave is 2,226 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 101 Fairhope Ave is 1910.

Rocket Homes›Alabama›Baldwin County›Fairhope›36532›101 Fairhope Ave

This home is located at 101 Fairhope Ave in Fairhope, AL and zip code 36532. This 2,226 square foot home, which was built in 1910, sits on a 0.41 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,250,000.

While more than 2 listings in Fairhope, AL in November 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 26 were sold below. The number of listings in Fairhope, AL decreased by 4.6% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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