101 Fairhope Avenue Save Request In-Person Tour Request Virtual Tour
Fairhope,AL 36532
Key Details
Property Type Single Family Home
Sub Type Traditional
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $627
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,Tile,Wood,Laminate
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
Parking Type Detached,Double Garage
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