11575 COUNTY ROAD 48 Fairhope, AL 36532 | None | Residential Detached | Ranch

$1,102,500

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2321 sqft.
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Description

7.3 Acre Estate in Baldwin County, Alabama Welcome to a captivating 7.3 acre property tucked away in picturesque Baldwin County, Alabama. This remarkable property offers a blend of charm, versatility, and income potential, making it a sought-after investment opportunity. At the heart of the acreage lies a spacious 2,300+/- sq ft main residence, featuring 3 bedrooms, 2 baths, and a newly fortified metal roof installed in 2023. Adjacent to the main residence is a one-bedroom, one-bath guest cottage, perfect for hosting visitors or generating rental income. The property also boasts a substantial 3,168 sq ft metal warehouse, providing ample storage or workspace options. Additionally, a 1,800 sq ft office building with five offices, reception area, and break room offers professional workspace for various business endeavors. For additional storage or shelter needs, a 512 sq ft metal barn is conveniently located near the main pasture. Completing the estate is a cozy 1,350 sq ft three-bedroom, one-bath home with two lean-to shops, offering a comfortable living space with room for hobbies or crafts. Spanning 7.3 acres across three parcels, each with its own potential, this property is zoned BCZ (Base Community Zoning), opening doors to various income opportunities and development possibilities. Includes parcels PIN #3223, #110854, and #378612. Currently, the property generates income with three tenants in place, ensuring immediate returns on investment. The property also has hookups for two mobile homes with water, power, and septic already on site. Its prime location in Baldwin County provides easy access to Fairhope, Daphne, Spanish Fort, Gulf Shores, and other desirable areas along the Gulf Coast. Whether you're an investor seeking a profitable venture or a homeowner looking for a spacious property, this property offers versatility and endless possibilities. Schedule your viewing today and seize this incredible opportunity. PROPERTY IS OCCUPIED. SCHEDULE SHOWINGS BY APPT

Property Details

List Price $1,102,500 List Date 2024-02-12 MLS ID 357652 Status Active Property Type Residential Detached Property Sub Type Ranch County Baldwin

structure

Style Ranch attached garage y n No Full Baths 2 Half Baths 0 Total Baths 2 bedrooms total 3 building area source Assessor building area total 2321.0 building area units Square Feet carport y n No construction materials Brick, Metal Siding cooling Central Electric (Cool) cooling y n Yes covered spaces 2.0 Features Exterior RV Hookup, Termite Contract # Fireplaces 1 fireplace y n Yes flooring Carpet, Tile, Laminate, Other Floors-See Remarks garage y n Yes heating y n No interior features Ceiling Fan(s) leasable area units Square Feet levels One living area 2321.0 living area source Assessor living area units Square Feet new construction y n No other structures Barn(s), Guest Cottage, Storage Parking Features Detached, Double Garage, Automatic Garage Door patio and porch features Covered, Patio, Rear Porch property attached y n No property condition Resale roof Metal stories 1 year built 1970

characteristics

community features None fencing Partial Lot Description 5-10 acres Acres 7 lot size area 7.35 Lot Dimensions 417 x 313 Lot SqFt 320166.0 lot size units Acres view None/Not Applicable view y n No waterfront features No Waterfront waterfront y n No

school

elementary school Fairhope East Elementary high school Fairhope High middle or junior school Fairhope Middle

hoa

association y n No

tax

parcel number 4606130000011.000 tax annual amount 2517.2 tax legal description 312.2 X417.4 IRR BEG AT PT 2045 W 38.5 N OF SE COR NE1 4 TH W417.4 TH N312.2 TH E 417.4 TH S 313.3 T

contract

ownership Whole/Full foreclosure y n No short sale y n No

compensation

Buyer Agency Comp. 2.2 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the Baldwin REALTORS MLS.
This listing was last updated on 2/17/2024 8:08:26 PM (UTC)


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The buyer agent compensation offered only applies to participants and data share participants of the Baldwin REALTORS MLS.