561 Falling Water Blvd, Fairhope, AL, 36532
About This Home
Welcome Home to The Waters at Fairhope! This GOLD FORTIFIED Home was designed by Bob Chatham Custom Home Design and built by Builder Pat Achee in 2016. Features 4BR/4.5BA on the main level with a Bonus Room upstairs, 10’ and 12’ Ceilings, Heart pine Hardwood Floors, 8’ Interior Doors, Open Floor Plan, Great Room with Gas Log Fireplace, Dining Room, Gourmet Kitchen with Granite Countertops, Custom Cabinetry, Stainless Steel appliances, SubZero Refrigerator, Walk-in Pantry with Wine Cooler and another Refrigerator, Breakfast Room, Primary Bedroom has an adjoining Bath with Double Vanities, Zero Entry Shower, Soaking Tub and Large Walk-in Closet, (3) Additional En-Suite Bedrooms, Hall Half Bath, Side Entry Triple Garage, Front, Back, and Side Porches with Wood Ceilings, Tankless Hot Water, Generator, Irrigation System on a Well, and Beautiful Landscaping. Buyer to verify all information during due diligence.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2016
Materials
- Roof: Dimensional
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Microwave,Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Internet,Ceiling Fan(s),High Ceilings,Termite Contract,Split Bedroom Plan
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Gas Log,Great Room
- Fireplace: Yes
Heating
- Heating features: Heat Pump,Electric
Interior Area
- Total interior livable area: 4,199 sqft
Property
Details
- Parcel number: 4602030000004.026
- Special condition: None
Features
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Side Porch,Front Porch
- Exterior features: Irrigation Sprinkler
- Has view: Yes
- View description: Southern View
- Waterfront features: No Waterfront
Lot
- Lot size: 0.73 Acres
- Features: Level,Some Trees,Subdivision,Less Than 1 Acre
Parking
- Total spaces: 3
- Parking features: Attached,Side Entrance,Three Car Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Inland Flooding
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $907 | $10,884 |
| Property Taxes | $338 | $4,056 |
| Electricity | $469 | $5,638 |
| Total | $8,793 | $105,516 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $1,400,000 |
| 2016-06-01 | Sold | $749,000 |
For Sale by Agent
View on Zillow