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2 Masonic Dr #A, Fairhope, AL, 36532

1beds
1baths
400sqft
$425,000
$1,063price/sqft
$2,766/moest. monthly cost
$110,640/yrincome needed

About This Home

Live steps from everything downtown Fairhope has to offer in this efficient and charming 1-bedroom, 1-bath, 400 sq ft unit perfectly positioned in the center of town. The layout is simple and functional, ideal for low-maintenance living or a weekend retreat.What truly sets this property apart is the large, common area courtyard — a rare find in the downtown district. Whether you’re looking for a lock-and-leave getaway, a rental investment, or a minimalist downtown lifestyle, this property delivers unbeatable walkability.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

10/10
10/10
Fairhope Middle SchoolGrades 7-82.2 mi
9/10
Fairhope High SchoolGrades PK,9-121.9 mi

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Dimensional

Type & Style

  • Home type: SingleFamily
  • Architectural style: Condo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Wood,Other Floors/See Remarks

Heating & Cooling

  • Heating features: Central
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 400 sqft

Property

Details

  • Parcel number: 460337
  • Special condition: None

Features

  • Stories: 2
  • Pool features: None
  • Has view: Yes
  • View description: None/Not Applicable
  • Waterfront features: No Waterfront

Lot

  • Features: Less Than 1 Acre

Parking

  • Parking features: Detached

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
    HurricaneVery High
  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$275$3,300
Property Taxes $102$1,224
Electricity $240$2,881
Total$2,766$33,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,834/yr
40% on housing$82,980/yr
45% on housing$73,760/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,063This listing

vs Other Active Listings

Avg $/sqft

ZIP 36532$245
Baldwin County$239

vs Homes Sold Last Month

Median $/sqft

ZIP 36532$221
Baldwin County$189

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)

No zestimate history available

Price History

DateEventPrice
2026-07-28Price change$425,000
2026-05-20Listed for sale$495,000

For Sale by Agent

AgentJohn Bethea
BrokerageFairhope Real Estate, Inc.

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