See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

513 3rd St, Fairhope, AL, 36532

2beds
2baths
1,316sqft
$454,900
$346price/sqft
$2,943/moest. monthly cost
$117,720/yrincome needed

About This Home

Welcome to your opportunity to own a rare piece of downtown Fairhope living with space, privacy, and flexibility that is hard to find this close to it all. Situated on a generous lot just minutes from the heart of Fairhope, this property offers the perfect blend of charm, functionality, and lifestyle.Step inside to a warm and inviting layout filled with natural light, creating a comfortable flow for everyday living or weekend gatherings. The kitchen and living areas connect seamlessly, making it easy to entertain or unwind after a day enjoying everything downtown Fairhope has to offer.What truly sets this property apart is the outdoor living and flexibility. Enjoy your morning coffee or evening breeze from the screened porch and expansive deck, surrounded by mature trees and a sense of privacy that is rare in this location. The detached garage and additional storage provide space for hobbies, equipment, or potential workspace, while the RV hookup adds even more versatility.With no HOA and not located in the Fairhope Single Tax district, this property offers freedom and value that is increasingly difficult to find in this area.Whether you are looking for a full-time residence, second home, or investment opportunity, this home delivers location, land, and lifestyle all in one.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

10/10
10/10
Fairhope Middle SchoolGrades 7-81.7 mi
9/10
Fairhope High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Composition,Ridge Vent
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),High Speed Internet
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,316
  • Total interior livable area: 1,316 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Features: 1st Floor Primary
  • Level: Main

Property

Details

  • Parcel number: 4603370014178.000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Rear Porch,Front Porch
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Fenced
  • Has view: Yes
  • View description: None
  • Waterfront features: No Waterfront

Lot

  • Lot size: 0.28 Acres
  • Features: Corner Lot,Few Trees
  • Lot size dimensions: 129 x 143 x 43 x 178 IRR

Parking

  • Total spaces: 3
  • Parking features: Attached,Detached,Garage,Carport,Garage Door Opener
  • Has garage: Yes
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 1

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 $2,300$27,600
Home Insurance *$294$3,528
Property Taxes $109$1,308
Electricity $240$2,881
Total$2,943$35,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,902/yr
40% on housing$88,290/yr
45% on housing$78,480/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

$346This 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)

Price History

DateEventPrice
2026-02-03Price change$469,000
2025-10-16Price change$469,500
2025-09-08Price change$499,900
2025-08-29Price change$523,500
2025-07-18Price change$535,000
2025-06-24Listed for sale$550,000
2009-05-01Sold$224,000
2009-01-04Price change$219,900
2008-10-25Listed for sale$239,900

For Sale by Agent

AgentRachel Miller
BrokerageElite Real Estate Solutions, LLC

Similar Homes