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$674,000
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Property Description
3 Acre Estate in Baldwin County, Alabama Welcome to a captivating 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 4 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. This property is zoned BCZ (Base Community Zoning), opening doors to various income opportunities and development possibilities. Currently, the property generates income with two tenants in place, ensuring immediate returns on investment. 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 ONLY Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 11575 Co Rd 48
General
- Price: $674,000
- Taxes: $2,517
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 359432
- Updated: 11/11/2024
- Added to Site: 154 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Gas Range, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 1st Floor Primary, 21 x 18, Main, 378 Sq. Ft.
- Bedroom 2: 10 x 12, Main, 120 Sq. Ft.
- Bedroom 3: 15 x 12, Main, 180 Sq. Ft.
- Bedroom 4: 11 x 13, Main, 143 Sq. Ft.
Other Rooms
- Kitchen: 10 x 10, Main, 100 Sq. Ft.
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Covered, Patio, Rear Porch
Parking
- Garage: Yes
- Covered Spaces: 2
- Parking Features: Detached, Double Garage, Automatic Garage Door
Location
- Area: Fairhope 8
- County: Baldwin
- Subdivision: None
- Driving Directions: East on 48 from 181. Property is on left just past County Road 33.
School Information
- Elementary School: Fairhope East Elementary
- Middle School: Fairhope Middle
- High School: Fairhope High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric (Cool)
- Heating Type: Central
Utilities
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Brick
- Roof: Composition
- Stories/Levels: 1
- Building Size: 2321
- Square Feet: 2,321
- Sq. Ft. Source: Seller
- Year Built: 1970
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Guest Cottage, Storage
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Dimensions: 312 x 417
- Lot Features: 1-3 acres
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $2,517
Disclosures and Reports
- Ownership: Whole/Full
- 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
- Property ID: 4606130000011
Listed by Mobile Bay Realty
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Price & Sales History for 11575 Co Rd 48
Date
Details
Price
Change
Source
11/11/2024
Price Reduced
$674,000
-0.96%
MLS
10/04/2024
Price Reduced
$680,500
-0.73%
MLS
8/08/2024
Listed
$685,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11575 Co Rd 48
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,452
25%
$109,560
23%
2022
$2,755
9%
$88,880
10%
2021
$2,517
—
$80,740
4%
2021
$2,517
33%
$77,940
15%
2019
$1,894
230%
$67,660
100%
2018
$574
—
$33,820
10%
2017
$574
-22%
$30,660
-8%
2016
$737
—
$33,160
3%
2015
$737
—
$32,340
6%
2014
$737
2%
$30,420
2%
2013
$724
—
$29,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11575 Co Rd 48
11575 County Road 48, Fairhope, AL 36532 (MLS# 359432) is a Single Family property with 4 bedrooms and 2 full bathrooms. 11575 County Road 48 is currently listed for $674,000 and was received on August 08, 2024. Want to learn more about 11575 County Road 48? Do you have questions about finding other Single Family real estate for sale in Fairhope? You can browse all Fairhope real estate or contact a Coldwell Banker agent to request more information.