GREATER DOWNTOWN FAIRHOPE
Premier Development Opportunity
19.14± Acres | Volanta Avenue Fairhope, Alabama
Offered at $3,500,000
PROPERTY OVERVIEW

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An exceptional 19.14± acre tract—one of the few remaining development sites of this size west of Greeno Road in Greater Downtown Fairhope—adjacent to established neighborhoods and integrated into Fairhope's walkable, golf-cart lifestyle. From this setting, residents and patrons enjoy convenient access to Mobile Bay waterfront parks, downtown dining and cultural events, Flying Creek Nature Preserve, championship golf, tennis and pickleball, and daily necessities.
Equally compelling is the site's immediate context and visibility. It is located contiguous with The Reserve at Fairhope new luxury senior living and directly across from the City of Fairhope Sportsplex (indoor/outdoor pools, indoor track, ball fields, dog park, fitness classes), with pedestrian access. In addition, the eastern portion of the property is visible from the high-traffic Greeno Road commercial corridor (0.1 miles from the intersection, 30,000+ vehicles daily), suggesting an opportunity for a complementary neighborhood retail component that aligns with surrounding uses.
PROPERTY ADDRESS
702 Fairhope Avenue
Fairhope, AL 36532
Baldwin County
PARCEL IDS
40-0800-00-000-000-000
40-0800-00-000-000-001
40-0800-00-000-000-002
SITE CHARACTERISTICS
Total Acreage
19.14± acres (19.01± acre parcel + 0.13± acre parcel)
Frontage
1,320± feet on Volanta Avenue
Zoning
R-1 Residential (single-family permitted by right). Other uses subject to zoning review and City approval.
Topography
Primarily flat with gentle slope facilitating efficient drainage.
Existing Structures
Three existing on-site structures with month-to-month tenant arrangements providing opportunity for income during predevelopment ($1,000–$1,500/month potential).
Utilities
Utilities at or near site:
  • High-speed fiber internet
  • Natural gas
  • Electricity
  • Infrastructure serving adjacent development recently installed, including gravity flow sewer with multiple connection points
  • Municipal sanitary sewer
  • Municipal water
Buyer to verify access points, pressure, and drainage capacity.
LOCATION & PROXIMITY
Location Excellence
West of Greeno Road with walkable and golf-cart access to all major amenities in Greater Downtown Fairhope.
Nearby Destinations:
  • Interstate 10 (via US 98) – 8.7 miles
  • Fairhope Municipal Airport – 5 miles
  • Oakwood Golf Club – 4.8 miles
  • Quail Creek Golf Club – 4.6 miles
  • Rock Creek Golf Club – 2.0 miles
  • Publix – 1.6 miles
  • Public Tennis & Pickleball Courts – 1.4 miles
  • Greer's Market – 1.4 miles
  • Thomas Hospital – 1.3 miles
  • Flying Creek Nature Preserve – 1.0 mile
  • Downtown Fairhope – 1.0 mile
  • Fly Creek Marina – 0.8 miles
  • Fairhope Yacht Club – 0.7 miles
  • Mobile Bay Marina – 0.7 miles
  • US 98 / Greeno Road Commercial Corridor – 0.1 miles
  • Fairhope Sportsplex – Directly across the street
  • Reserve at Fairhope – Contiguous
FAIRHOPE MARKET & DEMOGRAPHICS
Demographics & Economic Strength
Fairhope represents one of Alabama's most sophisticated and affluent residential markets, distinguished by a community of independently wealthy individuals who have chosen this coastal haven for its exceptional quality of life. This affluence manifests in accumulated wealth from business transactions, investment income, and appreciation.
26K
Population (2024)
with sustained 3.34% annual growth
$87K
Median Household Income
40% above Alabama state average
$129K
Average Household Income
47.1
Median Age
years
9.6%
Low Poverty Rate
Baldwin County: Among Alabama's fastest-growing counties
Residential Market Performance
New homes in neighborhoods surrounding downtown Fairhope consistently sell between $1.5 million and $2.0 million ($450–$650 per square foot). Properties in established areas frequently transact in the high nines before formal market listing, reflecting sustained buyer confidence and limited inventory of premium residential opportunities.
LIFESTYLE & CULTURAL AMENITIES
This upscale coastal community supports year-round cultural attractions, recreational amenities, and exceptional quality of life. Fairhope's walkable downtown, active lifestyle options, and distinctive character create meaningful connectivity between the City Sportsplex and surrounding residential neighborhoods.
Daily needs, cultural attractions, and entertainment are all within easy reach—enabling the engaged, walkable lifestyle of a vibrant urban neighborhood.
Cultural Events & Entertainment
First Friday Art Walk • Eastern Shore Art Center and Fairhope Museum of History • 1,448-foot municipal pier with Mobile Bay sunsets • Downtown festivals, concerts, and seasonal celebrations
Dining & Shopping
Curated boutiques, galleries, and specialty retailers • Chef-driven restaurants
Recreation & Nature
Flying Creek Nature Preserve • Weeks Bay National Estuarine Research Reserve • Mobile Bay waterfront • Fairhope Sportsplex
Championship Golf
Lakewood Golf Club at The Grand Hotel • Rock Creek Golf Club • The Grand Hotel Golf Resort & Spa • Quail Creek Golf Club
DEVELOPMENT POTENTIAL
The property's substantial acreage and direct integration into Fairhope's established pedestrian-oriented fabric support a range of residential and potentially mixed-use configurations. City approvals for adjacent development demonstrate receptiveness to thoughtfully designed higher-density options where quality, character, and connectivity align with Fairhope's standards.

Current Zoning: R-1 Residential (single-family homes permitted by right; other uses subject to rezoning approval)
Potential Development Concepts:
Luxury townhomes
Multi-story residential with elevator access
Compact single-family and cottage neighborhood
Age-targeted or lifestyle-focused communities
Residential with boutique hospitality component
Residential with complementary neighborhood retail (subject to City approvals)
INFRASTRUCTURE & MUNICIPAL IMPROVEMENTS
Grant-Funded Intersection Enhancement
The City of Fairhope has secured grant funding for comprehensive upgrades to the Greeno Road and Volanta Avenue intersection, currently progressing through ALDOT review.
SURROUNDING CONTEXT & MARKET VALIDATION
Surrounding Development
The Reserve at Fairhope luxury senior living (opened Spring 2024) and ongoing Sportsplex enhancements demonstrate municipal investment and institutional confidence in the area.
Density Precedent
Adjacent property received PUD approval for a 200-unit luxury senior living community, demonstrating City receptiveness to appropriately designed higher-density residential development with complementary uses.
INVESTMENT HIGHLIGHTS
PROPERTY SUMMARY
Size
19.14± acres
Frontage
1,320± feet on Volanta Avenue
Zoning
R-1 Residential
Price
$3,500,000
CONTACT INFORMATION
Cheryl Stovall
STELLAR PROPERTIES
Brokered by EXP Realty
Phone: 251-206-9336
DISCLAIMER
All information herein is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale, or withdrawal without notice. All measurements, square footages, acreages, and other information are approximate and should be independently verified by purchaser. Prospective purchasers should conduct their own due diligence including verification of all utilities, zoning, development potential, site conditions, and all other material facts. This offering is subject to errors, omissions, and changes without notice.