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$6,300,000
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Property Description
Emma's Bayhouse is a rare live/work hospitality and event opportunity in the heart of Fairhope, just steps from Mobile Bay and the Fairhope Municipal Pier. Currently configured as a charming bed-and-breakfast and event venue, this unique property combines coastal living with significant income-producing potential. Commercially zoned and designed to accommodate gatherings of up to 150 guests, the property features a fire sprinkler system, elevator, ADA-accessible restrooms, commercial kitchen, multiple guest suites, expansive first- and second-story porches, and beautiful indoor and outdoor gathering spaces. Located immediately adjacent to the Fairhope Municipal Pier and bayfront park, the property benefits from convenient nearby public parking, ADA-accessible waterfront amenities, and exceptional walkability to downtown Fairhope's restaurants, shops, parks, and attractions. The property is being offered fully furnished, creating a compelling turnkey opportunity for an owner-operator, hospitality investor, event venue operator, or buyer seeking a distinctive Fairhope residence with the ability to generate income. Live on-site, operate the business personally, or utilize an on-site manager while taking advantage of the property's combination of lodging, events, hospitality, and coastal lifestyle potential. Few properties in Fairhope offer this combination of location, commercial functionality, accessibility, accommodations, and proximity to Mobile Bay.
Full Property Details
Full Property Details for 202 S Mobile St
General
- Price: $6,300,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 689670
- Updated: 10/4/2026
- Added to Site: 10 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 5
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
- Bedroom 1: First Level
- Bedroom 2: First Level
- Bedroom 3: First Level
Other Rooms
- Kitchen: Not Updated
- Dining Room: Formal Dining Room
Parking
- Parking Features: Parking Lot
Location
- County: Baldwin
- Driving Directions: From I10 take Exit 35 for AL-181 South / Fairhope. Continue south on AL-181 for approximately 14 miles. Turn right onto Fairhope Avenue (US-98 Business) toward downtown Fairhope. Continue west into Fairhope. Turn left onto Mobile Street. Proceed to 202 Mobile Street, which will be on Mobile Street near downtown Fairhope.
School Information
- Elementary School: Local School In County
- Middle School: LOCAL SCHOOL IN COUNTY
- High School: Local School In County
Heating & Cooling
- Cooling Type: Heat Pump, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: No Water/Sewer
- Water: No Water/Sewer
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Roof: Metal
- Stories/Levels: 3
- Square Feet: 5,386
- Year Built: 2005
- Property Condition: New Construction
Lot Features
- Property View: Bay, Water
- Lot Size (Acres): 0.3
- Street/Road Desc.: Paved
- Road Maintenance: Road Maintenance
- Zoning: City, County
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay, Waterfront, Block/Seawall
Financial Considerations
- Price Per Sq. Ft.: $1,169.7
Disclosures and Reports
- Property ID: 54603370010039.501
Listed by Beau Box Florida LLC
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Schools
Schools serving 202 S Mobile St
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Fairhope Elementary School 408 North Section Street, Fairhope, AL 36532 | K-6 | 0.9 mi |
Fairhope Middle School Two Pirate Drive, Fairhope, AL 36532 | 7-8 | 2.6 mi |
Fairhope High School 18800 Greeno Road, Fairhope, AL 36532 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 S Mobile St
Date
Details
Price
Change
Source
9/29/2026
Listed
$6,300,000
—
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 202 S Mobile St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,370
7%
$377,600
7%
2024
$16,233
10%
$352,900
10%
2023
$14,782
24%
$321,340
24%
2022
$11,921
12%
$259,160
12%
2021
$10,624
100%
$232,180
3%
2020
-100%
$226,080
-1%
2019
$9,774
2%
$227,300
2%
2018
$9,612
4%
$223,540
4%
2017
$9,237
1%
$214,420
1%
2016
$9,170
5%
$212,860
5%
2015
$8,758
1%
$203,280
1%
2014
$8,683
—
$201,540
—
2013
$8,721
—
$202,420
—
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 202 S Mobile St
202 S Mobile St, Fairhope, AL 36532 (MLS# 689670) is a Single Family property with 5 bedrooms, 5 full bathrooms and 2 partial bathrooms. 202 S Mobile St is currently listed for $6,300,000 and was received on September 29, 2026. Want to learn more about 202 S Mobile St? 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.

