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$450,000 Just Listed
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Property Description
Charming cottage on a spacious lot near the Fruit & Nut area and close to downtown Fairhope. This nearly half-acre, level property features beautiful oak trees and two large storage sheds. Plenty of space for a boat, classic car, and RV! The two-bedroom, one-bath cottage includes a metal roof (2014), tankless water heater, updated windows, smooth ceilings, aluminum siding, and a WHOLE HOUSE GENERATOR. The bathroom has been updated with a walk-in tub (handicap accessible). Additional features include a separate utility area in the carport with laundry hookup and a private entrance to the second bedroom. So much potential; just enjoy the privacy and space of the beautiful yard, or add onto the house to personalize. No HOA! Great location, just a 15-minute walk or easy golf cart drive to the bay or downtown Fairhope. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 503 Horton Ln
General
- Price: $450,000
- Taxes: $2,274
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 396201
- Updated: Today (5/7/2026)
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, Ceiling Fan(s)
- Appliances: Dishwasher, Electric Range, Refrigerator w/Ice Maker, Tankless Water Heater
- Furnishings: Unfurnished
- Flooring: Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 17 x 12, Main, 204 Sq. Ft.
- Bedroom 2: 14 x 10.5, Main, 147 Sq. Ft.
Other Rooms
- Kitchen: 14 x 13.5, Main, 189 Sq. Ft.
- Laundry: Main Level
Additional Information
- Shared Amenities: None
- Security/Safety: Security Lights
Exterior
- Porch/Patio/Deck: Patio
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Single Carport
Location
- Area: Fairhope 5
- County: Baldwin
- Subdivision: Magnolia Beach
- Cross Streets: Pecan Avenue
- Driving Directions: Traveling south on Section Street from downtown Fairhope, turn right on Pecan, then turn left on Horton Lane. The home is the 3rd home on the left.
School Information
- Elementary School: Fairhope East Elementary
- Middle School: Fairhope Middle
- High School: Fairhope High
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Natural Gas Connected, Water Heater-Tankless, Fairhope Utilities
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Aluminum Siding, Wood Frame
- Roof: Metal
- Windows: Window Treatments, Double Pane Windows
- Stories/Levels: 1
- Building Size: 1008
- Square Feet: 1,008
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 0.461
- Lot Size (Sq. Ft.): 20,081.16
- Lot Dimensions: 100 x 201
- Fence: Yes
- Lot Features: Less than 1 acre, Level, Few Trees
- Fencing (Description): Fenced
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $2,274
Disclosures and Reports
- Ownership: Leasehold
- Legal Description: Lot 19 Blk 47E Magnolia Beach Addn To City Of Fairhope Mb9 Pg4 (Lease In#2048482)
- Property ID: 4603370014165.516
- Block: 19
- Lot Number: 19
Listed by Keller Williams AGC Realty-Da
Get Pre-Approved Today
Schools
Schools serving 503 Horton Ln
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Fairhope Elementary School 408 North Section Street, Fairhope, AL 36532 | K-6 | 1.4 mi |
Fairhope Middle School Two Pirate Drive, Fairhope, AL 36532 | 7-8 | 1.9 mi |
Fairhope High School 18800 Greeno Road, Fairhope, AL 36532 | 9-12 | 1.5 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 503 Horton Ln
Date
Details
Price
Change
Source
5/07/2026
Listed
$450,000
—
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 503 Horton Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,319
4%
$51,400
4%
2024
$2,229
8%
$49,440
8%
2023
$2,062
19%
$45,800
18%
2022
$1,739
22%
$38,780
21%
2021
$1,422
100%
$32,080
6%
2020
-100%
$30,240
5%
2019
$1,191
10%
$28,740
10%
2018
$1,081
-51%
$26,180
3%
2017
$2,189
125%
$25,460
7%
2016
$975
47%
$23,720
44%
2015
$663
3%
$16,460
3%
2014
$642
4%
$15,980
4%
2013
$615
—
$15,340
—
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 503 Horton Ln
503 Horton Lane, Fairhope, AL 36532 (MLS# 396201) is a Single Family property with 2 bedrooms and 1 full bathroom. 503 Horton Lane is currently listed for $450,000 and was received on May 07, 2026. Want to learn more about 503 Horton Lane? 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.

