Date
Details
Price
Change
Source
1/12/2026
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$5,500,000 Sale Pending
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1/19
Property Description
Across from the Mobile Bay in downtown Fairhope sits the old Magnolia Inn, now known as Baron's Inn, and this property is NOW for sale. There are a total of seven (7) parcels for sale, and all properties are being sold together. This is a 24-unit Hotel with 3 Residential houses and 3 Commercial lots. With approx. 9900 +/- sq. ft. of Motel space, with some ingenuity you can create a Motel that is once again a Fairhope destination for families and visitors to the Gulf Coast region. Main building has multi-levels with rooms up and down as well as separate cottages & properties that are being sold together. PPIN 6696, zoned B3A: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land. PPIN 33005, Zoned B3A: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land. PPIN 5846, Zoned R2: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land. PPIN 84300, Zoned R2: Property #4 with no address has 4,748 sq. ft. of land. PPIN 33014, Zoned B3A: Property #5 - 0 Satsuma has 10,541 sq. ft. of land. PPIN 33034, Zoned R2: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land. PPIN 636266. Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8. Buyer to verify all information to satisfaction during contingency period(s). Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 701 S Mobile St
General
- Price: $5,500,000
- Status: Pending
- Type: Single Family
- Source: 934
- MLS ID: 390130
- Updated: 2/5/2026
- Added to Site: 69 day(s) ago
Business
- Name: Baron Inn
Rooms
Other Rooms
- Dining Room: None
Parking
- Parking Features: Parking Lot
Location
- Area: Fairhope 2
- County: Baldwin
- Subdivision: AL
- Driving Directions: Going west on Fairhope Avenue, Turn left onto US-98 ALT E/S Mobile St., Turn left onto Laurel Ave, and property is on left side of road across from Mobile Bay.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: See Remarks
Structural Information
- # Buildings: 4
- Building Size: 9900
- Square Feet: 9,900
- Sq. Ft. Source: Assessor
- Year Built: 1952
- Property Condition: Resale
Lot Features
- Property View: Water
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,283.6
- Lot Dimensions: 100 x 250
- Frontage Feet: 153
- Lot Features: See Remarks
- Zoning: Business/Commercial
Water Features
- Water View: Yes
Disclosures and Reports
- Legal Description: 100'X250'S IRR FR SW INTER OF LAUREL ST & STASUMA AVE RUN NW ALG LAUREL ST 120 TO POB RUN TH SW 205 NW 180 NELY 140 SE 1 20 NE 102 SE 100 TO POB BEING PT LOTS 5, 6, 78 BLK 7 MAGNOLIA BEACH SUB SEC 37 T6S R2E WD
- Property ID: 4603370013088.001
Listed by Wise Living Real Estate, LLC
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Listing agent
— 701 S Mobile St —
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PHONE: 251-422-3300
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Price & Sales History for 701 S Mobile St
Tax History
Tax History for 701 S Mobile St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,662
14%
$253,520
14%
2023
$10,259
6%
$223,020
6%
2022
$9,680
4%
$210,440
3%
2021
$9,341
—
$205,160
2%
2021
$9,341
14%
$201,100
6%
2019
$8,170
-1%
$190,000
-1%
2018
$8,223
23%
$191,240
23%
2017
$6,663
—
$154,960
—
2016
$6,663
2%
$154,960
2%
2015
$6,560
34%
$152,560
34%
2014
$4,883
-1%
$113,560
-1%
2013
$4,930
—
$114,660
—
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 701 S Mobile St
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 3,175Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,848Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,389Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 2,509Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,495Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,040Sq. Ft.
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701 S Mobile Street, Fairhope, AL 36532 (MLS# 390130) is a Single Family property with 0 bedrooms and 0 full bathrooms. 701 S Mobile Street is currently listed for $5,500,000 and was received on January 12, 2026. Want to learn more about 701 S Mobile Street? 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.