Welcome to luxury living in the heart of Point Clear, Alabama, within the Molokai Village community. This stunning 4,700 square foot home offers an unparalleled blend of elegance and comfort, surrounded by majestic live oaks and boasting breathtaking views of Mobile Bay. As you step into the grand foyer, you’ll be captivated by the 22’ ceilings in the great room, creating a sense of openness and grandeur. This spacious residence features 5 bedrooms and 5 full bathrooms, along with 2 additional half bathrooms for accommodating lots of guests. One of the highlights of this property is the outdoor oasis, featuring a heated pool and a versatile pool house, currently utilized as a sports game room. Above the game room, you’ll find an attached 2 bedroom guest house, offering privacy and convenience for visitors. The property also shares a community pier and provides direct bay access for water enthusiasts. Recent upgrades include a brand-new roof installed in 2023, ensuring peace of mind for years to come. The home also boasts a tankless water heater, and all HVAC units have been updated within the last 5 years, offering modern efficiency and comfort. Situated just a short golf cart ride from downtown Fairhope and the iconic Grand Hotel, this home offers a blend of privacy and convenience. Whether you’re enjoying the serene bay views, taking a dip in the pool, or exploring the vibrant local community, this property provides an exceptional lifestyle in one of Alabama’s most sought-after locations. Experience the best of Point Clear living—schedule your private showing today.
Active under contract
$1,789,000
4 Molokai Ln, Fairhope, AL 36532
5beds
4,700sqft
Single Family Residence
Built in 1975
0.33 Acres Lot
$-- Zestimate®
$381/sqft
$25/mo HOA
What's special
Grand foyerSerene bay viewsCommunity pierTankless water heater
- 16 days
- 1,586
- 69
Zillow last checked:
Listing updated:
Listed by:
Preston Niemeyer 251-490-1999,
Ashurst & Niemeyer, LLC,
Staci G Niemeyer 251-510-4315,
Ashurst & Niemeyer LLC
Source: Baldwin Realtors,MLS#: 366873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher, Refrigerator
Features
- En Suite, Ceiling Fan(s), High Ceilings, Termite Contract
- Flooring: Tile, Wood, Split Brick
- Number of fireplaces: 2
Interior area
- Total interior livable area: 4,700 sqft
Property
Parking
- Parking features: Golf Cart Garage, No Garage/Carport Parking
- Has garage: Yes
Features
- Stories: 2
- Patio & porch: Patio, Covered Patio
- Exterior features: Irrigation Sprinkler
- Pool features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Pool, Direct Bay Across Road
- Has water view: Yes
- Waterfront features: Deeded Access, Other See Remarks, Bay Access Less Than Or Equal To Quarter Mile
Lot
- Size: 0.33 Acres
- Features: Level, Cul-De-Sac, Some Trees, Water View, Subdivision, Less Than 1 Acre
Details
- Additional structures: Cabana, Guest Cottage
- Parcel number: 4506244000003.000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other See Remarks
- Property subtype: Single Family Residence
Materials
- Roof: Metal,Dimensional
Condition
- Year built: 1975
Utilities & green energy
- Utilities for property: Underground Utilities, Water Well, Sewage City, Grinder Pump, Water Heater Tankless
Community & HOA
Community
- Features: Water Access Deeded, More Than Two Pets Allowed
- Subdivision: Molokai Village
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $300 annually
Location
- Region: Fairhope
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $1,605,600
- Annual tax amount: $3,925
- Date on market: 8/22/2024
- Ownership type: Whole Full
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $1,789,000-5.6%$381/sqft |
Source:  Baldwin Realtors #366873 Report a problem | ||
| 1/14/2026 | Price change | $1,895,000-5%$403/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 6/24/2025 | Price change | $1,995,000-9.1%$424/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 4/3/2025 | Price change | $2,195,000-8.4%$467/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 11/7/2024 | Price change | $2,395,000-4%$510/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 10/8/2024 | Price change | $2,495,000-3.9%$531/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 8/22/2024 | Price change | $2,595,000-5.6%$552/sqft |
Source: Baldwin Realtors #366873 Report a problem | ||
| 3/17/2024 | Listed for sale | $2,750,000+163.2%$585/sqft |
Source: Baldwin Realtors #359494 Report a problem | ||
| 6/10/2016 | Sold | $1,045,000-12.6%$222/sqft |
Source: Baldwin Realtors #237024 Report a problem | ||
| 3/11/2016 | Listed for sale | $1,195,000+36.6%$254/sqft |
Source: Coldwell Banker Reehl Prop Fairhope #237024 Report a problem | ||
| 4/24/2015 | Sold | $875,000-10.3%$186/sqft |
Source: Baldwin Realtors #201743 Report a problem | ||
| 7/8/2014 | Listing removed | $975,000$207/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 6/30/2014 | Listed for sale | $975,000$207/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 5/24/2014 | Listing removed | $975,000$207/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 3/5/2014 | Price change | $975,000-18.7%$207/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 3/4/2014 | Price change | $1,199,000+23%$255/sqft |
Source: Keller Williams Realty Gulf Coast, LLC #201743 Report a problem | ||
| 1/5/2014 | Price change | $975,000-18.7%$207/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 8/14/2013 | Price change | $1,199,000-19.8%$255/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
| 7/20/2013 | Listed for sale | $1,495,000$318/sqft |
Source: Keller Williams AGC Realty - Orange Beach #201743 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,925 +5% | $160,560 +5% |
| 2024 | $3,737 +16.6% | $152,900 +16.2% |
| 2023 | $3,204 | $131,560 +22.7% |
| 2022 | -- | $107,200 -7.5% |
| 2021 | $2,842 +5.7% | $115,840 +4.9% |
| 2020 | $2,688 +19.4% | $110,480 +4.6% |
| 2019 | $2,251 +7.1% | $105,600 +7.1% |
| 2018 | $2,102 +8.4% | $98,640 +8.3% |
| 2017 | $1,938 | $91,040 -40.2% |
| 2016 | $1,938 | $152,340 +162.7% |
| 2015 | -- | $58,000 +23% |
| 2014 | -- | $47,140 +1.2% |
| 2013 | -- | $46,600 -11% |
| 2011 | -- | $52,340 +1.7% |
| 2010 | -- | $51,440 -2.8% |
| 2009 | $1,482 -4.1% | $52,940 -4.1% |
| 2008 | $1,546 -56.1% | $55,200 -56.1% |
| 2007 | $3,518 +44.3% | $125,640 +44.3% |
| 2006 | $2,438 +6.9% | $87,060 +6.9% |
| 2005 | $2,281 +4.6% | $81,460 +4.6% |
| 2004 | $2,180 +99.9% | $77,860 +164.5% |
| 2003 | $1,090 +46.2% | $29,440 +4.2% |
| 2002 | $746 +1.8% | $28,240 |
| 2001 | $733 +2.3% | $28,240 +2.2% |
| 2000 | $716 | $27,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 36532
Nearby schools
Schools provided by the listing agent
- Elementary: Fairhope West Elementary
- Middle: Fairhope Middle
- High: Fairhope High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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