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  • $1,266,000

    554 Falling Water Blvd, Fairhope, AL 36532

    4beds
    3,845sqft
    Single Family Residence
    Built in 2014
    -- sqft lot
    $1,352,500 Zestimate®
    $329/sqft
    $4,238 Estimated rent

    Home value

    $1,352,500

    $1.28M - $1.42M

    $4,238/mo

    Zestimate® history
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    What's special

    Discover the allure of The Waters at Fairhope, one of the area’s most coveted communities, where picturesque homes line the streets, and the lakes create a peaceful backdrop for a life of luxury and tranquility. Enjoy a day of lakeside leisure by kayaking or canoeing, or simply relax by the water’s edge and soak in the scenic beauty of the surroundings. When you’re not at the lake, you will find your own private oasis at this exceptional custom-built home with an inground gunite saltwater pool and spa. Whether you’re spending the day in the pool or preparing dinner in your outdoor kitchen, you’re sure to see why this backyard retreat is the perfect place to relax. But wait until you see the inside of this home! It has an expansive floor plan with heart pine floors, plantation shutters, 10’ ceilings, and carefully considered architectural details. The gourmet kitchen showcases granite countertops, a custom travertine backsplash, newer stainless appliances to include a 6-burner gas range, ample cabinet space, and a large island with wood grain finish countertop. Among its standout features is the adjoining wet bar complete with a mini fridge and the spacious walk-in pantry with custom shelving. The generously sized living room features a gas fireplace and beautiful wood french doors leading to the heated and cooled sunroom. It’s so welcoming with its cozy woodburning fireplace and gorgeous wood ceiling. Enter the primary suite to discover a vast walk-in closet and a lavish bathroom. The primary bath features double vanities, a garden soaking tub, and a doorless custom tiled shower with dual shower heads. The 3 additional bedrooms offer ample space, and each have a walk-in closet. Upstairs, there is a 13x45 bonus room complete with a large, floored attic for storage. The home also has an irrigation system, alarm system, the main HVAC unit was replaced in 2023, the upstairs unit was replaced in 2021, and there is a whole home generator. Buyer to verify all information d

    Zillow last checked:

    Listing updated:

    Listed by:

    The Dusty Cole Team 251-978-8600,

    RE/MAX of Orange Beach

    Bought with:

    Anna M Luce, 93689

    Roberts Brothers TREC

    Source: Baldwin Realtors,MLS#: 361770MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Appliances
    • Included: Dryer, Washer, Microwave, Dishwasher, Other/See Remarks
    Features
    • Wet Bar, Ceiling Fan(s), High Ceilings, Termite Contract
    • Flooring: Tile, Wood, Other Floors/See Remarks
    • Number of fireplaces: 2
    • Fireplace features: Gas Log, Living Room, Wood Burning, Other/See Remarks
    Interior area
    • Total interior livable area: 3,845 sqft

    Property

    Parking
    • Parking features: Attached, Double Garage, Garage Door Opener
    • Has garage: Yes
    Features
    • Stories: 1
    • Patio & porch: Rear Porch, Porch Open, Front Porch, Covered Patio
    • Exterior features: Outdoor Kitchen, Irrigation Sprinkler
    • Pool features: Gunite, In Ground, Salt Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: None/Not Applicable
    • Waterfront features: No Waterfront
    Lot
    • Features: Less Than 1 Acre
    Details
    • Parcel number: 4602030000004.037
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition Shingle
    Condition
    • Year built: 2014

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Water City, Sewage City, Riviera Utilities, Fairhope Utilities

    Community & HOA

    Community
    • Features: Gazebo, Other
    • Security: Security System
    • Subdivision: The Waters At Fairhope
    HOA
    • Has HOA: Yes
    • Services included: Taxes Common Area, Common Area Insurance, Common Area Maintenance
    • HOA fee: $1,300 annually
    • HOA phone: 251-610-1631
    Location
    • Region: Fairhope

    Financial & listing details

    • Price per square foot: $329/sqft
    • Tax assessed value: $1,188,600
    • Annual tax amount: $4,677
    • Date on market: 5/10/2024
    • Ownership type: Whole Full

    Price history

    DateEventPrice
    8/15/2024Sold$1,266,000-4.5%$329/sqft
    Source: Baldwin Realtors #361770 Report a problem
    5/28/2024Pending sale$1,325,000$345/sqft
    Source: RE/Max of Alabama #361770 Report a problem
    5/10/2024Listed for sale$1,325,000+54.1%$345/sqft
    Source: Baldwin Realtors #361770 Report a problem
    9/3/2021Sold$860,000-4.4%$224/sqft
    Source: Baldwin Realtors #316628 Report a problem
    8/2/2021Price change$899,900-4.3%$234/sqft
    Source: Baldwin Realtors #316628 Report a problem
    7/5/2021Listed for sale$939,900+63.5%$244/sqft
    Source: Baldwin Realtors #316628 Report a problem
    3/2/2016Sold$575,000$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,677 +28.6%$118,880 +28.5%
    2024$3,636 +1.4%$92,520 +1.4%
    2023$3,586 $91,260 +18.8%
    2022-- $76,820 +8.9%
    2021-- $70,560 +3.3%
    2020-- $68,280 +3.4%
    2019-- $66,040 +11.1%
    2018-- $59,440 +3.3%
    2017-- $57,520 +13.9%
    2016-- $50,520 +6%
    2015$2,127 +19.2%$47,680 +14.9%
    2014$1,785 $41,500 +107.5%
    2013$1,785 $20,000
    Find assessor info on the county website

    Neighborhood: 36532

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairhope East 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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    Estimated market value
    $1,352,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,352,500