NEW CONSTRUCTION
$19K PRICE DROP
261 N Dearborn St Mobile, AL 36603
Downtown Mobile NeighborhoodEstimated payment $2,267/month
Total Views
436,623
3
Beds
2.5
Baths
1,921
Sq Ft
$219
Price per Sq Ft
Highlights
- Open-Concept Dining Room
- City View
- Main Floor Primary Bedroom
- New Construction
- Traditional Architecture
- 4-minute walk to Isom Park
About This Home
NEW CONSTRUCTION! Experience the charm of Downtown Mobile living in this newly constructed home in the growing Dearborn Place community—just steps from Mobile's Mardi Gras routes! This thoughtfully designed home features 3 bedrooms, 2.5 bathrooms, and a perfect blend of modern style and refined comfort. The main level boasts 10-foot ceilings, creating an open and inviting atmosphere, while the second floor offers cozy comfort with 8-foot ceilings. The open-concept layout seamlessly connects the kitchen, dining area, family room, and owner’s suite, making it ideal for entertaining or everyday living. The roomy kitchen features a generously sized island, stainless steel appliances, white cabinetry with ample storage, and is flooded with natural light. The luxurious owner’s suite offers a spa-like retreat with a walk-in shower that stretches gracefully to meet the soaring 10-foot ceiling—perfect for relaxing at the end of the day. Each bedroom includes a walk-in closet, providing generous storage. The spacious-level backyard offers the perfect setting for an Equivalent Dwelling Unit (EDU) — ideal for an in-law suite, guest house, or private rental. Situated in the heart of downtown Mobile, this home offers convenient access to restaurants, entertainment, parks, schools, and Mardi Gras festivities, making it a prime location to enjoy everything the area has to offer. Schedule your private viewing today and make this exceptional property your new home!
Home Details
Home Type
- Single Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 5,576 Sq Ft Lot
- Rectangular Lot
- Back and Front Yard
Parking
- Driveway
Home Design
- Traditional Architecture
- Cottage
- Bungalow
- Slab Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 1,921 Sq Ft Home
- 2-Story Property
- Ceiling height of 10 feet on the main level
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Two Story Entrance Foyer
- Family Room
- Open-Concept Dining Room
- Luxury Vinyl Tile Flooring
- City Views
- Pull Down Stairs to Attic
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Self-Cleaning Oven
- Electric Range
- Range Hood
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Stone Countertops
- White Kitchen Cabinets
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Florence Howard Elementary School
- Calloway Smith Middle School
- Ben C Rain High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- 110 Volts
- Tankless Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Property is near schools and shops
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 2906400003150005
Community Details
Overview
- Dearborn Place Subdivision
Recreation
- Park
Matterport 3D Tour
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $873 | $14,630 | $1,440 | $13,190 |
| 2024 | $873 | $16,450 | $2,160 | $14,290 |
| 2023 | $936 | $15,790 | $2,180 | $13,610 |
| 2022 | $924 | $15,590 | $1,980 | $13,610 |
| 2021 | $924 | $15,590 | $1,980 | $13,610 |
| 2020 | $957 | $15,590 | $1,980 | $13,610 |
| 2019 | $908 | $14,820 | $1,800 | $13,020 |
| 2018 | $908 | $14,820 | $0 | $0 |
| 2017 | $920 | $15,020 | $0 | $0 |
| 2016 | $976 | $15,900 | $0 | $0 |
| 2013 | $820 | $14,740 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Price Changed | $420,000 | -4.3% | $219 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $439,000 | 0.0% | $229 / Sq Ft |
| 07/09/2025 07/09/25 | Off Market | $439,000 | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $439,000 | -- | $229 / Sq Ft |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
About the Listing Agent
Andreda's Other Listings
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7505593
APN: 29-06-39-0-003-003
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