Fairbanks Homes under $300,000

Fairbanks Homes under $300,000

Welcome to Fairbanks, Alaska—an enchanting city that offers the perfect blend of natural beauty, rich history, and a vibrant community. Nestled in the heart of the Interior, Fairbanks is known for its stunning landscapes, including the majestic Northern Lights, which dance across the sky during winter months, and the breathtaking vistas of the surrounding Alaskan wilderness. With a population of around 31,000, this charming city is the second-largest in Alaska and boasts a strong sense of community and a variety of recreational activities.

For those seeking an affordable slice of Alaskan life, Fairbanks is home to a range of charming homes priced under $300,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment property, Fairbanks offers an array of options that cater to diverse tastes and budgets. From cozy single-family homes with stunning views to quaint townhouses nestled in friendly neighborhoods, you’ll find a welcoming atmosphere that makes you feel right at home.

Living in Fairbanks means embracing a lifestyle filled with outdoor adventures, from hiking and fishing in the summer to snowmobiling and dog sledding in the winter. The city also boasts a rich cultural scene, including museums, art galleries, and local festivals that celebrate its unique heritage. With a strong economy and a community that values connection and support, Fairbanks is not just a place to live—it’s a place to thrive. Come explore your future home in the heart of Alaska, where adventure awaits at every turn!

Newest Fairbanks Homes under $300,000

133 Kantishna Way, Fairbanks
$269,000
3 Beds ⋅ 2 Baths ⋅ 161469 MLS
A great price for nearly 2400 square feet. This fun neighborhood is close to everything but still feels tucked away at the end of a culdesac and walking distance to the library, schools, parks, restaurants, and town center. The home features three generously sized bedrooms, a beautifully remodeled bathroom, updated kitchen, a bonus room perfect for a home studio or gym, and a large living room space. The unique multi-level allows for so much design freedom and privacy. Don’t miss this charming home!

133 Kantishna Way, Fairbanks
1219/1221 Ninth Avenue, Fairbanks
$205,000
4 Beds ⋅ 2 Baths ⋅ 161427 MLS
Tons of potential! Side-by-side duplex each unit is a two bed one bath and there is an additional 850 square-foot basement not included in the square footage. This. Has newer windows and a huge fenced backyard. Electricity is off, home has been winterized, Hope may or may not hold pressure. Seller was in the process of switching over to natural gas. It will need a new boiler.

1219/1221 Ninth Avenue, Fairbanks
4019 Dunlap Ave, Fairbanks
$200,000
3 Beds ⋅ 2 Baths ⋅ 161424 MLS
Looking for Your Next Winter Project? Here’s an opportunity to bring your vision to life! This fixer-upper is located in a great neighborhood near UAF and offers a solid foundation with plenty of potential. Originally designed as a 4-bedroom home, the layout could easily be converted back to four bedrooms—or keep the open space and create a spacious primary suite. The possibilities are yours to explore! The property sits on a beautiful, private lot of nearly one-third of an acre, right in town and surrounded by mature trees. With a great location, generous lot, and a flexible floor plan, this could be the perfect project to transform into your dream home.

4019 Dunlap Ave, Fairbanks
130 Vassar Circle, Fairbanks
$179,900
2 Beds ⋅ 1 Baths ⋅ 161415 MLS
APPROVED--ON AHFC LENDER LIST* Welcome to Unit 5 at 130 Vassar Circle, an extensively updated condominium offering convenience, comfort, and one of the most desirable layouts within the development. Located in a completely revitalized condominium community, this first-floor end unit combines modern updates with a highly functional floor plan and a location that places you within easy reach of everything Fairbanks has to offer. Whether you're looking for low-maintenance living, a convenient home base, or an opportunity to own in a refreshed development, this property deserves a closer look. Recently updated with new carpet, fresh paint, and modern light fixtures, the interior feels clean, bright, and move-in ready. With approximately 1,000 square feet of living space, this two-bedroom, one-bathroom unit offers a surprisingly spacious layout. The large living room provides ample room for gathering and relaxation, while the oversized kitchen offers abundant workspace and storage. A dedicated dining area creates a natural space for meals, entertaining, or everyday use, a feature that is becoming increasingly difficult to find in many condominium floor plans. One of the most unique features of this particular unit is its location within the building. As an end unit, it shares only one common wall with a neighboring residence, providing an added sense of separation. Even more rare is the ground-level backyard access directly from the rear of the unit. While many units in the development feature elevated balconies, Unit 5 offers direct access to outdoor space, creating additional flexibility and convenience that sets it apart from the rest. Built in 1980and located within a multi-family residential zoning district, the development has undergone substantial improvements after new ownership revitalized the community and invested in bringing the property up to modern standards. The HOA provides extensive coverage, including heat, water, sewer, snow removal, lawn maintenance, garbage service, and common area maintenance, helping simplify ownership and reduce many routine responsibilities. The owner is responsible only for electricity and internet service. Additionally, with an acceptable offer, the seller is willing to satisfy the current special assessment for this unit, creating added value for the next owner. The location is another major advantage. Situated near the University area, the property provides convenient access to educational facilities, shopping, dining, recreation, and major commuter routes throughout Fairbanks. Fort Wainwright and other employment centers are also easily accessible, while most destinations throughout Fairbanks can be reached within a short drive. The property is served by city water and city sewer and is not located within a flood zone. Opportunities to purchase in this newly revitalized development are limited, and Unit 1 stands out as one of the most desirable offerings thanks to its end-unit location, extensive updates, and rare ground-level backyard access. If you are looking for a move-in-ready condominium that combines convenience, modern improvements, and a location near the heart of Fairbanks, 130 Vassar Circle Unit 5 is ready to welcomes you home.

130 Vassar Circle, Fairbanks
3530 Moonshine Run, Fairbanks
$174,900
2 Beds ⋅ 161413 MLS
Secluded Fairbanks retreat with Ester Dome and Ester Valley views. Well-built and full of potential, this partially finished home offers a rare opportunity to create a custom retreat in a peaceful, secluded setting. Soaring vaulted ceilings and a north-facing view over the Ester Valley provide an exceptional backdrop—especially for enjoying Fairbanks’ spectacular aurora displays. Set on a large parcel with a quiet, private feel, the property includes a grey water system and a solid foundation for someone ready to take the project to the finish line. The remaining work includes exterior siding, interior finishes, and completion of the plumbing system. Bring your vision, finish it your way, and make this unique Fairbanks property your own. Cash purchase or construction/renovation financing required.

3530 Moonshine Run, Fairbanks
3465 Chetana Drive, Fairbanks
$249,000
2 Beds ⋅ 2 Baths ⋅ 161407 MLS
Cozy log home in the woods. Open living area with vaulted ceiling, large deck overlooking a peaceful territorial view....small reading nook/ loft upstairs. Both bedrooms are downstairs.

3465 Chetana Drive, Fairbanks
104 Hickory Drive, Fairbanks
$189,900
2 Beds ⋅ 2 Baths ⋅ 161400 MLS
Welcome to this 2-bedroom, 2-bathroom 1 car garage home located in West Fairbanks only minutes to UAF and shopping areas. It’s also on the FNSB MACS bus route if that is desired. Spacious living, dining and kitchen area downstairs along with one of the bathrooms. Upstairs are the bedrooms and second bathroom. The downstairs bathroom was remodeled in the last 6 six years; the upstairs one was less than 2 years ago. There is a nice sized deck to enjoy outdoor living. Dogs are allowed with an HOA approval. This is a perfect location for snowbirders that fly in and catch a taxi or uber from the airport arriving at home in 5 minutes.

104 Hickory Drive, Fairbanks
714 Arkansas Drive, Fairbanks
$214,900
2 Beds ⋅ 1 Baths ⋅ 161393 MLS
A recently finished remodel from top to bottom. The location is in a great spot close to town near paved bike paths. The kitchen has an open concept layout and the bathroom has been nicely upgraded for a home in this price range.

714 Arkansas Drive, Fairbanks
2700 Lycoming Court, Fairbanks
$274,900
2 Beds ⋅ 1 Baths ⋅ 161385 MLS
Cozy ranch-style home on the outskirts of Fairbanks! Offering 2-bedrooms, 1-bath, and an efficient open concept living space that takes advantage of the square footage! The home features up-to-date features, including laminate flooring, an adorable kitchen, and an updated bathroom. Bonus loft for extra storage! This place is charming inside and out, with cedar siding, a gardening area, and a deck to overlook the 1+ acre of privacy! Home is on city water! Schedule your showing today! This one won't last long!

2700 Lycoming Court, Fairbanks
520 Auklet Place, Fairbanks
$179,900
4 Beds ⋅ 4 Baths ⋅ 161383 MLS
Great location on one of the best lots in College Hills. Very private and bucolic setting on the top of the hill with good southern exposure. This once beautiful home has been badly damaged but will make a great investment opportunity for the right buyer. It will require major cosmetic repairs, a new heating system (currently electric), electrical upgrade, new roof covering, all new windows and more. Main floors have 2,072 s ft of living area with 4 Br and 2.5 baths, family room, formal dining, and a large pantry or office off of the kitchen. Do not the miss the beautiful hardwood floors that can be refinished to their original splendor. The basement level has an additional 896 sq ft and was once used as additional bedroom space, a family room and full bath but is now an unfinished area for the next owner to finish to their needs. There is a detached concrete slab for a future shop space. There is a covered porch as well as an open deck and a great gazebo. Please be aware that there is no conventional bank financing available for this property.

520 Auklet Place, Fairbanks
1534 Stacia Street, Fairbanks
$74,900
1 Beds ⋅ 1 Baths ⋅ 161378 MLS
Great Investment Opportunity or Starter Home! This charming 1-bedroom, 1-bathroom home is a great opportunity for an investor or someone looking for an affordable starter home. The property has had extensive work completed, including a re-leveled and reinforced foundation, new electrical, new plumbing, new forced-air heating system and ductwork, an upgraded natural gas system, new windows, a new door, and much more. The owner has put a lot of time and effort into improving the property but has had a change in plans and is now offering it for sale. Whether you're looking for an investment property or a place to call home, this could be a great opportunity. Come take a look and see the potential for yourself! Home appears to be partially wood crib and concrete foundation. Cash, Renovation and Construction Loan

1534 Stacia Street, Fairbanks
22 Glacier Avenue, Fairbanks
$175,000
2 Beds ⋅ 1 Baths ⋅ 161377 MLS
Welcome to 22 Glacier Avenue, a spacious 2-bedroom, 1-bath basement daylight condo located east of downtown fairbanks and 10 minutes from Ft. Wainwright. This large daylight basement features big picture windows that fill the home with abundant natural light, creating a bright and inviting living space. The primary bedroom offers plenty of room for a full furniture set and the flexibility to create a layout that fits your lifestyle. The second large bedroom is equally versatile to suit your needs. The updated bathroom features solid surface dual vanity, while an in-unit stackable washer and dryer adds everyday convenience. Residents can also enjoy access to a shared cedar sauna. The HOA maintains the common areas, water/ sewer, yard maintaince, garbage service, heat, and snow removal.

22 Glacier Avenue, Fairbanks
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