Rural Fairbanks Homes under $300,000

Rural Fairbanks Homes under $300,000

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Newest Rural Fairbanks Homes under $300,000

1745 Reed Circle, Fairbanks
$299,900
3 Beds ⋅ 1 Baths ⋅ 161072 MLS
Welcome to 1745 Reed Circle, a unique Fairbanks property offering versatility, income potential, and unmistakable Alaska character on approximately 1.18 acres just north of town. Built in 1984 with 2x6 construction, this approximately 2,000-square-foot two-story property is configured as two separate living spaces. The front unit offers two bedrooms and one full bathroom, while the rear unit is a one-bedroom dry cabin without a bathroom, creating a flexible setup for buyers looking for investment potential, guest space, hobby use, or the opportunity to offset ownership costs with a second occupant. The front residence provides the primary living area with a traditional two-story layout and practical everyday functionality. The rear dry unit adds another layer of flexibility for someone willing to work with a more rustic arrangement. Outside, the property continues to stand out. A detached one-car garage measuring approximately 480 square feet provides valuable storage and workspace, while the large parking area in front of and beside the home offers room for multiple vehicles, trailers, or recreational equipment. A distinctive covered parking structure adds a touch of classic Alaska flair and gives the property a look that feels right at home in Interior Alaska. The 1.18-acre lot provides additional breathing room while still keeping daily conveniences close by. Located near UAF and the backside of the golf course, this property offers quick access to west-side shopping, dining, entertainment, the airport, Fort Wainwright, and major highway connections, making travel around Fairbanks simple and convenient. The property is located within Rural Residential District zoning and is not in a designated flood zone. Whether you're looking for an investment property, a primary residence with a second living space, or a property with a little more character than the typical in-town home, 1745 Reed Circle deserves a closer look. With acreage, flexible living arrangements, garage space, generous parking, and a location that keeps you close to everything, this is a property with multiple ways to make it work for you. Virtual tour available online.

1745 Reed Circle, Fairbanks

1171 Grenac Road, Fairbanks
$85,000
6 Beds ⋅ 4 Baths ⋅ 160700 MLS
Welcome to 1171 & 1175 Grenac Road, a rare opportunity to own two detached single-family residences on one parcel in a convenient Fairbanks location. Unlike a traditional side-by-side or up-and-down duplex, each residence is its own standalone home, offering additional privacy while creating excellent flexibility for investors, owner-occupants, or those seeking multi-generational living. Situated on approximately 0.79 acres, this income-producing property features two separate three-bedroom, two-bathroom homes, providing a total of six bedrooms, four bathrooms, and two residential units. Built in 1977 with durable 2x6 construction, the property offers approximately 2,016 square feet of combined living space and is located within the Rural Residential (RR) zoning district. The parcel is also located outside of a designated flood zone. Each residence offers a practical floor plan with comfortable living spaces, functional kitchens, and well-sized bedrooms, making the property appealing for long-term occupancy. The detached design provides a level of separation rarely found in duplex properties, creating a living arrangement that offers additional privacy while maintaining the convenience of owning both homes on one lot. The nearly three-quarter-acre parcel provides generous outdoor space with room for parking, recreation, gardening, or future site improvements, while still remaining easy to maintain. Mature surroundings and the spacious lot contribute to a comfortable setting that complements the flexibility of the property. Location is another standout feature. Conveniently positioned in west Fairbanks near Farmers Loop, the property provides quick access to shopping, dining, schools, parks, and everyday services. Fort Wainwright, the University of Alaska Fairbanks, Fairbanks International Airport, and many of the community’s major employers and amenities are all within an easy commute, making this a desirable location for a broad range of occupants. Whether you’re looking to expand your investment portfolio, occupy one home while generating rental income from the second, or purchase a property that offers flexibility for changing housing needs, opportunities like this are increasingly difficult to find. Detached duplex properties offering two standalone homes on one parcel are uncommon, making 1171 & 1175 Grenac Road a unique addition to today’s market. Schedule your private showing and discover the versatility, income potential, and long-term value this exceptional property has to offer.

1171 Grenac Road, Fairbanks

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