Rural Fairbanks Homes under $500,000

Rural Fairbanks Homes under $500,000

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Newest Rural Fairbanks Homes under $500,000

1405 Justin Drive, Fairbanks
$324,900
1 Beds ⋅ 1 Baths ⋅ 161401 MLS
Located in the hills of Fairbanks is this newer construction home in a peaceful quite setting on 1.26 acres. Built with energy savings in mind and ready for you to install a wood stove, with piping and hearth already in place. This is a 1 bedroom 1 bath 1050 sq/ft home with a 10' x 24' carport that was built in a way that it could be enclosed for another bedroom as an entry door was already framed behind the wall. The kitchen is large and features concrete countertops and a gas stove. The bathroom has an oversized walk-in tiled shower and a spot for a stackable wash/dryer. open concept living area with tall cathedral ceiling. there is also room in the back of the lot to build a detached garage or shop.

1405 Justin Drive, Fairbanks
1659 Wolverine Lane, Fairbanks
$425,000
3 Beds ⋅ 3 Baths ⋅ 161397 MLS
0Spacious and private home situated on a southwest-facing 3.2-acre lot, offering plenty of afternoon sunshine and room to enjoy the outdoors. The home has seen numerous upgrades over the last 10 years and offers a flexible layout with plenty of space. A separate home office has its own entrance and is already plumbed for conversion into a mother-in-law apartment, providing great potential for additional living space or rental use. Located in the hills above the inversion, this property offers a more comfortable winter setting while still providing convenient access to town. With acreage, privacy, sun exposure, and a versatile floor plan, this home has plenty to offer.

1659 Wolverine Lane, 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
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
5880 Haystack Drive, Fairbanks
$465,000
4 Beds ⋅ 3 Baths ⋅ 161272 MLS
So many features in one home, thanks to efforts the homeowner put into creating something beautiful! A home and MASSIVE garage in the hills above the inversion point for lower winter temperatures, a generously-sized and covered outdoor patio space, an electric panel specifically for your jacuzzi, wrap-around deck with a view meant for the Northern Lights, Solar Panels to offset your electric bill, and so much more! Inside this home, you'll find it equipped with an open-concept living room and kitchen, with your bedrooms and bathroom upstairs. The view is accessible from inside! The real star of the show is the gigantic 3-car garage with high ceilings, a newly created mother-in-law suite (with a full bathroom and full kitchen) a processing sink, and another game-room/living room that's newly-piped for heating! This home has so much to offer with an accessible pricepoint!

5880 Haystack Drive, Fairbanks
2255 Solstice Avenue, Fairbanks
$279,900
2 Beds ⋅ 1 Baths ⋅ 161215 MLS
Goldstream charmer – on a well! Really just the perfect little Alaskan home with multiple heat sources such as the ever reliable Toyo stove in the corner but also with a wood stove for those brisk fall days when a fire feels perfect. Over the years this house has received nice upgrades like a generous arctic entryway, new windows in 2009, a metal roof that will last a lifetime, seamless gutters and a huge deck. Everything is here for you Fairbanks experience, a shed, greenhouse, garden area and chicken coop! The layout is super comfortable with the living room, kitchen, bedroom and full bathroom on the main level with a loft area which would be perfect for an office upstairs and another bedroom. Oh, and recently leveled!

2255 Solstice Avenue, Fairbanks
436 Panorama Drive, Fairbanks
$449,900
4 Beds ⋅ 2 Baths ⋅ 161167 MLS
Room to spread out, inside and out. Welcome to 436 Panorama Drive, offering more than 2500 square feet of living space with 4 bedrooms and a bonus room that gives you plenty of options for a home office, game room, gym, media room, or additional living area. The kitchen features abundant cabinetry and counter space and opens into the main living area, creating a functional layout for everyday living and entertaining. With multiple living spaces, there is room here for everyone without feeling crowded. Situated on approximately .76 acres in the Farmers Loop area, the property offers a spacious yard with an established, private feel while remaining convenient to Fairbanks. Add in the two-car garage with workspace and storage, deck, covered entry, and plenty of room for Alaska's toys and gear, and you've got a home built for real life in the Interior. If you've been looking for four bedrooms, serious square footage, flexible bonus space, a large lot, and a convenient Fairbanks location, 436 Panorama Drive checks a lot of boxes. Come see the possibilities and make it your own.

436 Panorama Drive, Fairbanks
5049 Haystack Drive, Fairbanks
$139,000
3 Beds ⋅ 2 Baths ⋅ 161131 MLS
NICE LITTLE - BIG HOUSE WITH ALL THE AMENITIES ON A NICE 1.24 ACRE WOODED LOT, JUST A SHORT DRIVE UP HAYSTACK MOUNTAIN .HAS A BURIED WATER TANK AND A LARGE FENCED IN DOG PEN. 3 BEDROOMS 1.5 BATHS AND TOYO BOILERS FOR HOT WATER AND HEAT. THIS WONT BE ON MARKET LONG . LOOKING TO CLOSE NO LATER THEN END OF NOVEMBER. CALL ME TODAY FOR A SHOWING .

5049 Haystack Drive, Fairbanks
1411 Whistling Swan Drive, Fairbahnks
$465,000
4 Beds ⋅ 2 Baths ⋅ 161121 MLS
dHilltop Living with Space, Storage & Income Potential Nestled on nearly an acre in the hills, this spacious three-story home offers the perfect blend of privacy, versatility, and room to enjoy the outdoors. With plenty of space for outdoor toys, equipment, or backyard gatherings, this property is designed for those who want room to spread out and make the most of their surroundings. The home features three bedrooms upstairs, providing a comfortable separation between living and sleeping spaces, along with a heated large garage for year-round convenience and additional storage. The basement adds an exciting layer of flexibility with a potential mother-in-law suite, guest quarters, Airbnb, or long-term rental space. Whether you need room for extended family, a private guest area, or an opportunity to generate additional income toward your mortgage, the possibilities are endless. With three levels of living space, nearly an acre of land, abundant storage, and income potential, this property offers a rare opportunity to create the home and lifestyle that works for you. Come see all that this unique hilltop property has to offer!

1411 Whistling Swan Drive, Fairbahnks
4971 Murphy Dome Road, Fairbanks
$350,000
4 Beds ⋅ 2 Baths ⋅ 161074 MLS
Two cabins, one property, and plenty of possibilities! Tucked away at the end of the road, this Murphy Dome property offers privacy, flexibility, and a great opportunity to offset your housing costs. Each two-story cabin features 2 bedrooms and 1 bathroom, laundry, separate fuel and water holding tank allowing each home to operate independently. Live in one and rent the other, create space for extended family, or use both as investment properties. Surrounded by a natural wooded setting with room for parking, outdoor toys, and enjoying a little extra breathing room, this is a great option for anyone looking for something outside the traditional single-family setup. Just outside of town while still offering the privacy and feel of Alaska living, these cabins are ready for their next chapter. $3400/month gross rent, tenants responsible for utilities.

4971 Murphy Dome Road, Fairbanks
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
1107 Bruhn Road, Fairbanks
$375,000
3 Beds ⋅ 2 Baths ⋅ 161067 MLS
Conveniently located just north of town in the desirable Farmers Loop area, this beautifully updated home sits on a nicely wooded .92-acre lot, offering a great combination of privacy and convenience. Inside, you’ll find 3 bedrooms, 2 bathrooms, and an inviting open-concept living area that feels fresh and welcoming. Recent updates give this home a refreshed feel, including a newly remodeled kitchen in 2026, new roof in 2026, new front deck in 2026, new water heater in 2025, new rain gutters in 2025, and a new garage door opener. The heated 2-car garage is perfect for Alaska living, while the back deck extends your living space outdoors during the summer months. With nearly an acre of wooded property, plenty of updates already completed, and a convenient Farmers Loop location, this home is ready for its next owner. Come take a look-you may have just found home! Four Wheeler, plow and blower and lawn mover to convey.

1107 Bruhn Road, Fairbanks
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