1171 Grenac Road, Fairbanks, AK 99709

Property Description

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.