690 Moon Mullen Lane, Fairbanks, AK 99712

Property Description

Nearly five flat, usable acres off Chena Hot Springs Road with tremendous potential for the right cash buyer who isn’t afraid of a project. The approximately 1,000-square-foot, two-bedroom, one-and-a-half-story home is clean, cute and currently heated with a Toyo and woodstove. Electricity and appliances are operational, and water is supplied by an aboveground holding tank. The home does have settling and foundation issues, particularly toward the rear corner, along with gray-water plumbing drainage. The existing home may offer an opportunity for a conversion to a dry cabin. The property includes cleared areas, existing fencing previously used for animals and several additional structures in varying condition—some may be salvageable, while others likely need removal. GU-1 zoning and the usable acreage may provide possibilities for additional dry cabins or a small compound. Priced aggressively at $60,000 and offered strictly as-is. Cash only; this property will not qualify for conventional financing. Bring your tools, imagination and willingness to work—there is a lot here for someone capable of taking it on.