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$499,900
159328 MLS
An Exceptional Multi-Residence Retreat Near UAF — A Rare Investment Offering in Fairbanks. Set in a serene, wooded enclave just three miles from the University of Alaska Fairbanks, this distinctive property presents a rare opportunity to own a private four-cabin compound with direct access to premier ski, bike, and running trails only 100 feet away. Thoughtfully designed for both comfort and functionality, the property includes three two-story, two-bedroom cabins with elegant spiral staircases and one studio residence, offering versatility for long-term rentals, visiting professionals, or executive housing. Each cabin features open-concept living spaces, full kitchens with full-size appliances, covered porches, and private yards—creating an ideal balance of privacy and community. Designed for Alaska living, every residence is equipped with separate electric meters, individual 300-gallon fuel tanks, 500-gallon water tanks, exterior car plugs, and energy-efficient 6” wall construction for year-round comfort. The property offers all-weather access and is just minutes from downtown Fairbanks while maintaining a peaceful, secluded atmosphere. Long-term tenants in place provide immediate income and stability. Private showings available by appointment—experience this rare Fairbanks investment firsthand. Opportunities of this caliber are seldom available.

615 Sheep Creek Road, Fairbanks

$367,500
3 Beds 3 Baths 159272 MLS
PRICE REDUCTION: SELLER WANTS THIS PROPERTY SOLD. THIS REDUCTION WILL SAVE $200+ ON MONTHLY PAYMENT! “ A Rare Piece of Fairbanks History River Views, Room to Grow & Endless Possibility This quaint, character-filled home is one of those properties you simply don’t find anymore, a true gem tucked into one of Fairbanks’ most desirable neighborhoods, right on the river, on a generous street-to-street lot just over 16,000 square feet. Whether you’re dreaming of a lovingly restored family home, a charming bed & breakfast, or a savvy income-producing duplex, this property has the bones and the soul to make it happen. The Home The 1,100+ sq ft main floor offers warm, livable spaces with real hardwood floors, built-in bookshelves, and a modern wood stove that anchors the spacious living and dining area. The kitchen features a cozy breakfast nook — the kind you want to linger in on a slow morning. A primary bedroom and bath, private office, and an additional guest or studio room round out the main level. Upstairs, a 700+ sq ft level with its own bath and living/studio space functions beautifully as a mother-in-law suite, creative retreat, or private guest quarters. The 900 sq ft basement adds even more flexibility — half bath, laundry area, and a large open room ready to become a game room, additional bedroom, or the anchor of a private studio apartment. A separate exterior entrance and existing kitchen and bath make a basement apartment conversion a genuinely compelling option for rental income or multigenerational living. A large, oversized garage provides abundant covered storage and workspace — a true Alaska necessity. The Property The lot is a standout. Mature privacy hedges, established landscaping, a darling garden house out back, raised garden bed potential, a circular driveway, and a patio bench tucked beside the sunroom — it all adds up to outdoor living that feels intentional and established. And the location? You’ll watch the beloved Golden Days Parade roll right past from the comfort of your own yard. This home needs updating and vision — but the character, the history, the location, and the sheer possibility here are everything. Properties like this don’t come along often. Priced to reflect the opportunity it is.”

1514 Second Avenue, Fairbanks

$490,000
158123 MLS
Welcome to 11 Bonnie Avenue—a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks’ main shopping district right in between. Situated on 0.30 acres and offering a total of 2,994 square feet, this multi-family zoned property features a solid concrete block foundation, two-by-six construction, and a pitched roof added in recent years to replace the original flat roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit—offering a total of seven bedrooms and four bathrooms across four fully separate living spaces. Tenants enjoy designated parking with up to 10 spots available, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear, providing a mix of privacy and convenience. Additional features include a shared shed, dedicated dumpster space for easy trash collection, and overflow parking on the side. Located near trail systems like Cramer's Field and some of the top-rated schools in Fairbanks, this property appeals to renters looking for a neighborhood feel with city convenience. With a gross annual income of $61,800 and a strong rental history, 11 Bonnie Avenue is an excellent opportunity for landlords seeking low-vacancy income in a desirable residential setting. Come take a look at this rare multi-family opportunity in one of Fairbanks’ most sought-after areas.

11 Bonnie Avenue, Fairbanks