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$154,900
3 Beds 3 Baths 159332 MLS
Enjoy warmer Alaskan winters with this home in the hills. This 3 bedroom 2.5 bathroom home with amazing character sits on just over an acre of land. Bonus feature of an additional suite that was previously used as a hair salon, this space features one large open space and a half bathroom with its own private entrance, the possibilities are endless! This home does have freeze damage, but damage is minimal. This home does not hold water pressure. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on "Start Offer". This property may qualify for Seller Financing (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists.

1360 Gull Road, Fairbanks

$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

$119,000
159298 MLS
Welcome to Aurora River Estates, one of Interior Alaska’s newest and most thoughtfully planned subdivisions. Ideally situated between the Little Chena River and the Chena River just off Nordale Road, this exceptional location offers the perfect balance of privacy and convenience—only a 15-minute drive to both Fairbanks and North Pole. Lots range from approximately 1.8 to 4.7 acres, with this particular parcel offering 3.425 acres of pristine Alaskan landscape. Each lot features a beautiful blend of mature, large trees, providing natural privacy and a true sense of seclusion. This lot has stunning water frontage, abundant wildlife, and the authentic Alaskan lifestyle many seek—without sacrificing modern conveniences, as the property remains connected to the electrical grid and well built and maintained roads. Buyers have the flexibility to purchase a single lot or combine multiple parcels to create a larger private estate. Far enough from town to eliminate light and noise pollution (amazing Aurora Light viewing), yet close enough for an easy commute to daily necessities, Aurora River Estates offers the best of both worlds. With only a limited number of lots released each year, opportunities like this are rare. Don’t miss your chance to secure your place in this exceptional water front community which you won't find elsewhere in the Interior right now!

Lot 4, Block B River Park Drive, 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

$8,750,000
159244 MLS
This property started life out originally as a 60 unit summer only hotel with electric heat. Owners went through the property stripping it entirely to the studs. Updating everything from the studs forward, combining 3 units to make two, ending up with 44 units. With the updated windows, remote wall insulating ( 9 inches of insulation on outside wall of building) High efficiently boilers, radiant floor on all 4 levels have all brough the cost to heat this building to only 37 cents per square foot, per year. No, that's not a typo, it actually is only 37 cents per square foot a year to heat! ($10,500/year) Some apartment complexes spend that in a month! Property has an elevator that access four floors, making it ADA compliant. Current configuration is a high-end multiplex. Property would be wells suited for a contracting company needing office space and housing. Gross income is over $713,000/year.

1533 Lacey Street, Fairbanks

$8,750,000
159243 MLS
As close to a new multifamily build as you can get in Fairbanks today! This fully remodeled apartment building, originally constructed as a 60 unit hotel and thoughtfully converted into 44 modern residential units. The Building was remote- walled insulated adding 9 inches to the exterior making the walls 15" thick, making it extremely efficient, only using approximately $10,000 a year in natural gas. Every unit has been updated to meet contemporary standards, creating an efficient, attractive living environment that supports strong tenant demand and long-term stability. Ideally located close to downtown, with convenient access to shopping centers, parks, and schools, the property benefits from a prime, centralized setting that appeals to a wide range of renters. The layout and scale provide excellent operational efficiency while maintaining flexibility for future value-add strategies. With approximately $713,000 in annual income, this property stands out as a solid, income-producing investment well-suited for both seasoned investors and those looking to expand their multifamily portfolio. A turnkey opportunity combining location, scale, and proven cash flow

1533 Lacey Street, Fairbanks

$95,000
11 Beds 159223 MLS
HUGE PRICE REDUCTION FOR QUICK SALE -DOWN $49,000 Rustic homestead on 16 acres of nicely wooded land with mostly spruce and birch on a slight slope . NO PROPERTY TAXS !!! Located approximately 60 miles north of Fairbanks, OFF THE GRID AND NO RUNNING WATER - U HAUL . The huge log home with additions has SEVERAL bedrooms.( big & small ) The cute two story cabin's bedroom is the whole upstairs. There are several other buildings such as the Barn, Garage, Kennel, Greenhouse, Sauna, Laundry, cabins and Sheds. The property is adjacent to the Northern Tours Gift Shop and Aurora Viewing. Theres a lot here to start with for the right YOUNG & ambitious people WILLING to work hard . THE BIG HOUSE NEED MAJOR LEVELING AND FIXED UP , ALL THE OTHER BUILDING NEED A LOT OF WORK TOO !!!! Property being sold "AS IS" ( CASH ONLY ) SELLER WILL DO NO REPAIRS , PAY NO CLOSING COSTS OR BUYERS REP COMMISSION .

nhn Elliott Highway, Fairbanks

$180,000
159055 MLS
Build your dream home on this expansive lot with vast territorial and mountain views. Set atop Birch Hill in a neighborhood with large lots, very nice homes, and protective covenants, you will have the perfect balance of natural beauty and privacy, yet just minutes from town. Good building soils, large birch trees and at the end of a cul-de-sac, so no through traffic. Power adjacent. Be above the ice fog, and out your door to world-class cross-country trails in winter or hike them any time. You will not find another lot like this without driving many more miles outside of town. Birch Hill Facilities: The Birch Hill Recreation Area is one of the premier cross-country skiing destinations in the country. Not only are our trails some of the best designed and maintained trails in the nation, but our buildings offer great places for before and after skiing activities as well as places to socialize. All this is offered by a joint effort by the Nordic Ski Club of Fairbanks and the Fairbanks North Star Borough Parks and Recreation Department. Although you can use the trails at any time, the gate to the recreation area is closed and locked from 10pm to 7am each day. Trails: The Jim Whisenhant Cross Country Ski Trails weave throughout the Birch Hill Recreation Area—which is owned by the Fairbanks North Star Borough—and onto adjacent military land. Our club maintains the trails throughout the year, including grooming for skate and classic skiing. See a map of the trails here. Trail Lighting About 10 kilometers of trails are lighted. The trail lights are not on in the morning. They are activated by photocells, so they go on at dusk, and a timer turns them off at about 9:30 pm.

Lot 8 Jasper Court, Fairbanks

$375,000
158984 MLS
Seize the opportunity to own a truly unique commercial property in the heart of Fairbanks. Situated on high-traffic Gaffney Road, this iconic triangle-shaped building offers 1,574 SF on the main floor plus 1,574 SF in the basement, providing ample space for a variety of business operations. Previously used as a bank, the building still features multiple vaults—ideal for secure storage or a distinctive design element for your next venture. The striking architectural ceilings create a sense of openness, while the existing drive-through adds convenience for retail, service-based businesses, or food/beverage concepts. Additional highlights include 15 on-site parking spaces, some with headbolt heaters, and excellent street visibility on a major Fairbanks corridor. Built in 1957, the property blends mid-century character with commercial functionality—making it perfect for entrepreneurs, investors, or organizations seeking a memorable footprint in the community. Property to be sold as is. No abatement will be done.

620 Gaffney Road, Fairbanks

$725,000
158957 MLS
Fantastic opportunity to grab a large warehouse space with room to grow. Main structure is over 5000 square foot of space that can be used for many purposes. Currently there is a store front with room for inventory to showcase whatever you need. There are a few private office areas, a break area with rest room, and plenty of space to park cars, trucks, trailers, you name it. There is a 16x16 garage door in the back of the building. There is a partisan that separates the store front from the workshop area that could be removed to have one big open space. There is also a 16x16 frame area in the front of the warehouse if someone wanted to have pull through option. As an added bonus there is a second structure used as a pole barn currently. There is no slab, insulation, or heat source, but with two massive sliding doors and some finish work you could have a second structure of over 3000 square feet. There are a few additional structures on the property, possible dry cabin rental and more.

600 Old Steese Highway, Fairbanks

$42,500
158520 MLS
Discover 6.89 acres of untouched Alaskan beauty with this raw land parcel located just north of Fairbanks along the Elliott Highway. Situated beyond Fox, the property offers direct highway access with an approximate 150-meter easement from the road to the boundary line. A trail on the north side provides convenient access points and potential driveway inlets, making it easier to explore and plan future development. With no electricity or telephone lines currently run to the property, this is a true off-grid opportunity—perfect for those seeking a private retreat, recreational base, or long-term homestead vision. While the property is accessible by standard vehicles in summer months, four-wheel drive is recommended for reliable year-round access. Surrounded by the rolling hills of interior Alaska, this acreage offers both seclusion and proximity, only a short drive back into Fairbanks for shopping, dining, and amenities. GPS coordinates are available in the associated documents, and signage is posted at the property. If you’ve been dreaming of raw land with easy access yet a remote feel, NHN Elliott Highway is ready to welcome your vision.

NHN Elliott Highway, Fairbanks

$2,075,000
158518 MLS
Aurora Villas was designed to serve winter and summer tourism in Fairbanks. The newer lodge is very modern, offering spectacular views of the surrounding area. Ideally located for winter viewing of the Northern Lights. There is also a natural log home where guests can stay, or the owners could live, that captures an authentic Alaska feel. The facility can operate year-round for visitors seeking accommodations for a night or extended stay. It would also make an exceptional venue for weddings, corporate retreats, or catered events. Located about a half-hour drive from downtown Fairbanks with convenient access to local attractions. Fairbanks visitors enjoy dog mushing, snowmobiling, ice fishing, riverboat tours, museums, and the University of Alaska Museum of the North. Chena Hot Springs Resort is less than an hour away and offers year-round hot springs soaking and the Aurora Ice Museum. High-end tourism property with a proven track record. Guests come from all over the world to experience the aurora and Interior Alaska. Few properties offer such luxurious accommodations in such a desirable setting. There is significant upside potential for the business to grow further. The current owners live elsewhere and feel the property’s potential is not fully maximized. If Northern Lights tourism is your business, this is a must-see property and opportunity. An NDA is required to review financials. Aurora Villas built in 2018, Log Home built in 1976.

1110 John Kalinas Road, Fairbanks

$99,000
158382 MLS
Welcome to 8202 Kateel Drive – a 24’ x 24’ dry recreational cabin set on 10 private acres, offering stunning territorial views and peaceful seclusion just a scenic 1-hour drive from Fairbanks through the beautiful Chatanika Valley. Whether you’re seeking a personal retreat or the perfect weekend adventure base, this property delivers an ideal mix of privacy and accessibility. The cabin rests on a solid post-and-pad foundation with walls, a shingle roof, and windows already in place, plus most of the materials you’ll need to finish the project to your taste. Electricity is available on-site, making your build-out even more convenient. A pull-through driveway provides easy access for vehicles, trailers, and outdoor toys. With its breathtaking surroundings and endless potential, this property is ready to become your dream recreational escape in the heart of Alaska’s great outdoors.

8202 Kateel Drive, Fairbanks