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$324,900
3 Beds 1 Baths 160882 MLS
Move-in ready with extensive energy-efficiency upgrades, this centrally located Fairbanks home offers comfort, functionality, and value. Situated just off College Road on a spacious 0.34-acre lot, this property provides quick access to the University, shopping, restaurants, schools, and everyday conveniences. Inside, you'll find a functional layout with two bedrooms on the main level, an inviting living area, kitchen and dining space. The finished lower level features a large third bedroom and flexible space ideal for a home office, workout area, hobby room, or additional living area. This home has been thoughtfully improved over the years with a retrofit HRV system, approximately four inches of added exterior foam insulation, additional interior insulation, synthetic stucco siding, double and triple-pane windows, gutters, and radiant floor heat downstairs to keep things comfortable through Interior Alaska winters. Outside, enjoy a fully fenced backyard with room to garden, entertain, or let pets play, plus a storage shed for tools and seasonal equipment. If you've been looking for an affordable home in a prime Fairbanks location with meaningful energy improvements already completed, this one deserves a look. Highlights: 3 bedrooms Large 0.34-acre lot Finished basement with flexible living space Radiant floor heat in lower level HRV ventilation system Added exterior and interior insulation Double and triple-pane windows Fully fenced backyard Convenient College Road location

1804 Caribou Way, Fairbanks

$680,000
6 Beds 6 Baths 160622 MLS
The Adamina is a six-suite short-term rental property located just off the downtown Fairbanks area. Historically, five suites have operated as short-term rentals while the seller occupied the sixth suite as owner housing. A future owner could continue that arrangement, utilize the sixth suite for cleaner or manager housing, or convert it into an additional revenue-producing rental unit. Since opening on July 4, 2021, The Adamina has generated approximately $631,482 in documented payout revenue in less than five years of operation while maintaining competitive market pricing, strong guest reviews and consistent occupancy. Business Highlights • Six-suite property located just off the downtown Fairbanks area. • More than $631,000 in documented payout revenue generated since opening. • Strong operating history with consistent annual revenue exceeding $110,000 in recent years. • Historical performance achieved while only five of the six suites were utilized as short-term rentals. • Existing reservations secured into 2027. • Renovations and suite refresh projects have been completed on several units in recent years, with additional opportunities for future updates if desired. • Guest sauna program established as a unique winter-focused amenity that helps differentiate the property within the Fairbanks lodging market. • Consistently strong guest reviews across multiple booking platforms. • Competitive pricing relative to comparable accommodations throughout the Fairbanks North Star Borough. Market Position and Future Potential Booking.com market analytics indicate Fairbanks lodging demand increased approximately 13% during the most recent 365-day period compared to the prior year. During late 2025 and early 2026, booking availability settings were inadvertently impacted by channel-management software updates. Once identified and corrected, reservation activity returned rapidly to historical levels. This recovery occurred after several suite refresh projects were completed and the guest sauna program was introduced, suggesting continued strong demand for the property and its amenities. Historical revenue performance was achieved while maintaining competitive rates and without significant rate increases despite rising utility and operating costs throughout the local lodging industry. This has allowed the property to remain highly competitive while preserving flexibility for future ownership. The refreshed suites, established sauna program, strong guest reviews and existing reservation pipeline provide a solid foundation for continued operation as a short-term rental business. Property Offering The property is being offered at $680,000 unfurnished. Furniture, furnishings, operational equipment, future reservations and transition assistance may be availvable through separate negotiation or included in the purchase if acceptable to buyer, seller and lender. Depending on buyer interest, additional assets available for negotiation may include: • Suite furnishings and décor • Linens and guest inventory • Business-owned routers and networking equipment • Exterior security camera system • Sauna amenities currently utilized as part of the property's winter guest experience • Operational equipment and supplies • Existing future reservations secured at the time of sale • Transition assistance for establishing a new short-term rental operation While the business name itself is not included in the transaction, the seller is willing to assist a purchaser with transitioning operations, establishing a new short-term rental brand and maintaining continuity of existing reservations where practical. This is a rare opportunity to acquire an established Fairbanks short-term rental property with documented operating history, future reservations on the books, strong guest reviews and significant upside through expansion of the sixth suite or operational enhancements. 3.25% assumable VA loan. 2025 P&L statement now on file.

301 Erceg Street, Fairbanks

$399,000
4 Beds 2 Baths 160455 MLS
BUYER CREDIT. Seller to pay $2,500 towards Buyers closing costs. Sweet 4 bed, 2 bath home with new paint, exterior and interior. New flooring, in the living areas, entry way and stairs. Upstairs, you will find the living room, kitchen, with a fresh new update, new counters and newer appliances. Dining area, leads to the deck, which overlooks the backyard. Also, upstairs are 2 bedrooms, full bath with a jetted tub. Downstairs, you will find 2 bedrooms, full bath, office area, or family room, that could also be turned into a theater room or, hobby room that has 240 volts ready for any need. Clean as a pin, utility room with boiler, washer, dryer and HRV which allows special filters that eliminate forest fire smoke and includes a UV air scrubber. The home is set back on the lot with a nice tree lined view. In the backyard is a garden area ready for planting. Blooming perennial bed outside the front door. Home has a 4-star energy rating using the Uniform Energy Rating System, providing extra fuel efficiency.

3012 Chinook Drive, Fairbanks