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4010 Old Wood Rd, Fairbanks, AK, 99709

5beds
3baths
2,806sqft
$499,900
$178price/sqft
$3,627/moest. monthly cost
$145,080/yrincome needed

About This Home

INVESTMENT opportunity! Featuring three cabins, all with independent utilities, on 4.2 acres just outside of the City of Fairbanks. While there are currently three cabins, the zoning allows for additional cabins to be added, creating an even greater opportunity for passive income. The partial log construction and private decks make for a truly Alaskan experience! And since it’s located above the inversion layer, you’ll find that it’s warmer during the winter months than in other, lower lying areas. Units D and E have 1500 gallon water holdings tanks. Unit F has a 1000 gallon water holding tank. All three buildings have independent septic systems and 300 gallon fuel tanks. Cabin F/1 – Featuring 1 bedroom and 1 bath. Currently rented for $1200/mo plus all utilities. Cabin E/2 – Featuring 2 bedrooms and 1.5 baths. Currently rented for $1600/mo plus all utilities. Cabin D/3 – Featuring 2 bedrooms, 1.5 baths w/ a bonus room. This cabin will be vacated upon closing and would be available for an owner occupant. Currently Rented for $1600/mo *Foundation is post on pad

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
8
BikeSomewhat Bikeable

Schools

7/10
6/10
West Valley High SchoolGrades 9-126.7 mi

Construction

Condition

  • Property condition: 16-20 yrs.
  • Year built: 2007

Materials

  • Foundation: Other
  • Roof: Metal
  • Construction materials: Log Siding,Log

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cabin
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Range/Oven,Microwave,Refrigerator,Washer,Dryer
  • Laundry features: Main Level

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Ceiling Fan(s)

Heating

  • Heating features: Monitor/Toyo

Interior Area

  • Total structure area: 2,806
  • Total interior livable area: 2,806 sqft

Property

Details

  • Parcel number: 689815
  • Zoning: NA
  • Zoning description: General Use District - 1

Features

  • Has view: Yes
  • View description: Mountain(s),Territorial

Lot

  • Lot size: 4.28 Acres

Parking

  • Total spaces: 6
  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Wildfire
Winter Weather
Earthquake
Landslide
Lightning

FEMA Declared Disasters in Fairbanks North Star Borough and Alaska

Fire
Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance $171$2,052
Property Taxes $462$5,544
Electricity $467$5,612
Total$3,627$43,524

Income You'd Need if You Spent...

35% on housing$124,354/yr
40% on housing$108,810/yr
45% on housing$96,720/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 99709$139
Fairbanks North Star Borough$140

vs Homes Sold Last Month

Median $/sqft

ZIP 99709$192
Fairbanks North Star Borough$204

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-24Price change$499,900
2022-07-28Price change$424,900
2022-07-19Listed for sale$450,000
2019-11-08Sold--
2019-07-02Listing removed$599,000
2019-03-13Listed for sale$599,000
2019-01-01Listing removed$599,000
2018-07-05Price change$599,000
2018-07-03Listed for sale$649,000

For Sale by Agent

AgentNic Williams
BrokerageTHE REAL ESTATE COLLECTIVE

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