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615 Sheep Creek Rd, Fairbanks, AK, 99709

7beds
4baths
1,800sqft
$499,900
$278price/sqft
$3,478/moest. monthly cost
$139,120/yrincome needed

About This Home

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.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
55
BikeBikeable

Schools

7/10
7/10
6/10
West Valley High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: 20 + yrs.
  • Year built: 1985

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal,Shingle
  • Construction materials: T1-11,2x6

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator
  • Laundry features: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Window features: Double Pane Windows
  • Flooring: Tile

Heating

  • Heating features: Monitor/Toyo

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 0627410
  • Zoning: N/A
  • Zoning description: Rural Estate Districts - 2

Features

  • Exterior features: Lawn,Natural
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 10.21 Acres

Parking

  • Total spaces: 8
  • 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
  • Earthquake
    EarthquakeVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Wildfire
Winter Weather
Inland Flooding
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 $318$3,820
Total$3,478$41,736

Income You'd Need if You Spent...

35% on housing$119,245/yr
40% on housing$104,340/yr
45% on housing$92,746/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

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 99709$137
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)

Price History

DateEventPrice
2026-02-06Listed for sale$499,900

For Sale by Agent

AgentSam Oxman
BrokerageTHE REAL ESTATE GROUP AK

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