




615 Sheep Creek Rd, Fairbanks, AK, 99709
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
Schools
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
- Earthquake
- Wildfire
- Winter Weather
- Inland Flooding
- Landslide
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Fairbanks North Star Borough and Alaska
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-06 | Listed for sale | $499,900 |
