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2240 Solar Ave, Fairbanks, AK, 99709

--beds
--baths
--sqft
$94,900
--price/sqft
$916/moest. monthly cost
$36,640/yrincome needed

About This Home

Tucked away in a peaceful setting, 2240 Solar Ave offers the privacy that's becoming harder to find. This small, cozy cabin is perfect for anyone looking to enjoy a quieter lifestyle while still being within easy reach of town. The unique location provides a sense of seclusion with plenty of room to relax and enjoy the surroundings. Whether you're looking for a full-time home, a weekend getaway, or an investment opportunity, this property is ready for its next owner. Come see what makes this setting so special why it should be your NextHome!

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
32
BikeSomewhat Bikeable

Schools

8/10
7/10
6/10
West Valley High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

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 $479$5,748
Home Insurance $32$384
Property Taxes $87$1,044
Electricity $318$3,820
Total$916$10,992

Income You'd Need if You Spent...

35% on housing$31,405/yr
40% on housing$27,480/yr
45% on housing$24,426/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 99709$142
Fairbanks North Star Borough$141

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
2026-08-08Pending sale$94,900
2026-08-01Listed for sale$94,900

For Sale by Agent

AgentKyle Allison
BrokerageNextHome Arctic Sun

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