1185 Lake Dr, North Pole, AK, 99705
About This Home
Welcome to this beautifully fully renovated home located just a short walk from the new Three Bears in North Pole. Situated on nearly an acre of land, this property offers plenty of outdoor space along with 2,496 sqft of comfortable living. Inside, you’ll find an inviting open layout with 4 bedrooms, 2 bathrooms, and a 2-car heated detached garage perfect for families or anyone needing extra room. The main floor features a spacious living area, a modern kitchen, and one bedroom, ideal for guests or convenient main-level living. The finished basement includes three additional bedrooms and an extra living area, providing flexibility for an office, hobby space, or a growing household. Conveniently close to shopping, schools, and all local amenities, this home is truly move-in ready and waiting for you to make it your own. Don’t miss this fantastic opportunity to own a fully updated home in a great North Pole location!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 31 + yrs
- Year built: 1974
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Lap Siding,2x4
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Dishwasher,Microwave,Refrigerator
Basement
- Has basement: Yes
- Basement: Daylight,Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s)
- Window features: Triple Pane Windows
Heating
- Heating features: Hot Water
Interior Area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
Property
Details
- Parcel number: 0115576
- Zoning: Unknown
- Zoning description: Rural Residential District
Features
- Patio & porch: Deck/Patio
Lot
- Lot size: 0.90 Acres
Parking
- Total spaces: 2
- Parking features: Detached/HTD
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Lightning
- Wildfire
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 | $2,401 | $28,812 |
| Home Insurance | $196 | $2,352 |
| Property Taxes | $503 | $6,036 |
| Electricity | $416 | $4,992 |
| Total | $3,516 | $42,192 |
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 |
|---|---|---|
| 2026-03-28 | Price change | $489,000 |
| 2026-02-02 | Price change | $499,900 |
| 2025-11-21 | Listed for sale | $509,900 |
| 2025-05-12 | Sold | -- |
| 2025-04-15 | Pending sale | $225,000 |
| 2025-04-10 | Price change | $225,000 |
| 2025-03-28 | Listed for sale | $250,000 |
| 2015-06-20 | Listing removed | $178,000 |
| 2015-05-24 | Price change | $178,000 |
| 2015-05-17 | Listed for sale | $179,000 |
| 2013-07-04 | Listing removed | $184,900 |
| 2013-05-16 | Listed for sale | $184,900 |
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