4655 Drake St, Fairbanks, AK, 99709
About This Home
Located in the highly sought-after University West neighborhood, this expansive 7-bedroom home offers the space, flexibility, and comfort today’s buyers are looking for. With room for everyone and everything, this property is ideal for those who need space to live, work, and gather. A two-car garage provides convenient parking and additional storage, while the fully fenced backyard offers a private retreat-perfect for summer evenings, pets, or outdoor entertaining. Inside, the open-concept design creates a natural flow between the kitchen, living, and dining areas, making the home feel both spacious and connected. The kitchen is well-appointed with generous counter space, creating an inviting hub for cooking, conversation, and everyday living. The adjoining living and dining areas provide a warm and welcoming setting for both quiet nights in and hosting friends and family. A versatile bonus space adds even more functionality, easily serving as a family room, game room, media space, or playroom tailored to fit your lifestyle. Ideally located just minutes from the University of Alaska Fairbanks, this home is also close to schools, parks, and playgrounds, offering both convenience and a strong sense of community. Combined with its flexible layout, this is a rare opportunity to enjoy space, comfort, and location. With 3 bathrooms strategically placed throughout the home, mornings flow seamlessly, ensuring everyone's needs are met efficiently. The bonus room offers versatility, whether it's utilized as a home office, a cozy reading nook, or a play area for little ones. Call us today for your home tour! Don't miss this jewel!
Getting Around
Car-Dependent
Minimal Transit
BikeableSchools
Construction
Condition
- Property condition: 31 + yrs
- Year built: 1978
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: 2x6
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Dishwasher,Microwave,Refrigerator,Washer,Dryer
- Laundry features: Lower Level
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Laminate
- Fireplace: Yes
Heating
- Heating features: Hot Water,Fireplace
Interior Area
- Total structure area: 3,306
- Total interior livable area: 3,306 sqft
Property
Details
- Parcel number: 0270504
- Zoning: N/A
- Zoning description: Two-Family Residential District
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Lawn,Telephone Service
- Fencing: Fenced
Lot
- Lot size: 8,712 sqft
Parking
- Total spaces: 2
- Parking features: Heated Garage,Garage Door Opener
- 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
- Winter Weather
- Earthquake
- 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 | $2,351 | $28,212 |
| Home Insurance | $159 | $1,908 |
| Property Taxes | $664 | $7,968 |
| Electricity | $551 | $6,613 |
| Total | $3,725 | $44,700 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $465,000 |
| 2024-09-13 | Listing removed | $3,000 |
| 2024-08-13 | Listing removed | -- |
| 2024-08-01 | Price change | $3,000 |
| 2024-07-11 | Listed for rent | $2,600 |
| 2024-05-08 | Listed for sale | $450,000 |
| 2024-04-22 | Pending sale | $450,000 |
| 2024-04-16 | Listed for sale | $450,000 |
| 2018-04-08 | Listing removed | $2,600 |
| 2018-03-06 | Listed for rent | $2,600 |
| 2015-06-30 | Listing removed | $2,850 |
| 2015-06-25 | Listed for rent | $2,850 |
| 2015-06-25 | Listing removed | $325,000 |
| 2015-05-17 | Price change | $325,000 |
| 2015-05-11 | Price change | $328,000 |
| 2015-04-24 | Price change | $328,500 |
| 2015-04-11 | Price change | $334,600 |
| 2015-03-12 | Price change | $334,500 |
| 2015-01-09 | Price change | $339,000 |
| 2014-10-29 | Listed for sale | $345,000 |
| 2012-12-06 | Listing removed | $314,000 |
| 2012-09-24 | Price change | $314,000 |
| 2012-08-25 | Listed for sale | $319,000 |
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