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363 Park Way, North Pole, AK, 99705

4beds
2baths
2,350sqft
$364,900
$155price/sqft
$2,861/moest. monthly cost
$114,440/yrincome needed

About This Home

Space. Updates. Location. This North Pole home checks the boxes buyers keep asking for. With over 2,300 square feet of living space, this 4-bedroom, 2-bath home sits on a large 15,000 sq ft corner lot and delivers the kind of room and flexibility that’s getting harder to find. Inside, the layout opens up into a bright living area that flows naturally into the dining space and kitchen, creating an easy environment for everyday living or hosting friends and family. The home features modern flooring, solid-surface countertops, and updated finishes that give it a clean, refreshed feel while still being practical for Alaska life. The kitchen offers plenty of counter and cabinet space, making it functional for everything from quick breakfasts to weekend gatherings. Downstairs, the daylight basement adds serious flexibility. Whether you want a second living room, home gym, movie room, office, hobby space, or a combination of all of them, the extra square footage gives you options. Step outside and you'll find one of the standout features of the property: a large wrap-around deck overlooking the yard, perfect for summer grilling, relaxing evenings, and enjoying the long Interior Alaska daylight. The yard provides room for gardening, outdoor activities, and plenty of space to spread out. The home is connected to public water and sewer and offers dependable hot water baseboard heating along with energy-efficient windows, helping keep things comfortable through the seasons. Location is another win. You're just minutes from Santa Claus Lane, the Santa Claus House, North Pole schools, and local shopping, with an easy drive to Fairbanks. Outdoor lovers will also appreciate being close to Chena Lake Recreation Area, where you can enjoy boating, trails, fishing, and year-round recreation. Come take a look and see why this one stands out. VA Assumption ready at sub 3%.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
6/10
North Pole Middle SchoolGrades 6-80.9 mi
3/10
North Pole High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: 31 + yrs
  • Year built: 1975

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: T1-11,Furred Out

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven,Dishwasher,Microwave,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Solid Type Countertop
  • Window features: Double Pane Windows,Triple Pane Windows
  • Flooring: Tile,Laminate,Vinyl

Heating

  • Heating features: Hot Water

Interior Area

  • Total structure area: 2,350
  • Total interior livable area: 2,350 sqft

Property

Details

  • Parcel number: 300161
  • Zoning: unknown
  • Zoning description: General Use District - 1

Features

  • Patio & porch: Deck/Patio
  • Exterior features: Lawn,Garden,Internet Available,Telephone Service

Lot

  • Lot size: 0.34 Acres

Parking

  • Parking features: RV Access/Parking,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
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Winter Weather
Lightning
Wildfire

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 $1,845$22,140
Home Insurance $150$1,800
Property Taxes $475$5,700
Electricity $391$4,700
Total$2,861$34,332

Income You'd Need if You Spent...

35% on housing$98,091/yr
40% on housing$85,830/yr
45% on housing$76,293/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

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 99705$152
Fairbanks North Star Borough$141

vs Homes Sold Last Month

Median $/sqft

ZIP 99705$220
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
2026-05-13Price change$360,000
2026-04-30Price change$364,900
2026-04-27Price change$369,900
2026-04-22Price change$374,900
2026-04-15Price change$379,900
2026-04-01Price change$389,900
2026-03-14Listed for sale$394,900
2025-06-20Listing removed$389,900
2025-05-30Listing removed$2,850
2025-05-27Price change$389,900
2025-05-20Listed for rent$2,850
2025-05-09Price change$394,900
2025-04-15Listed for sale$399,900
2025-04-14Pending sale$399,900
2025-04-07Listed for sale$399,900
2025-04-07Listing removed$399,000
2025-03-06Pending sale$399,000
2024-11-07Listing removed$2,750
2024-09-08Price change$2,750
2024-08-29Listing removed$379,000
2024-08-21Listed for rent$2,900
2024-07-30Price change$395,000
2024-06-26Price change$399,000
2024-05-16Price change$412,500
2024-05-03Listed for sale$419,900
2017-05-01Sold--
2015-05-06Sold--

For Sale by Agent

AgentJon Majors
BrokerageMAJORS REALTY GROUP, LLC

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