$675,000
505 Craig Avenue
Fairbanks, AK 99701
MLS# 25-12126
4 beds  |  4 baths  |  4340 sqft


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Property Description
Energy efficiency meets luxury living in this 4,340 SF custom home with upscale finishes and a smart, versatile layout. Includes a 956 SF 1BR/1BA MIL apartment with laundry. Main house offers 3,384 SF, 3BR/2.5BA, spacious living, high-end kitchen, dining, and two bonus rooms. Solar, country-style wrap around porch with stamped concrete finish connects to a landscaped yard with greenhouse.

Details
Maps
Documents
Location, Legal, and School Info
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 0072028
Taxes (Estimated): 7873.78
Tax Year: 2025
School-Elementary: Ann Wien
School-Middle: Tanana
School-High: Lathrop
Legal: Hamilton Acres NE L2 B19
Contract Info
Foreclosure/Bank Own: No
Price-List: 675000
Date-Listing: 2025-09-13
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 1
Bathrooms Three Quarter: 0
Bathrooms Full: 3
Bathrooms Total: 4
Acres: 0.19
SF-Lot: 8400
Lot Area Source: Plat
Zoning: TF - Two Family Residential
Garage Spaces: 3
SF-Gar: 992
Carport Spaces: 0
Beds: 4
SF-Res: 4340
Year Built: 2010
Remarks and Directions
Directions: Steese Hwy to Trainor Gate Rd, L on E St, R on Craig Ave, Property on Right.
Residential Type
B & B Potential: 1
Single Family Res: 1
To Show
Lockbox-FBKS Supra: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
VA Loan: 1
Exterior Finish
Other - See Remarks: 1
Heating
Oil: 1
Radiant Floor: 1
Wood: 1
Wood Stove: 1
Topography
Level: 1
Roof Type
Shingle: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Poured Concrete: 1
Slab: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Attached: 1
Heated: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Hardwood: 1
Bamboo: 1
Floor Style
Two-Story Tradtnl: 1
Features-Interior
Air Exchanger: 1
CO Detector(s): 1
Den &/Or Office: 1
Family Room: 1
Jetted Tub: 1
Smoke Detector(s): 1
Soaking Tub: 1
Washer &/Or Dryer: 1
Window Coverings: 1
Wood Stove: 1
Solid Surface Counter: 1
Features-Additional
Buried Fuel Tank: 1
Covenant/Restriction: 1
Deck/Patio: 1
Fenced Yard: 1
Fire Service Area: 1
Garage Door Opener: 1
Greenhouse: 1
In City Limits: 1
Landscaping: 1
Paved Driveway: 1
Private Yard: 1
Storage: 1
Cable TV: 1
Hot Tub: 1
Shed: 1
Water Source
Public: 1
Access Type
Dedicated Road: 1
Maintained: 1
Paved: 1
Mortgage Info
EM Minimum Deposit: 12500
Dining Room Type
Area: 1
Formal: 1
Sewer Type
Public Sewer: 1
Docs Avl for Review
PUR 101: 1
Location Legal and School Info
Area: 715 - East Fairbanks
Street #: 505
Street Name: Craig
Arterial: Avenue
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Features
Residential Type: B & B Potential; Single Family Res
Construction Type: Wood Frame - 2x6
Exterior Finish: Other - See Remarks
Roof Type: Shingle
Foundation Type: Poured Concrete; Slab
Floor Style: Two-Story Tradtnl
Garage Type: Attached; Heated
Carport Type: None
Heating: Oil; Radiant Floor; Wood; Wood Stove
Sewer Type: Public Sewer
Water Source: Public
Dining Room Type: Area; Formal
Features-Interior: Air Exchanger; CO Detector(s); Den &/Or Office; Family Room; Jetted Tub; Smoke Detector(s); Soaking Tub; Washer &/Or Dryer; Window Coverings; Wood Stove; Solid Surface Counter
Flooring: Carpet; Hardwood; Bamboo
Features-Additional: Fenced Yard; Private Yard; Buried Fuel Tank; Cable TV; Covenant/Restriction; Deck/Patio; Fire Service Area; Garage Door Opener; Greenhouse; Hot Tub; In City Limits; Landscaping; Shed; Storage; Paved Driveway
Access Type: Dedicated Road; Maintained; Paved
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
To Show: Lockbox-FBKS Supra
Listing Terms Financing: AHFC; Cash; Conventional; VA Loan
Docs Avl for Review: PUR 101
Supplements
This custom home combines craftsmanship, energy efficiency, and elegant design in one remarkable package. With 4,340 SF total, the property includes a 956 SF mother-in-law apartment (1BR/1BA with laundry) seamlessly tied into the main residence. The 3,384 SF main house features 3 bedrooms, 2.5 baths, a large living room, upscale kitchen, and generous dining area. Two bonus rooms add flexibilityone off the living room ideal for a home office or den, and another off the kitchen currently used as a craft/sewing space but equally suited for hobbies or formal dining. Built to AHFC 5-Star Plus standards, the home delivers proven energy performance while maintaining comfort and luxury. Utility savings are paired with a warm, inviting atmosphere. Outside, a country-style wrap around porch with stamped concrete finish wraps around the home, leading to beautifully landscaped grounds with a greenhouse, container gardens, walkways, a conversation/fire pit area, and hot tub. The curb appeal is striking, and every detail reflects thoughtful design and enduring quality. There are fifteen bi-facial solar panels, designed to collect energy from both sides for maximum efficiency. The system sends power back to the grid, as shown in the usage history. This is a rare opportunity where energy-smart design and luxury finishes align with indoor comfort and outdoor living. Dog grooming station in laundry room and 3 cords of dry/split birch firewood are negotiable. Selling licensee refer to Instructions for Submitting and Offer in associated documents.

IDX
Listing Office: Russo Realty

Last Updated: September - 22 - 2025

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.