Welcome to * * 1302 McGrath Road * * , where classic Alaska character meets exceptional versatility on 3.4 scenic acres overlooking Fairbanks. Perched in the desirable hills north of town and above the inversion, this distinctive log home offers panoramic territorial views, outstanding privacy, and the kind of setting that captures everything people dream about when they picture living in Interior Alaska. Complete with a detached guest cabin, oversized shop, and beautifully maintained grounds, this is far more than a home. It's a property designed to embrace the Alaska lifestyle. Built in 1972, the main residence offers approximately 2,375 square feet of living space with four bedrooms, two bathrooms, and an attached two-car garage. Constructed as a two-story home with a daylight basement supported by a concrete block foundation, the floor plan is both functional and flexible. The main level features two bedrooms, a full bathroom, a spacious living room, dining area, kitchen, and an inviting solarium that fills the home with natural light while showcasing the surrounding landscape. The lower level expands the living space with two additional bedrooms, another full bathroom, a dedicated laundry and storage area, and an expansive bonus room centered around a stunning masonry fireplace. Whether you envision a media room, recreation space, home office, fitness area, or multiple gathering spaces, this level provides exceptional flexibility for a variety of lifestyles. Outside, the property continues to impress. A detached guest cabin includes one bedroom and one bathroom, creating opportunities for guest accommodations, extended living arrangements, creative workspace, or other permitted uses. An additional detached garage and shop provide approximately 1,256 square feet of space for vehicles, equipment, woodworking, hobbies, recreational gear, or Alaska toys, making this property exceptionally well equipped for both work and play. The 3.4-acre parcel has been thoughtfully maintained and offers an inviting blend of open lawn, mature landscaping, and natural surroundings. A large driveway provides parking for numerous vehicles, trailers, or recreational equipment, while the expansive grounds offer room to garden, explore, enjoy outdoor recreation, or simply take in the peaceful surroundings. With elevated views overlooking Fairbanks and a location above the inversion, you'll enjoy abundant sunshine and remarkable scenery throughout the seasons. Located in the Rural Residential District, the property offers the feeling of a private Alaska retreat while remaining within a convenient commute to shopping, dining, schools, employment centers, and everyday amenities. Whether you're heading into town for work or setting out on your next outdoor adventure, this location provides an outstanding balance of accessibility and seclusion. Properties offering an authentic log home, guest cabin, detached shop, acreage, panoramic views, and above-the-inversion living are exceptionally rare. If you've been searching for a property that captures the spirit of Alaska while providing the space, versatility, and comfort to enjoy it every day, * * 1302 McGrath Road * * is an opportunity you won't want to miss. Schedule your private showing and experience everything this remarkable Alaska property has to offer.
Single-familyProperty Type
1972Year Built
3.41 acresLot Size
$168Price/Sq.Ft.
2 garage spacesParking
Listed by Nic Williams• THE REAL ESTATE COLLECTIVE
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Around this home
Schools
K - 12
Preschool & daycare
Weller Elementary School
Public PreK-5 • Assigned • 1.9mi
8/10
Tanana Middle School
Public 6-8 • Assigned • 4.2mi
6/10
Lathrop High School
Public 9-12 • Assigned • 5.6mi
5/10
Provided by GreatSchools
About Farmer's
Loop
Farmer's Loop, located between the University of Alaska Fairbanks campus and the Chena River corridor, is a rural and artsy Fairbanks neighborhood with a spruce-lined road network and a patchwork of small farms. The neighborhood’s character concentrates around the Farmer’s Loop Road and Badger Road junction, where trailhead chatter, roadside stands, and workshop studios set the tone. Community pillars include the Georgeson Botanical Garden, the University of Alaska Museum of the North, and the Fairbanks Summer Arts Festival’s campus venues. Homes range from cabins and log-sided houses to newer builds on wooded lots, with long driveways and big skies. Daily life tracks the seasons, from garden plots and greenhouse starts to winter ski loops and aurora watching. A calm, outdoors-first rhythm defines the area, with culture and nature sharing the same backroads.
Provided by Walk Score and Local Logic
Offer insights
1302 Mcgrath Rd · $499,900
$499K and above
75% chance or better to win
Why $499K+ is a strong offer
DAYS ON MARKET
40 days
The average home goes pending in 52 days.
SALE-TO-LIST
100.5%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Skylights
Water softener
Bedrooms
2 bedrooms on the main level
Bathrooms
2 full bathrooms
1 bathroom on the main level
Kitchen
Dishwasher
Oven
Range
Refrigerator
Flooring
Hardwood floors
Heating & cooling
Oil heating
Ceiling fans for cooling
Exterior features
Shingle roof
Shed(s) on the property
Rural residential setting
Home design
Single-family residence
Residential property
Parking
10 total parking spaces
2-car attached garage with garage door opener
Construction
Log construction
Utilities
Private well water
Electricity and solar
View estimated energy costs and solar savings for this home
Wonderful log home in the hills and a detached shop! Did I mention there is a Mother In Law Cabin too! Home shows wonderful and has large open entertaining area on main level. Kitchen has white cabinets and stainless steel appliances and is very ample in size. On the main level, there are two bedrooms and a bathroom, beautiful vaulted ceilings and skylights that give this floor a very open feel. You will also find an office/sunroom/craftroom that is heated and located right off the garage on this level. Downstairs you will find another large living room area and a masonry heater that is massive and all done with attractive stacked stone. Plenty of room down here for a living room and also a game room area. Two more bedrooms and a remodeled bathroom on this level, along with a huge laundry room with additional room for storage and folding areas. Also located downstairs is a masonry heater that is a $30,000 upgrade!! Garage sqft is divided as follows. .. An attached 2 car garage that is approximately 576 sq ft, and a detached shop that is approximately 680 sq ft (34'x20' interior dimensions). All topped off with a System 2000 boiler and a wonderful guest cabin that is fully plumbed with kitchen and bathroom and a holding tank for this structure only. No showings on Mother in Law cabin until 2nd showing.
Public Records
Sep 6, 2005
Sold
—
Public Records
Sep 6, 2005
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$5,609 (+4.7%)
$32,583 + $389,423
$422,006
2024
$5,358 (+1.5%)
$32,583 + $373,765
$406,348
2023
$5,281 (+1.4%)
$32,583 + $373,765
$406,348
2022
$5,209 (−6.5%)
$32,583 + $373,472
$406,055
2021
$5,574 (+0.6%)
$32,583 + $329,899
$362,482
2020
$5,538 (+3.0%)
$32,583 + $320,387
$352,970
2019
$5,375 (+7.0%)
$32,583 + $308,525
$341,108
2018
$5,022 (−5.2%)
$32,583 + $308,525
$341,108
2017
$5,298 (+18.9%)
$32,583 + $301,651
$334,234
2016
$4,456 (+3.5%)
$32,583 + $257,586
$290,169
2014
$4,304
$32,583 + $252,089
$284,672
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
3.41 Acres
Year renovated
—
Finished Sq. Ft.
2,975
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,975
Year built
1972
Style
Single Family Residential
County
Fairbanks North Star Borough
APN
236420
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RR
Rural Residential District
This district is intended for low density residential development and other compatible uses in areas where community sewer and water systems may or may not be available.
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Fairbanks, AK • 99712
Average low and high temperatures (°F)
6
-5
8
-6
16
-7
38
22
51
34
65
46
65
49
59
45
49
36
31
20
10
-1
-3
-13
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fairbanks. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
12 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1302 Mcgrath Rd
$499,059
$841 under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $460K.