For sale

$499,000

Est. $3,309/mo —

—

•

4 ba

•

2,256

sq ft

615 Sheep Creek Rd, Fairbanks, AK 99709

About this home

A Rare Multi-Cabin Investment Just Minutes from UAF. Tucked into a quiet, wooded setting only three miles from the University of Alaska Fairbanks, this four-cabin compound offers a rare chance to own an income-producing retreat with ski, bike, and running trails just 100 feet from the door. The property includes three two-story, two-bedroom cabins with spiral staircases plus one studio unit, well suited to long-term rentals, visiting professionals, or executive housing. Each cabin offers open-concept living, a full kitchen, a covered porch, and a private yard, striking a balance between privacy and community. Built for Alaska's climate, every unit has its own electric meter, a 300-gallon fuel tank, a 500-gallon water tank, an exterior car plug, and energy-efficient 6" wall construction. All-weather access keeps the property close to downtown Fairbanks while preserving a secluded, peaceful feel, and long-term tenants already in place mean immediate income from day one. Total gross rents $3,800/month

Multi-familyProperty Type

2010Year Built

10.03 acresLot Size

$221Price/Sq.Ft.

16 spacesParking

Listed by Jerry Lymburner • POWERED BY LYMBURNER REALTY

Listing updated: Aug 10, 2026 at 09:37am

Redfin checked: a few seconds ago

•Source:GFBR #161000

Payment calculator

$3,309 per month

Principal and interest$2,689

Property taxes

$523

HOA dues

Home insurance

$96

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Pearl Creek Elementary School

Public PreK-5 • Assigned • 3.3mi

8/10

Randy Smith Middle School

Public 6-8 • Assigned • 5.5mi

7/10

West Valley High School

Public 9-12 • Assigned • 3.7mi

6/10

Provided by GreatSchools

About Gold Stream

Valley

Gold Stream Valley, located between Goldstream Road and the Chena River corridor, is a rural and wooded Goldstream neighborhood with broad creek-bottom flats and spruce-lined ridgelines. The area reads as cabins, homesteads, and small-lot homes set back from the road, with long driveways and big skies. The neighborhood’s character concentrates around the Goldstream Road corridor near the Goldstream Valley area, where mailboxes, trail pullouts, and local stop-ins set the day-to-day rhythm. Community pillars include the Goldstream Community Center, the Goldstream Sports Complex, and the nearby University of Alaska Museum of the North for culture and events. Winters bring aurora watching from dark roadside stretches, while summer leans into biking and river time. The pace stays quiet, shaped by forest edges, wetlands, and the seasonal swing of light.

Provided by Walk Score and Local Logic

Market insights

615 Sheep Creek Rd · $499,000

DAYS ON MARKET

The average home goes pending in 50 days.

LIST PRICE

Median list price in this area is $374,086. (25% lower than this home)

PRICE DROP

28% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Range, Oven, Refrigerator
Oil heating
Smoke detectors

Kitchen
Range
Oven
Refrigerator

Heating & cooling
Oil heating

Sale and tax history for 615 Sheep Creek Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$6,281 (+2.3%)

$30,187 + $383,083

$413,270

2024

$6,138 (+0.7%)

$30,187 + $376,388

$406,575

2023

$6,094 (+5.9%)

$30,187 + $376,388

$406,575

2022

$5,752 (+1.0%)

$30,187 + $376,515

$406,702

2021

$5,695 (+5.7%)

$30,187 + $312,448

$342,635

2020

$5,389 (+3.2%)

$30,187 + $276,858

$307,045

2019

$5,224 (+8.2%)

$30,187 + $251,305

$281,492

2018

$4,829 (+3.9%)

$30,187 + $251,305

$281,492

2017

$4,649 (+3.3%)

$30,187 + $256,726

$286,913

2016

$4,501

$30,187 + $256,852

$287,039

Public record

Public record
Zoning

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

13.45 Acres

Year renovated

—

Finished Sq. Ft.

1,020

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,020

Year built

1985

Style

Other

County

Fairbanks North Star Borough

APN

627410

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

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 • 99709

Average low and high temperatures (°F)

-5

-3

-11

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Details provided by GFBR and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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