505 Craig Avenue, Fairbanks, AK 99701 (MLS# 25-12126)
$675,000
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
Area: 715 - East Fairbanks
Street #: 505
Street Name: Craig
Arterial: Avenue
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Contract Info
Price-List: 675000
Date-Listing: 2025-09-13
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Residential - Single Family
Property Attached/Common Walls: No
Construction Status: Existing Structure
Beds: 4
Bathrooms Half: 1
Bathrooms Full: 3
Bathrooms Total: 4
SF-Res: 4340
Year Built: 2010
Garage Spaces: 3
SF-Gar: 992
SF-Lot: 8400
Lot Area Source: Plat
Acres: 0.19
Zoning: TF - Two Family Residential
Remarks and Directions
Directions: Steese Hwy to Trainor Gate Rd, L on E St, R on Craig Ave, Property on Right.
Mortgage Info
EM Minimum Deposit: 12500
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.
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.
PUR 101