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$614,999

270 Terrace Dr Fairbanks, AK 99712

6 beds
5 full
3,929 sqft
1.0 acres
$157 / sqft
Multi-Family

Property details

About 270 Terrace Dr

Check out this amazing Birch Hill, 5-bedroom duplex on 1.71 acres. Close to town, but in a private setting! Unit 1; on the left consists of 3bedrooms, 3 bathrooms and 2 garage spaces. This side offers access to a large deck off the dining room, 2 living spaces, a bonus room and a sauna in the downstairs bathroom. Rent for this unit is $2700/month. Unit 2; the 2-bedroom, 2-bathroom unit on the right side also offers a deck off the kitchen, a living room and a huge recreation room! There is a single garage bay for this unit, and rent is $2600/month. The property is currently set up as a duplex but could easily be converted to a single-family home by opening up the connecting interior doorway. Owners have installed a 14kW solar system with battery backup that is grid tied and feeds unit 1. Owner pays for heating oil, the Buderus boiler is in the garage and heats both structures. Owner pays electric for tenants in unit 1, unit 2 tenant pays electric. This unique property offers 2 spacious units, garage parking and unlimited potential. The solar system will cut utility costs significantly. Seller also has a VA loan with2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!

Highlights

Home typeMulti Family
HeatingBaseboard, Oil
StatusActive
Size3,929 sqft
Lot size1 Acres
Year built1979
MLS #25-5125
Garage3 spaces

Summary

  • Full Bathrooms: 5
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Heating: Baseboard, Oil
  • List Price: $614,999
  • Price/SqFt: $156
  • Annual Tax Amount: $7,386
  • Tax Year: 2024
  • Directions: Take Steese to a right on Fairhill and the first left onto E. Birch Hill road and second right into the Vue Crest Subdivision on Crest drive and first right onto Terrace. Home on left
  • Year Built: 1979
  • Living Area: 3,929 SqFt
  • Lot Size: 1 Acres
  • MLS Number: 25-5125
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Alaska Life Realty
  • Office Phone: (907) 385-3004
  • Office Email: akliferealty@outlook.com

IDXThe 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 this broker are marked with either the listing brokerage’s logo or 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 4:40:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$493,643$7,386
2023$490,097$7,232
2021$399,405$7,038
2020$376,474$6,663
2018$364,760$6,009

History based on county public records data.

Nearby schools

7

Weller Elementary School

Public District KG-6

2.4 mi

635 Elementary Dr

5

Anne Wien Elementary School

Public District KG-6

2.7 mi

1501 Hampstead Ave

6

Arctic Light Elementary School

Public District KG-6

3.2 mi

4167 Neely Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $88,889. The majority of Fairbanks, AK residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
44%
35k-100k
33%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

29%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
49%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 270 Terrace Dr

The listing price of 270 Terrace Dr property is $614,999.

The property 270 Terrace Dr is a multi located in Fairbanks, Alaska, 99712.

Active Listing: 270 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 270 Terrace Dr are: Weller Elementary School (GreatSchools Rating 7/10), Anne Wien Elementary School (GreatSchools Rating 5/10), Arctic Light Elementary School (GreatSchools Rating 6/10), Ladd Elementary School (GreatSchools Rating 5/10), Tanana Middle School (GreatSchools Rating 4/10), Randy Smith Middle School (GreatSchools Rating 4/10), Fairbanks B.E.S.T. (GreatSchools Rating 5/10), Alternative Learning Systems (GreatSchools Rating 3/10), Lathrop High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $7,386 (source: MLS/based on county public records data).

The property 270 Terrace Dr is 3,929 SqFt (source: MLS/tax record).

The year of construction for 270 Terrace Dr is 1979.

This home is located at 270 Terrace Dr in Fairbanks, AK and zip code 99712. This 3,929 square foot home, which was built in 1979, sits on a 1.00 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $614,999.

In June 2025 in Fairbanks, AK there were 14.3% more homes for sale than in May. Listings spent 49 days on the market in June 2025, and had a median list price of $325,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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