270 Terrace Dr Fairbanks, AK 99712
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
Summary
- Full Bathrooms: 5
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- List Price: $630,000
- Price/SqFt: $160
- 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
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 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: 5/7/2025, 4:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$630,000
270 Terrace Dr
$7,481
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Price information
Property sales
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Tax history
| Year | Assessment | Property 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.
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. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
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: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $630,000.
In April 2025 in Fairbanks, AK there were 16.7% less homes for sale than in March. While the average time on the market in April 2025 was 79 days, the median list price was $324,950.