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
For sale
$499,000
615 Sheep Creek Rd, Fairbanks, AK 99709
4beds
4baths
2,256sqft
Multi Family
Built in 2010
-- sqft lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
Open-concept livingAll-weather accessSpiral staircasesPrivate yardCovered porchExterior car plugFull kitchen
- 54 days
- 509
- 28
Zillow last checked:
Listing updated:
Listed by:
Jerry Lymburner 907-347-4433,
POWERED BY LYMBURNER REALTY
Source: GFMLS,MLS#: 161000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Monitor/Toyo
Appliances
- Included: Range/Oven, Refrigerator
Interior area
- Total structure area: 2,256
- Total interior livable area: 2,256 sqft
Property
Parking
- Total spaces: 16
- Parking features: RV Access/Parking, No Garage
Features
- Exterior features: Garden, Natural, Telephone Service
Lot
- Size: 10.03 Acres
Details
- Parcel number: 627410
- Zoning: UNK
- Zoning description: Rural Estate Districts - 2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cabin
- Property subtype: Multi Family
Materials
- T1-11, 2x6
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- 16-20 yrs.
- New construction: No
- Year built: 2010
Utilities & green energy
- Gas: Oil
- Sewer: Private Sewer
- Water: Cistern
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: 1N 2W
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $221/sqft
- Annual tax amount: $6,307
- Price range: $499K - $499K
- Date on market: 8/10/2026
- Cumulative days on market: 234 days
- Listing terms: Cash/Refinance,1031 Exchange
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $499,000-0.2%$221/sqft |
Source: | ||
| 8/4/2026 | Listing removed | $499,900$222/sqft |
Source: | ||
| 2/6/2026 | Listed for sale | $499,900$222/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 99709
Nearby schools
Schools provided by the listing agent
- Elementary: University Park
- Middle: Randy Smith
- High: West Valley
Source: GFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



