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875 Lancaster Dr, Fairbanks, AK 99712

4beds

3,395sqft

Single Family Residence

Built in 1994

1.8 Acres Lot

$536,500 Zestimate^®

$--/sqft

$4,389 Estimated rent

Home value

$536,500

$510,000 - $563,000

$4,389/mo

Zestimate^® history

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What's special

Large two-level deckExcellent natural light

Back on market to no fault of this beautiful home or amazing owners. Pride of ownership shows in this spacious 4 bedroom home situated on almost 2 acres in the hills of Fairbanks. The layout is open, flows extremely well and offers excellent natural light. It's no surprise this home was in the Interior Alaska Builders Association Parade of Homes when it was built. Both the living and family rooms are oversized and offer ample space for family and friends. The additional 2 bonus rooms downstairs are ideal for a home office, workout room, etc. There are generous closet and storage spaces throughout the home. The large two-level deck is a summertime dream. There is even a 12x16 shed for additional storage needs. You will love this home! Come take a look!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
Partial bathrooms: 1

Rooms

Room types: Family Room, Den/Study/Office, Master Suite

Heating

Hot Water

Appliances

Included: Range/Oven, Dishwasher, Disposal, Microwave, Refrigerator
Laundry: Main Level

Features

Windows: Vinyl, Double Pane Windows, Drapes
Basement: Daylight

Interior area

Total structure area: 3,395
Total interior livable area: 3,395 sqft

Property

Parking

Total spaces: 2
Parking features: RV Access/Parking, Heated Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: Tri-Level
Patio & porch: Deck/Patio

Lot

Size: 1.8 Acres

Details

Parcel number: 364991
Zoning: UNK
Zoning description: Rural Estate Districts-2

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Cedar, Vinyl Siding, 2x8
Foundation: Block
Roof: Shingle

Condition

31 + yrs
New construction: No
Year built: 1994

Utilities & green energy

Gas: Oil
Sewer: Private Sewer
Water: Private

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Arbor Estates

Location

Region: Fairbanks

Financial & listing details

Tax assessed value: $472,775
Annual tax amount: $7,352
Date on market: 3/4/2026
Listing terms: Cash/Refinance

Price history

Date	Event	Price
5/22/2026	Sold	--
Source: GFMLS #159451 Report a problem
5/4/2026	Pending sale	$539,900$159/sqft
Source: GFMLS #159451 Report a problem
4/18/2026	Listed for sale	$539,900$159/sqft
Source: GFMLS #159451 Report a problem
3/9/2026	Pending sale	$539,900$159/sqft
Source: GFMLS #159451 Report a problem
3/4/2026	Listed for sale	$539,900+9.1%$159/sqft
Source: GFMLS #159451 Report a problem
4/14/2023	Sold	--
Source: AKMLS #22-15328 Report a problem
3/15/2023	Pending sale	$494,900$146/sqft
Source: AKMLS #22-15328 Report a problem
2/23/2023	Price change	$494,900-1%$146/sqft
Source: GFMLS #151498 Report a problem
1/17/2023	Price change	$499,900-2%$147/sqft
Source: GFMLS #151498 Report a problem
11/23/2022	Listed for sale	$509,900-1.9%$150/sqft
Source: GFMLS #151498 Report a problem
7/2/2022	Listing removed	--
Source: GFMLS #149562 Report a problem
6/3/2022	Price change	$520,000-2.8%$153/sqft
Source: GFMLS #149562 Report a problem
4/8/2022	Listed for sale	$535,000+13.9%$158/sqft
Source: GFMLS #149562 Report a problem
10/2/2020	Sold	--
Source: Agent Provided Report a problem
7/30/2020	Listed for sale	$469,900$138/sqft
Source: SOMERS SOTHEBY'S INTERNATIONAL REALTY #144703 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,352 +5.2%	$472,775 +2%
2024	$6,985 +1.5%	$463,551 +0.1%
2023	$6,880 +1.5%	$463,314 +11.4%
2022	$6,778 -3.6%	$415,978 +5.1%
2021	$7,031 +7.7%	$395,734 +7.8%
2020	$6,527 +12.6%	$366,934 +4.2%
2018	$5,797 +10.9%	$351,983 +6.6%
2017	$5,225	$330,083 +2.1%
2016	$5,225 +7.9%	$323,222 +4.3%
2015	$4,845	$309,800
2014	$4,845	$309,800 +2.6%
2013	--	$301,874 -4.6%
2012	--	$316,376 +0.5%
2011	--	$314,652
2010	--	$314,652 +0.9%
2009	--	$311,918 -1.5%
2008	--	$316,532 +0.1%
2007	$5,291 +9.5%	$316,084 +17.9%
2005	$4,831 +14.5%	$268,085 +17%
2003	$4,220 0%	$229,105
2002	$4,222 +3.7%	$229,105 +1.9%
2001	$4,072	$224,768