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    2866 Monarch Rd, Fairbanks, AK 99709

    5beds
    3,024sqft
    Single Family Residence
    Built in 1979
    2.7 Acres Lot
    $566,800 Zestimate®
    $--/sqft
    $2,486 Estimated rent

    Home value

    $566,800

    $516,000 - $623,000

    $2,486/mo

    Zestimate® history
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    What's special

    Exquisite Goldstream Valley Home with Income-Generating Potential and Views of Alaska Range Set on a hillside in the serene natural surroundings of Goldstream Valley, this remarkable 5 bed, 4 bath home offers a unique blend of luxury, craftsmanship, and practicality. With expansive views of the Alaskan Range and the wetlands of the Goldstream Valley, you’ll be captivated by the beauty of midnight sunsets and the northern lights, from the comfort of your own home. Main level features: As you approach this home, you'll notice the authentic redwood siding, lush lawn and plenty of space to spread out! Inside, enjoy a gourmet cooking experience in this uniquely designed kitchen with natural cork flooring. The open dining and kitchen spaces flow into the main living area, featuring an attractive wood stove that creates a warm, inviting atmosphere for family gatherings or for entertaining. There's plenty of room here! Also on the main floor are two bedrooms, washer and dryer space, and full bathroom. Great Land windows are featured throughout the entire home — quality year round. Private Primary Suite: The entire third floor holds the primary bedroom area. Offering stunning property views and exceptional opportunities to see the winter northern lights from the comfort of your bed, this area is an escape from the rest of the home. The custom primary bath features a river-stoned shower, Italian marble, and concrete countertops. Ground Level: This versatile space can function as another bedroom area, or a private MIL suite with excellent income options. Currently, the homeowner uses this space as a highly sought after Airbnb with exceptional occupancy history. Also on the lower level is a custom-designed music room, with curved veneer doors and bamboo flooring, adding a special touch of elegance for homeowners. This room can open up to a beautiful sun room when not used as part of the Airbnb. Exceptional Garage: Accessed directly from the lower level of the home is a large garage that easily accommodates two cars. The garage has 14' ceilings, generous storage, workbenches, and plenty of additional space for projects, tools, summer/winter gear, etc. Additional Property Highlights: The property includes two possible income-generating units; one attached to the home on the ground level, and one fully detached 400 sq ft building that has an additional kitchen, sleeping area and full bathroom. This unit also has an excellent rental history. The home features an HRV system, Burderus boiler/furnace, and radiant floor heating on the first and second floors for ultimate comfort. Outdoor Amenities: Also on the property are a custom barn, greenhouse/chicken coop, and an expansive deck across the front of the home, offering endless possibilities for outdoor activities and hobbies. An established lawn, garden areas, and stunning views from almost every angle enhance this property’s charm. No need to be concerned about rusty well water with this home; there is a private well & the water here is fantastic! This truly exceptional property offers a quiet, peaceful retreat while also being a smart investment opportunity. In the hills just minutes from UAF, from the west side of Fairbanks amenities, and near Moose Mountain, don’t miss out on this unique Alaskan home!

    Zillow last checked: 10 hours ago

    Listing updated: December 05, 2025 at 11:58am

    Listed by:

    Elizabeth Schok 907-322-9188,

    SOMERS SOTHEBY'S

    Bought with:

    Elizabeth Schok

    Source: GFMLS,MLS#: 155377MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • Partial bathrooms: 1
    Heating
    • Wood Stove, Radiant Floor, Hot Water
    Cooling
    • Air Conditioning
    Appliances
    • Included: Range/Oven, Dishwasher, Refrigerator
    • Laundry: Main Level
    Features
    • Vaulted Ceiling(s), HRV
    • Flooring: Hardwood, Tile
    • Windows: Fiber Glass, Thermal Pane
    • Basement: Full,Finished,Walk-Out Access
    Interior area
    • Total structure area: 3,024
    • Total interior livable area: 3,024 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Heated Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck/Patio
    • Exterior features: Airplane Access, Lawn, Garden
    • Has view: Yes
    • View description: Mountain(s), Territorial, Other, Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 2.70 Acres
    Details
    • Additional structures: Barn(s)
    • Parcel number: 0154075
    • Zoning: N/A
    • Zoning description: General Use District - 1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, 2x6
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • 31 + yrs
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Gas: Oil
    • Sewer: Private Sewer
    • Water: Private

    Community & neighborhood

    Location
    • Region: Fairbanks
    • Subdivision: South Hill

    Price history

    DateEventPrice
    7/31/2024Sold--
    Source: GFMLS #155377 Report a problem
    6/12/2024Pending sale$599,000$198/sqft
    Source: GFMLS #155377 Report a problem
    6/11/2024Listed for sale$599,000+14.1%$198/sqft
    Source: GFMLS #155377 Report a problem
    6/12/2021Listing removed--
    Source: GFMLS #147265 Report a problem
    6/3/2021Listed for sale$525,000-12.5%$174/sqft
    Source: GFMLS #147265 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,448 -9.1%$468,089 -0.4%
    2024$7,095 +13.5%$469,977 +2%
    2023$6,249 +3.6%$460,757 +14.1%

    Find assessor info on the county website

    Neighborhood: 99709

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pearl Creek
    • 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.