About This Home

This 3-bedroom, 2-bathroom single family at 1261 LANCE LANE in Fairbanks, AK is listed for $424,900 ($202 per sqft). Built in 1981, the home offers 2,100 sqft of living space on a 2.19 acres lot.

Key Features

  • Built in 1981
  • 2.19 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
2 full
4 spaces
1981
Listing Description

Perched in the hills with breathtaking mountain views of the Alaska Range, this south facing sanctuary offers a rare combination of charm and versatility, located just 16 minutes from downtown Fairbanks. Enjoy the view from a spacious 300 sq. ft. deck, perfect for relaxing or entertaining.

A thoughtfully designed addition completed in 2006, added valuable living space and functionality, including renovations to electrical and plumbing systems, and a spacious entryway with a woodstove that offers reliable heat throughout much of the house.

Quality craftsmanship and attention to details shine throughout this home. This unique three-story home offers versatile living as a single family 3 bedroom home, or as a 2 bedroom home with a 1 bedroom apt. The lower level has a seperate entrance and has been used as a rental, generating $1,300 per month, providing excellent income potential.

The detached single car garage is currently utilized as a workshop and pottery studio with a 220 electrical line and an attached greenhouse, offering endless possibilities for hobbyists and gardeners alike. The property is landscaped with abundant perennial gardens that return year after year.

Located on a quiet dead end road, this property offers remarkable privacy while remaining just minutes from town, schools, trails, shopping, and all the conveniences Fairbanks has to offer. A true pride-of-ownership property, this home has been well cared for and is ready for its next owner.

Monthly Cost Estimate

$2,272/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,841
Insurance$124

Estimates only. Actual payments may vary.

Location

1261 LANCE LANE

Fairbanks, AK 99712

Andree

Features & Amenities

Interior Features

Wood StoveWalk In ClosetsTile FloorVaulted CeilingSmoke DetectorsHRVLaminate Flooring

Exterior Features

Deck/PatioShop/WorkshopLawnGarden AreaNaturalCovered Deck/Patio

Property Details

Construction

2x6

Pool Features

Patio

Heating

Wood StoveWoodForced Air

Appliances

Range/OvenDishwasherRefrigeratorCeiling FanBlinds

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1261 LANCE LANE is listed at $424,900 ($202/sqft). The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 2.19 acre lot, 2 stories, 4 parking spaces. Interior Features: Wood Stove, Walk In Closets, Tile Floor. Exterior Features: Deck/Patio, Shop/Workshop, Lawn.

This property is listed by Grace Minder and can be reached at 9073788934.

GM

Grace Minder

Agent at GRACE MINDER REALTY INC.

(907) 378-8934

Listed by GRACE MINDER REALTY INC. · View on Broker Site

MLS# 160526· Source: listhub· 6 days on market

Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1261 LANCE LANE, Fairbanks, AK 99712

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