About This Home

This 2-bedroom, 1-bathroom single family at 1980 MILKY WAY in Fairbanks, AK is listed for $450,000 ($261 per sqft). Built in 1982, the home offers 1,725 sqft of living space on a 7.35 acres lot.

Key Features

  • Built in 1982
  • 7.35 acre lot
  • 2 stories

Property Details

2 stories
1 full
1982
Listing Description

Private, versatile, and packed with Alaska charm, 1980 Milky Way offers the kind of setup that's getting harder to find. Situated on 7.35 wooded acres, this 1,725 square foot, 2 bedroom, 1 bath home combines rustic character with practical function in a peaceful, tucked-away setting.

Built with energy-efficient double wall construction, the home was designed for comfort in Alaska's climate while offering warm natural wood finishes and a distinctive lodge-like feel. Expansive wraparound decking creates multiple places to relax, entertain, and take in the surrounding trees and privacy.

This property shines well beyond the main home. A 1,022 square foot heated garage/shop offers outstanding space for projects, storage, equipment, or recreational toys, while the 280 square foot guest cabin adds flexible room for guests, hobbies, or workspace.

Several additional sheds and outbuildings provide even more storage and utility. Previously home to a family with horses, the acreage offers excellent potential for a hobby farm, animals, or anyone looking for room to live a more self-sufficient lifestyle. If you've been searching for a property with privacy, usable acreage, outbuildings, and true Alaska character, this one deserves a look.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1980 MILKY WAY

Fairbanks, AK 99712

AMANITA HEIGHTS

Features & Amenities

Interior Features

Wood StoveHardwood FloorsSmoke Detectors

Exterior Features

Deck/PatioRV ParkingFenceHorse PropertyShop/WorkshopShedLawnNatural

Property Details

Construction

Double Wall

Pool Features

Patio

Heating

WoodWood Stove

Appliances

Range/OvenDishwasherRefrigeratorWasherDryer

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1980 MILKY WAY is listed at $450,000 ($261/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 7.35 acre lot, 2 stories. Interior Features: Wood Stove, Hardwood Floors, Smoke Detectors. Exterior Features: Deck/Patio, RV Parking, Fence.

This property is listed by JT Morgan and can be reached at 9079870604.

JM

JT Morgan

Agent at HEDGECOCK GROUP REAL ESTATE, LLC

(907) 987-0604

Listed by HEDGECOCK GROUP REAL ESTATE, LLC · View on Broker Site

MLS# 160666· Source: listhub· 2 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.

1980 MILKY WAY, Fairbanks, AK 99712

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