4535 S Melan Drive, Fairbanks, Alaska

  • $84,900
  • 2
  • 1,152
  • 2.03
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Here is your opportunity to make this place your own! The project is started and the ball is rolling, simply pick it up and finish it to your liking. There is an existing cabin on the premises you can live in while finishing your dream home. It is currently rented to a local dog musher along with the dog yard. Alternatively you can continue renting to offset some expenses while you build.Speaking of mushing, this area is a dog musher's paradise! Located on the trail system and close to the Yukon Quest trail this owner builder opportunity sits on a private 2 acre lot. But let's get back to your project. The house is on concrete pilings with adjustable piers. It is raised about 4' intentionally to allow for space to store a water holding tank, already on site, and skirting around the base. There is a septic system already installed ready to be tied into. The main floor is already framed and much of the materials needed to continue are already on site. The walls are 2x8 top and bottom studs with 24" on center staggered 2x4 studs for an energy efficient design with less thermal transfer, similar to a traditional double stud wall. The exterior dimensions are 24'x24' and a second story was the intended final design. The photos include a design similar to what the current owner had envisioned as the final product. There is a set of trusses onsite intended for a detached 12x22 garage. Current owner states she has invested about $80,000 in materials and labor alone to date, not to include the price of the land. There is power on site for the existing cabin. You have a big jump start on building your new home. You can see the end product in your head, simply pick up that rolling ball and run with it. Being sold AS-IS. Current owner is willing to consider owner finances purchase option, however greatly prefers buyer obtain lender financing is needed.

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Essential Information

  • MLS® # 18-16390
  • Price $84,900
  • Bedrooms 2
  • Bathrooms 0.00
  • Square Footage 1,152
  • Acres 2.03
  • Year Built 2003
  • Type Residential
  • Sub-Type Single Family Res
  • Style Two-Story Tradtnl
  • Status Active

Community Information

  • Address 4535 S Melan Drive
  • Area 747 - Chena Hot Springs Rd
  • Subdivision Melbar L16 BD
  • City Fairbanks
  • State Alaska
  • Zip Code 99712


  • Features Fixer Upper, Road Service Area, Shed
  • Garages None
  • Waterfront None


  • Interior Features Range/Oven, Refrigerator
  • Heating Monitor, Stove


  • Roof Other - See Remarks
  • Construction Other - See Remarks
  • Foundation Pilings

School Information

Additional Information

  • Date Listed September 25th, 2018
  • Days on Market 359
  • Zoning RA5 - Rural and Agricultural
  • HOA Fees 0.00

Listing Details

  • Listing Office: Madden Real Estate Fairbanks Keller Williams


  • $/SqFt $74

Neighborhood Information

Stable Population, Moderate Residential Turnover

  • Icon of money $150,000

    Median Price

  • Icon of a grid layout $313

    Median Price/Sqft

  • Icon of a bar graph 97.63%

    Sale/List Ratio

  • Icon of a house 64

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 14.07″

    Annual Precipitation

  • Icon of a sun 5.90°F /72.20°F

    Avg. Highs -

  • Icon of a cloud and moon -13.90°F /45.40°F

    Avg. Lows -

  • Icon of a group of people 13,948

    PopulationBased on Nearest ZIP Code

  • Icon of a person 27

    Median Age

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Listing information last updated on September 19th, 2019 at 1:19pm AKDT.