1514 Second Avenue, Fairbanks, AK 99701

Property Description

PRICE REDUCTION: OWNERS ESTATE WANTS THIS PROPERTY SOLD. Being sold AS IS, BUT most of electrical, roof and plumbing/heating upgrades have been recently done. THIS PROPERTY IS READY FOR NEW BUYERS TO MOVE INTO NOW. OWNERS WILL CONSIDER A REASONABLE OFFER "AS IS". “ A Rare Piece of Fairbanks History, River view, Room to Grow with Endless Possibilities!" This quaint, character-filled home is one of those properties you simply don’t find anymore, a true gem tucked into one of Fairbanks’ most desirable neighborhoods, just off the Chena River, on a generous street-to-street lot with over 16,000 square feet. Whether you’re dreaming of a lovingly restored FAMILY home or a charming BED & BREAKFAST, this property has the bones and the soul to make it happen. The Home The 1,100+ sq ft main floor offers warm, livable spaces with real hardwood floors, built-in bookshelves, and a modern-style wood stove that anchors the spacious living area, with its own parlor, and dining area. The kitchen features a cozy breakfast nook — the kind you want to linger in on a slow morning. A primary bedroom and bath, private office, and an additional guest or studio room round out the main level. Upstairs, a 750+ sq ft level with its own bath and living/studio space functions beautifully as a mother-in-law suite, creative retreat, or private guest quarters. The 950+ sq ft basement adds even more flexibility — laundry area,with its own 1/2 bath, as well as a large open room ready to become a game room, additional sleeping area, or the anchor of a POTENTIAL private studio apartment with an existing kitchenette AND a 3/4 bath, a genuinely compelling option for rental income, or used for multigenerational family living. A large, oversized 2 CAR HEATED garage provides abundant covered storage and workspace — a true Alaska necessity. The Property The lot is a standout. Mature privacy hedges, established landscaping, a darling garden house out back, raised garden bed potential, a circular driveway, and a patio bench tucked beside the sunroom — it all adds up to outdoor living that feels intentional and established. And the location? You’ll watch the beloved Golden Days Parade roll right past from the comfort of your own yard. This home needs updating and vision — but its character, the history, the location, and the sheer possibility here are everything. Properties like this don’t come along often. BUYERS CAN MOVE INTO THIS HOME RIGHT AWAY. MAKE A REASONABLE OFFER FOR THE ESTATE TO CONSIDER!!