Sold

2866 MONARCH RD

Fairbanks AK, 99709

N/A


Sold

5 Beds

5 Baths

2,845 sqft

Residential

Built in 1979

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!

155377

MLS ID

June 11, 2024

Listed

February 12, 2025

Updated

Interior Features

Bedrooms

5


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

Vaulted Ceiling(s)


Appliances

Dishwasher, Oven, Range, Refrigerator


Laundry Description

Main Level


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Oil, Wood, Baseboard, Radiant, Wood Stove

Exterior/Building Features

Lot Size

2.74 Acres


Exterior Features

Garden


Architectural Style

Multi-Level


Roof

Shingle


Window

Insulated Windows

School Information

High School

West Valley


Elementary School

Pearl Creek

Other Property Details

Area Name

NW RURAL FAIRBANKS


Days on Market

2


Garage

Yes


Garage Spaces

2


Parking

Garage Door Opener, Attached


Parking Total

2


View

Yes


View Description

Lake, Mountain(s)


County

Fairbanks North Star Borough


Water Source

Well, Private


Pool

No


Zoning

General Use District - 1

Listing History

Date

Event

Price

7/31/2024

Sold

6/13/2024

Pending

Listed by: SOMERS SOTHEBY'S, Elizabeth Schok 

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