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Why Live in Chena Ridge
Chena Ridge in Ester, located on the outskirts of Fairbanks, offers a blend of rugged outdoor living and community spirit. The neighborhood is known for its dirt trails, such as the East Side Upland Trail in the Isberg Recreation Area, which cater to advanced hikers with significant elevation gains. Wildlife sightings, including moose, are common, especially near the Chena and Tanana rivers, popular for kayaking and canoeing. While Chena Ridge lacks established parks, Ester Community Park, about 4 miles north, provides soccer fields, a playground, and hosts events like Ester Fest and an Independence Day parade. Dining options include the Pump House Restaurant & Saloon, known for its mining décor and river views, and Lemongrass Thai Restaurant. Essential shopping is available at Fred Meyer and Safeway, 2 miles south. The neighborhood's homes range from small cabins needing renovations to spacious two-story houses with mountain views, situated on sizeable lots with forested surroundings. West Valley High, a highly rated school, serves the area. Chena Ridge's dirt and gravel roads require four-wheel-drive vehicles, especially during heavy winter snowfalls, fostering a strong sense of community as neighbors often assist each other. Fairbanks International Airport is conveniently located just east of the neighborhood.
Home Trends in Chena Ridge, AK
On average, homes in Chena Ridge, Ester sell after 71 days on the market compared to the national average of 70 days. The median sale price for homes in Chena Ridge, Ester over the last 12 months is $346,793, up 5% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$346,793
Median Single Family Sale Price
$345,000
Median Townhouse Sale Price
$343,396
Median 1 Bedroom Sale Price
$1,560,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
4
Last 12 months Home Sales
52
Months of Supply
0.90
Median List Price
$359,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
5%