$347,252Average Value$204Average Price per Sq Ft23Homes For Sale
Forested, hilly community east of Fairbanks
At first glance, Steele Creek might look like an uninhabited forest. Its rolling hills, though, are home to almost 6,400 people. “It’s kind of far from Fairbanks, but people live out there for a reason. They don’t mind driving to get what they need,” says Eric Tupper, a lifelong Fairbanksian and a Realtor with Powered by Lymburner Realty since 2017. “There’s more open land, and there are fewer covenants and restrictions. A lot of people have horses out there. It’s also very popular for hay farming and dog sledding.” This spacious community stretches about 10 miles from east to west, and Chena Ridge Road is the main route through it. On the south side of this road, land levels out; on the north side, elevation increases, and gravel roads have more of an incline. “You get the best of both worlds out there because of the hills,” says Joe Rafson, a golf professional born and raised in Fairbanks. “It’s warmer in the winter and cooler in the summer.”
Exploring the woods outside of town, Chena River
This area doesn’t have many established parks, so most people explore their properties and surrounding forest. Mostly unmarked trails are scattered throughout the neighborhood, and they’re used in winter for dog sledding and cross-country skiing. Birch Hill Recreation Area is on the neighborhood’s west side, and some say its ski trails are some of the best in the state. About 6 miles of these are lighted by solar power, and they’re all maintained by the Nordic Ski Club of Fairbanks and the city’s parks and recreation department. Just south of the neighborhood, the Chena River flows into Fairbanks, and it’s frequented for kayaking and fishing. Wildlife sightings are common along this river and throughout the neighborhood. Other natural phenomena make an appearance from August through April. “You can see the northern lights better because light pollution is substantially less than in town,” Tupper says. “Everybody has seen the pictures, but it’s a cool experience in person. You get to see them dancing and moving around the sky.”
The Birch Hill Recreation Area has open fields for sports and recreation.
The Gold Dredge 8 takes a look back at the mining operation for gold near the Steele Creek area.
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Homestead living and hillside views
Steele Creek’s housing is characteristic of Fairbanks, with custom-built homes on wooded lots. Properties have a lot of differences between them, but they’re usually in the cabin or traditional style. They could have one or two stories, and most yards have room for gardens or stables. Lots of properties peak out through the trees, almost hidden on long gravel or dirt driveways. On the other hand, some homes are close to the main road, and they’re usually the most budget-friendly option. On flat ground with views blocked by forest, they may have older septic systems or need renovations. These properties range from $45,000 to $275,000. Prices increase with higher elevation, as hillside homes can have clearer mountain views. They’re usually on the neighborhood’s west side. Additionally, they usually have more square footage and bigger lots. They sell between $300,000 and $600,000. The average property sells in 38 days, quicker than the national average of 44 days.
Steele Creek has energy efficient cabins suited for the long winters.
Steele Creek residents looking for more space can look for higher-priced two-story homes.
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Chena Hot Springs Road and winter weather
Steele Creek is outside of town, disconnected from the city’s bus system and all-paved roads. Most people have four-wheel drive for the gravel roads that carve through the hills. However, Chena Hot Springs Road is paved and mostly flat. It’s the main thoroughfare to get west into town and east into the Two Rivers neighborhood. This two-lane road is marked as low priority by the city’s snowplows and can often be covered in powder after a storm; plows might take a few days to come out. Residents can check the community Facebook page, Chena Hot Springs Road Conditions, before driving. This route connects to state Route 2, which goes south into Fairbanks. From the center of the neighborhood, the drive is about 6 miles.
Town drives to Fairbanks North Star Borough Schools
Weller Elementary is on the neighborhood’s east side, near the start of Chena Hot Springs Road. It gets a B from Niche. This campus is about 6 miles north of Tanana Middle, which is closer to town and gets a B-minus. Lathrop High is roughly 3 miles west and gets a B. Its football team has played in the Division II state title game since 2020; they haven’t lost to another Alaska Interior team in that time either.
Weller Elementary School serves 372 students from various neighborhoods in Fairbanks.
Tanana Middle School in Fairbanks encourages students to succeed.
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Hot Springs Gas, Larae’s and Fairbanks shops
Hot Springs Gas is toward the middle of the neighborhood, and it’s the only commercial option around here. It sells fuel, of course, but it’s also a liquor and grocery store. While it’s roughly a 5 mile drive east, Larae’s Breads, Pies and Espresso is near the Two Rivers neighborhood. This small restaurant, in addition to serving breakfast, often hosts cookie decorating events on the weekends. More restaurants and shops are available near the Bentley Mall, about 6 miles south of the neighborhood in Fairbanks. Walmart Supercenter, Fred Meyer and Costco are all here, and department stores are mixed in. Downtown Fairbanks is more touristy, but its businesses are just south of here.
Hot Springs Gas is the main stop for locals to fill up on gas and purchase convenience items.
Steele Creek residents can grab a coffee and dessert at Larae's Breads, Pies and Espresso.
GreatSchools:
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On average, homes in Steele Creek, Two Rivers sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Steele Creek, Two Rivers over the last 12 months is $367,000, up 5% from the median home sale price over the previous 12 months.
This is a Fabulous listing that is the home for the STARS or group that would love to treat themselves or maybe an inclusive wedding. This Establishment has many ways to make a living such as of AirBNB, Bed and Breakfast. 8 bedrooms 5 bathrooms. 2 Laundry areas/one on each level - Everything you see is included. A COMPLETE turn key ready to go home with over $200,000 worth of furniture, Art,
ENGINEER REPORT COMPLETE AND ALMOST ALL ITEMS COMPLETE - Owner Financing Available - Lot big enough to build another unit - This brand new little home is on a perfect piece of land out in the Steele Creek area. The 2.5 acres gives you plenty of room. With the well and septic you will have all the amenities. This open concept with washer and dryer hookups will seem easy to live fancy free
Your next home is cozy and well situated to offer the perfect blend of comfort and wilderness living, just 10 minutes from town on paved roads yet tucked away above the winter inversion for warmer temperatures, clearer skies, and cleaner air. The home is surrounded by a thoughtfully cleared and carefully maintained yard—perfect for aurora viewing in the winter and soaking up the midnight sun in
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