$331,939Average Value$197Average Price per Sq Ft29Homes 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.
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Steele Creek Demographics and Home Trends
On average, homes in Steele Creek, Two Rivers sell after 35 days on the market compared to the national average of 55 days. The median sale price for homes in Steele Creek, Two Rivers over the last 12 months is $435,000, up 14% from the median home sale price over the previous 12 months.
Set on 1.37 wooded acres in Fairbanks' popular East Rural hills, this 1,772-square-foot, two-story home offers a comfortable layout, a private setting, and a detached heated two-car garage. Built in 1998 with 2x6 construction and a poured concrete foundation, the property combines practical features with a number of recent improvements. The main level has a bright, open feel with durable
Build your dream home on this expansive lot with vast territorial and mountain views. Set atop Birch Hill in a neighborhood with large lots, very nice homes, and protective covenants, you will have the perfect balance of natural beauty and privacy, yet just minutes from town. Good building soils, large birch trees and at the end of a cul-de-sac, so no through traffic. Power adjacent. Be above the
Build your Alaska dream home on this 2.42-acre lot in Twin Springs Subdivision. Located in the Chena Hot Springs area, this wooded parcel offers room to spread out while still providing convenient road access. Bring your plans and make this piece of Alaska yours.
Great Building lot that touches both Steele Creek Road and Spudwood Road. Electric is adjacent. Grab it now, get to building in spring. Owner Financing available.
Property has a non-functioning bathroom. Septic and well condition are unknown IRHA has done much of the work on this home, previous owner stated that the well is 367' deep and flowed at 7 gallons per min. Property is camera and alarm protected please provide adequate time for showings to prevent misunderstandings with security system and automatic police dispatch. Sellers ask that the property
A well-built Birch Hill home with space and size anyone can appreciate and enjoy! 3 bed, 2 full bath, and 2,590 sqft on 1.16 acres. The attached 3-car garage runs over 1,000 sqft, giving you room for vehicles, storage, and a workbench without competing for space. A full-length elevated deck spans the front of the home, and the pull-through driveway makes winter access simple. The home is
Massive price reduction!! 1050 Gold Mine Trail is a move-in ready property perfect a family/hobby farm. Set on nearly 3 acres above the inversion—where winter temperatures are often 20° warmer or more than in town—this beautifully renovated 3-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and Alaska living. Recent updates to the kitchen and bathrooms make this home truly
Solid well-built 2-story home on 2.5 wooded hillside acres. Energy-efficient double-wall construction, triple-pane windows, poured concrete foundation, hot water baseboard heat, and a drilled well (not a holding tank). Three bedrooms, two baths up including a primary suite with balcony, walk-in closet, and deep soaking tub; main level has kitchen, laundry, dining, living, half bath, and office.
This 19.17-acre parcel offers an opportunity to own a sizable piece of undeveloped Alaska land near Captains Creek and the Chatanika river! Enjoy the privacy, natural setting, and outdoor recreation this property has to offer. Whether you're looking for recreational land, a private getaway, or a place to explore future possibilities, this parcel is worth a look. Buyer to verify all utilities,
THE SELLER IS OFFERING OWNER FINANCE TERMS. THIS LOT IS IN A GREAT AREA IN A SUBDIVISION WITH NICE HOMES NOT FAR FROM TOWN. IF YOU ARE LOOKING FOR SOUTHERN EXPOSURE WITH SOME SIZE THESE FIT THE PROFILE!
Beautiful home 5 minutes from town on Birch Hill. Completely rebuilt in 2008, originally constructed in 1955. Bright and open floor plan, Great Land windows through out. Wrap around Trex deck. Landscaped, built in planters, garden area, much more. Engineer inspection by Tim Henry this year with many of the corrections done. Two additional lots available (Lot 2 0.92 acres and Lot 3 1.49 acres) for
THE SELLER IS OFFERING OWNER FINANCE TERMS. THIS LOT IS IN A GREAT AREA IN A SUBDIVISION WITH NICE HOMES NOT FAR FROM TOWN. IF YOU ARE LOOKING FOR SOUTHERN EXPOSURE WITH SOME SIZE THESE FIT THE PROFILE!
Property Id: 2614645 Cozy place out of town, but still 5 minutes from shopping. Furnished with a small garage and its own washer dryer combo. All utilities paid. Tenant is responsible for trash.
New Construction Efficiency, fully furnished home located just outside of Fairbanks, AK. This home is a perfect blend of comfort and convenience, offering a modern, open-concept living space with a 3/4 bathroom with laundry. The kitchen is equipped with a refrigerator and stove/oven, providing all the essentials. This home is also pet-friendly, welcoming ONE pet upon approval.
Check out your own slice of privacy with this 3 bedroom 1.5 bath home located 15 minuntes from town, Rent is $2500.00 a month tenant pays all utilities. Deposit is one months rent with additional for pets. Flexable lease option 6 to 12 months. Located at the end of a cul-de-sac, this home sits on almost an acre and a half of property and has a massive cleared and fenced back yard! The home
Looking for a home on the Steese Highway? This unique property features a 4-bedroom, 2-bathroom main house along with a fully furnished bonus guest suite, which is perfect for a home office or hobby space. Please note that the guest suite is not available for subletting. The backyard has a huge, well-kept greenhouse and a spacious detached garage for additional storage or projects. For your
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