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Pleasant Valley Homes for Sale

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  • /21

    $174,950

    $15K PRICE DROP
    • 1 Bed
    • 1,500 Sq Ft

    7046 Sweren Loop, Fairbanks, AK 99712

    This contemporary style home in Pleasant Valley offers a solid foundation with huge potential. Large south-facing windows flood the kitchen with natural light. With one bedroom and practical layout, this home presents opportunity for those ready to invest in its future. The heated garage provides year-round utility and storage flexibility, while the oversized garage door accommodates larger

    Agent Photo

    Kelly Paschall

    ALASKA REAL ESTATE VALUES

    7046 Sweren Loop, Fairbanks, AK 99712
  • /32

    $449,900

    $35K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,816 Sq Ft

    7350 Grayling Ave, Fairbanks, AK 99712

    Welcome to this spacious 4-bedroom, 3-bath home situated on just over 4 acres, offering plenty of room both inside and out. The home features a private primary suite along with three additional bedrooms, a generous entryway, and a recently updated kitchen with new countertops and flooring. The home offers multiple heating options, including an outdoor wood boiler and a boiler located in the

    Larry Terch VETERANS REALTY

    7350 Grayling Ave, Fairbanks, AK 99712
  • /43

    $499,900

    $28K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,460 Sq Ft

    6897 No Name Ln, Fairbanks, AK 99712

    This is the kind of property people move to Alaska hoping to find. If you're comparing it only by bedroom count and square footage, you're missing what makes 6897 No Name Lane special. Set on 2.5 private acres in the Two Rivers area, this property offers far more than a home. It is a complete Alaska setup for someone who wants room to work, store equipment, raise animals, grow food, enjoy the

    GARY GALLEMORE ALASKA PROPERTY ADVISORS

    6897 No Name Ln, Fairbanks, AK 99712
  • /4

    $235,000

    $30K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 4,232 Sq Ft

    410 Kaufman Ln, Fairbanks, AK 99712

    Property is currently rented on a month to month basis. There is a minimum two day notice to show. Can be converted to SF, duplex, B and B, or many other uses, including commercial. Sold AS-IS. See engineer's inspection dated April 2022. Cash, construction loan or renovation loan. Building was built in 3 stages, various foundations, year built is unknown. This property was donated to the Badger

    Gene DuVal BROKER ASSOCIATES OF FAIRBANKS

    410 Kaufman Ln, Fairbanks, AK 99712
  • /14

    $65,000

    • Land
    • 10 Acres
    • $6,500 per Acre

    264 Kaufman Ln, Fairbanks, AK 99712

    Ten level acres at 22 mile Chena Hot Springs Road in Pleasant Valley. The house was lost to fire in July 2026 and the debris has been cleared. What remains is an open building site of about an acre, a private drive, a power pole with service on site, and a septic with a drain field replaced about two years ago. Six inch drilled well on site. Balance is wooded. Dog teams and horses okay, no

    Joe Russo RUSSO REALTY

    264 Kaufman Ln, Fairbanks, AK 99712
  • /27

    $60,000

    • Land
    • 5 Acres
    • $12,000 per Acre

    320 Pheasant Farm Rd, Fairbanks, AK 99712

    Welcome to 320 Pheasant Farm Rd! This unique 5-acre Fairbanks property features two existing 2-bed/1-bath cabins, offering nearly 2,000 sq ft of total living space. Both cabins feature metal roofs, good plumbing and pier & beam foundations. The property also has existing electrical connections, well and septic infrastructure, providing a great opportunity for buyers looking for acreage, multiple

    Morgan Macchione HOME TOWN REAL ESTATE

    320 Pheasant Farm Rd, Fairbanks, AK 99712

Why Live in Pleasant Valley

Pleasant Valley in Two Rivers is a remote neighborhood where self-sustainable living is common, with homes typically featuring wood stoves, water wells, and septic systems. Properties are often on multiple-acre forested parcels, providing privacy and space for amenities like horse stables or guest cabins. Most homes are located on the south side of Chena Hot Springs Road, away from the northern hills. The area has a slower real estate market, with properties averaging 100 days to sell. Local dining options include Wagner’s Pizza Bus, known for its diverse pizza offerings, and Mein Diner, which serves German cuisine. The Pleasant Valley Store provides convenience items and gas, while larger grocery stores and shops are about 25 miles away in North Pole or Fairbanks. The Pleasant Valley Community Association hosts weekly events and seasonal celebrations, fostering a strong sense of community. The neighborhood is served by Two Rivers School for kindergarten through eighth grade, with high school students attending North Pole High. Residents often use four-wheel drive vehicles due to the dirt and gravel roads, and Chena Hot Springs Road connects the area to Fairbanks. Outdoor activities are abundant, with dog mushing being a popular pastime and Chena River State Recreation Area offering hiking, rock climbing, and camping opportunities. The neighborhood has a low crime risk compared to the national average, contributing to its appeal for those seeking a quiet, rural lifestyle.

Pleasant Valley, Two Rivers, AK Home Prices vs. Nearby Neighborhoods

Pleasant Valley Two Rivers Steele Creek Badger
Median Home Price
$412,450
$319,950
$427,400
$375,000
Median Sale Price
$360,000
+29% YoY
$280,000
-1% YoY
$435,000
+14% YoY
$370,000
+1% YoY
Avg. Price per Square Foot
$219
$200
$197
$219
Median Single Family Price
$400,000
$300,000
$419,000
$371,000
Total Active Listings
6 listings
2 listings
29 listings
90 listings
Market Conditions
5 Months of Supply
Balanced Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Pleasant Valley a good place to live?
Pleasant Valley is a good place to live. Pleasant Valley is considered somewhat bikeable. It has a median age of 43. The average household income is $148,002 which is above the national average. College graduates make up 32.1% of residents. A majority of residents in Pleasant Valley are home owners, with 23% of residents renting and 77% of residents owning their home. A local real estate agent serving Pleasant Valley can help you decide if this neighborhood is the right one for you. Learn more on our Pleasant Valley neighborhood guide.
How much do you need to make to afford a house in Pleasant Valley?
The median home price in Pleasant Valley is $412,450. If you put a 20% down payment of $82,500 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $2,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Pleasant Valley. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Pleasant Valley is $148K.
What are the best public schools in Pleasant Valley?
The best public schools that serve Pleasant Valley are:
What are the most popular zip codes in Pleasant Valley, Two Rivers, AK?
The most popular zip codes in Pleasant Valley, Two Rivers, AK include 99712 and 99705.
What are the most popular neighborhoods near Pleasant Valley, Two Rivers, AK?
The most popular neighborhoods near Pleasant Valley, Two Rivers, AK are Steele Creek, Badger and Moose Creek.
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