Land Management

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Northern Region
Silver Creek Subdivision

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LOCATION

FAIRBANKS, ALASKA
TOWNSHIP 2 NORTH, RANGE 1 WEST,
SECTION 35, FAIRBANKS MERIDIAN
PLAT NO. 2018-79
FAIRBANKS RECORDING DISTRICT




DESCRIPTION

The University of Alaska is offering several lots/tracts for sale in Silver Creek Subdivision approximately 12 miles north of Fairbanks on Goldstream Road. Access to the subdivision is by the unconstructed Silver Creek Road. Access to any of the lots/tracts is the responsibility of the individual purchaser.

The Silver Creek Subdivision is located within the Fairbanks North Star Borough and is zoned Rural and Agriculture 5 (RA-5). The subdivision is on southwest facing hillside with black spruce, birch and willows. Utilities have not been extended to the subdivision. Interested parties are encouraged to contact the electric services and phone providers to determine costs associated with connecting to electric and phone services. Portions of this subdivision have been determined to be in wetlands regulated under Section 404 of the Clean Water Act, Department of the Army Corps of Engineers Permit No. POA-2017-587. This subdivision contains a Public Drainage and Native Growth Protection Easement. Interested parties should review the subdivision plat and read all of the plat notes carefully.

All lots/tracts will be sold at or above fair market value.

This notice is effective until all lots/tracts are sold.

Interested parties should thoroughly inspect the lots/tracts prior to submitting offers to ensure that the lots/tracts are suitable for the party’s intended use. Additional information regarding the lots/tracts may be available from local, state and federal offices, including but not limited to: the city or borough assessor’s office, building permitting office and land planning office; local utility companies; district recorder’s office; the State of Alaska Department of Natural Resources, Department of Environmental Conservation, Department of Fish and Game and Department of Transportation and Public Facilities; and the U.S. Department of the Interior Bureau of Land Management, Geological Survey and Environmental Protection Agency, and the U.S. Army Corps of Engineers.

The standard documents that will be used to close sales in this offering are available for review below. A copy of the Silver Creek Subdivision, Plat #2018-79 is available at the Fairbanks District Recorders office, or online www.dnr.state.ak.us/recorders.

The price listed below is the MINIMUM PRICE.

 

PARCEL SUBDIVISION LOT ACRES PRICE
FA.SC.0001 Silver Creek 1 6.583 $13,175
FA.SC.0002 Silver Creek 2 5.822 $11,650
FA.SC.0003 Silver Creek 3 6.106 $12,225
FA.SC.0004 Silver Creek 4 5.814 $11,650
FA.SC.0005 Silver Creek 5 6.332 $10,150
FA.SC.0006 Silver Creek 6 16.561 $26,500
FA.SC.0007 Silver Creek Tract A 78.330 $86,000
FA.SC.0008 Silver Creek Tract B 138.224 $152,000

PROCESS - Cash Purchase Terms and Conditions
The parcel(s) listed above is being offered for sale by the University of Alaska on a first come, first served basis, at or above the Minimum Price. The terms and conditions of this offering are available below. Offer to Purchase Forms are attached to the terms and conditions. Offers must include a minimum of ten percent (10%) of the offer amount, to be applied towards the purchase price. Cash purchases require that the entire balance of the purchase price be paid in full at the time of closing. Cash sales typically take up to 90 days to close, but earlier closings may be accommodated at the University's discretion. Sample copies of the University's current cash sale closing documents are available for review below.