$900,000
Payson, AZ 85541
MLS# 94403
3 beds | 2 baths | 1800 sqft
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Property Description
Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort. The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience. Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.
Details
Maps
Status Change Info
Status: Active
Sold Price/SqFt: 0
Contract Information
List Price/SqFt: 500
Foreclosure: No
Status: Active
Property Sub-Type: Site Built
List Price: $900,000
Current Price: $900,000
List Date: 2026-07-25
List Type: Exclusive ARS
Location, Tax & Legal
Lot #: 16
Zoning: Residential
Taxes: 2250.08
Tax Year: 2025
Assessor's Book #: 304
Assessors Map #: 04
Assessor's Parcel #: 223
APN #: 304-04-223
HOA: No
Legal Description: Section: 03 Township: 10N Range: 10E North 2/3 Of South 385.908' Lot 16 , Earl Russell Subdivision , Plat 73Ne1/4 Sec 3 T10n R10e = 1.94 Ac
Street #: 401
Direction: S
Street Name: Bassett
Suffix: Lane
State: AZ
Zip Code: 85541
Area: Payson Southeast
Sub Code: Russell Subdiv & Addit
County: Gila
Location
In Payson City Limits: 1
General Property Description
Acres: 1.95
Lot Dimensions: 258'x313'x257'x310'
Apx SqFt: 1800
Bedrooms: 3
Horses: Yes
Waterfront: No
View: Yes
Apx SqFt Range: 1751 - 2000
Source of SqFt: Owner
Carport Capacity: 1
Fireplace/Stove: Yes
Total Bathrooms: 2
Baths - Full: 1
Baths - 3/4: 1
Year Built: 1967
Garage Capacity: 2
Remarks & Misc
Directions: From the intersection of Hwy 87 (Beeline Hwy) and Hwy 260 head East on Hwy 260. Turn right on Granite Dells Rd. Turn right on Mud Springs Rd. Right on Miller Rd. Turn left on Bassett Ln. Follow down to 401 S Bassett Ln on the left. Open gate and follow through to the houe.
Public Remarks: Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort.
The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience.
Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.
To Show
Showing Service Name: Broker Bay
Text/Call Listing Agent: 1
Construction
Wood Frame: 1
Style
Single Level: 1
Ranch: 1
Interior Features
Master Main Floor: 1
Dual Pane Window: 1
Instant Hot Water: 1
No Interior Steps: 1
Parking Features
Garage & Carport: 1
Detached: 1
RV Parking: 1
Covered RV Parking: 1
Floor Covering
Laminate: 1
Tile: 1
Lot/Street Improvem.
Dirt Street: 1
Siding
Wood: 1
Exterior Features
Patio: 1
Covered Porch/Deck: 1
Tall Pines on Lot: 1
Panoramic Views: 1
View of Mountains: 1
In the Trees: 1
Storage/Utility Shed: 1
Kitchen Features
Refrigerator: 1
Electric Range: 1
Non Laminate: 1
Roof
Metal: 1
Utilities Available
Electricity: 1
Piped Propane: 1
Sewer Hooked In: 1
Telephone: 1
Cable TV/Satellite: 1
Internet Hook Up: 1
Trash: 1
Underground Util: 1
Fencing
Chain Link: 1
Heating
Propane: 1
Water Heater
Propane: 1
Tankless: 1
Sub Floor Type
Slab: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
Dining Room
Living-Dining Combo: 1
Laundry
Washer: 1
Dryer: 1
Utility Room: 1
Cooling
Central: 1
Electric Refrig.: 1
Ceiling Fan: 1
Other Rooms
Sun Room: 1
Fireplace/Woodstove
Fireplace: 1
In Living Room: 1
Property Features
To Show: Text/Call Listing Agent
Location: In Payson City Limits
Style: Single Level; Ranch
Parking Features: Garage & Carport; Detached; RV Parking; Covered RV Parking
Construction: Wood Frame
Siding: Wood
Roof: Metal
Fencing: Chain Link
Exterior Features: Patio; Covered Porch/Deck; Panoramic Views; View of Mountains; In the Trees; Tall Pines on Lot; Storage/Utility Shed
Interior Features: Master Main Floor; Dual Pane Window; Instant Hot Water; No Interior Steps
Sub Floor Type: Slab
Floor Covering: Laminate; Tile
Kitchen Features: Refrigerator; Electric Range; Non Laminate
Dining Room: Living-Dining Combo
Laundry: Washer; Dryer; Utility Room
Water Heater: Propane; Tankless
Other Rooms: Sun Room
Cooling: Central; Electric Refrig.; Ceiling Fan
Heating: Propane
Utilities Available: Electricity; Piped Propane; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Underground Util
Possession: At Close of Escrow
IDX
Listing Office: SOUTHWEST MOUNTAIN REALTY, LLC
Last Updated: July - 26 - 2026
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.