$348,000
$358,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
518 N COLCORD Road Payson, AZ 85541
3 Beds
2 Baths
1,512 SqFt
Key Details
Sold Price $348,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $230
Subdivision Payson North 1
MLS Listing ID 6986430
Sold Date 03/12/26
Style Cabin,Ranch
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1970
Annual Tax Amount $1,389
Tax Year 2025
Lot Size 0.267 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Versatile Payson Property with Guest Studio, NO HOA & .27 Acre Lot. Rare opportunity to own a flexible property featuring a 2 bedroom, 1 bath main home (1,080 sq ft) plus a 400 sq ft studio space setup for extra living, has a full bath and kitchen area -- possible rental income, multigenerational living, home office, or small business use. Main home was updated in the early 80's. The main residence offers comfortable living space with room for a dedicated office or bonus area, making it ideal for remote work or hobby space. The detached studio (ADU-style setup) provides excellent privacy and income potential with its own kitchen and full bathroom. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped landscaping that is beautifully manicured and easy to care for. Located with convenient access to parks, grocery stores, restaurants, and local amenities, this property combines flexibility, functionality, and investment potential -- all with NO HOA restrictions.
Location
State AZ
County Gila
Community Payson North 1
Area Gila
Direction Hwy 87 North in Payson, West on Forest Drive, Left on Colcord Road, Right on Colcord Road, home on right with sign.
Rooms
Other Rooms Loft
Master Bathroom true
Master Bedroom Downstairs
Den/Bedroom Plus 4
Separate Den/Office N
Interior
Interior Features Master Downstairs, Eat-in Kitchen, Full Bth Master Bdrm
Heating Electric, Propane
Cooling Ceiling Fan(s), Evaporative Cooling
Flooring Carpet, Linoleum
Fireplaces Type Wood Burning, Living Room
Fireplace Yes
Appliance Dryer, Washer, Refrigerator, Dishwasher, Gas Range, Gas Oven
SPA None
Exterior
Exterior Feature Storage, Separate Guest House
Carport Spaces 2
Fence Chain Link
Utilities Available Butane Propane
View Trees/Woods
Roof Type Composition,Metal
Porch Covered Patio(s)
Private Pool No
Building
Lot Description Dirt Front
Story 2
Builder Name Unknown
Sewer Public Sewer
Water City Water
Architectural Style Cabin, Ranch
Structure Type Storage, Separate Guest House
New Construction No
Schools
Elementary Schools Julia Randall Elementary School
Middle Schools Rim Country Middle School
High Schools Payson High School
School District Payson Unified District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 302-64-139
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional
Financing Cash
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