$900,000
Payson, AZ 85541
MLS# 7074357
3 beds | 2 baths
1 / 27
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.
Details
Maps
Contract Information
List Price: $900,000
Status: Active
Current Price: $900,000
List Date: 2026-08-28
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 401
Compass: S
Street Name: BASSETT
St Suffix: Lane
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Zip4: 4996
Country: US
County Code: Gila
Assessor Number: 304-04-223
Subdivision: EARL RUSSELL
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1
Total Bathrooms: 2
Approx SQFT: 2236
Price/SqFt: 402.5
Horses: Y
Builder Name: Unknown
Year Built: 1967
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 80179
Approx Lot Acres: 1.841
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Payson Unified District
High School District: Payson Unified District
Elementary School: Payson Elementary School
Jr. High School: Rim Country Middle School
High School: Payson High School
Remarks Misc
Cross Street: Miller Rd & Bassett Ln
Directions: From Mazatzal Casino head North on Hwy 87. Turn right (East) on Hwy 260. Turn right on E. Granite Dells Rd. Turn right at the roundabout (S. Mud Springs Rd). Turn right on E. Miller Rd. Turn left on S. Bassett Ln. House will be on the left (no sign). Open gate and follow through to house.
Geo Lat: 34.236271
Geo Lon: -111.308779
Legal Info
Township: 10N
Range: 10E
Lot Number: 16
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Carport Spaces: 1
Total Covered Spaces: 3
Residential Propane Tank
Propane Underground Y/N: Yes
Showing Notification Methods
Showing Service: Aligned Showings
DPR Eligible
DPR Eligible: No
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity
Fireplace Features: Wood Burning; Fireplace Living Rm
Flooring: Laminate
Spa: None
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Electric Range; Dishwasher; Refrigerator
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Arizona Room/Lanai
Exterior Features: Storage
Other Structures: Shed(s)
Parking Features: RV Access/Parking
Construction: Wood Frame
Const - Finish: Wood Siding
Roofing: Metal
Cooling: Central Air; Ceiling Fan(s)
Heating: Propane
Plumbing: Tankless Ht Wtr Heat; Propane Hot Wtr Htr
Utilities: APS; Propane
Water Source: Private Well
Sewer: Sewer-In & Connected
Services: City Services
Fencing: Perimeter
Landscaping: Dirt Front; Dirt Back
Lockbox Type: Combo
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req; Well Disclosure
Supplements
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.
Listing Office: Southwest Mountain Realty, LLC
Last Updated: September - 02 - 2026
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