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About the Listing realbr001 - jq038
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.
Listing Highlights
Status
Pending
Days on Site
19
Property Type
Residential
MLS ®
6986430
Year Built
1970
Total Square Footage
1,512
Lot/Acreage
0.27
County
Gila
Neighborhood
Payson North 1
School District
Payson Unified District
Elementary School
Julia Randall Elementary School
Middle School
Rim Country Middle School
High School
Payson High School
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Evaporative Cooling
- Heating: Electric,Propane
- Fireplaces: Wood Burning,Living Room
- Floor: Carpet,Linoleum
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Master Downstairs,Eat-in Kitchen,Full Bth Master Bdrm,Master on Main
- Water: City Water
Exterior Details
- Lot Description: Dirt Front
- Garage Capacity: N/A
- Roof: Composition,Metal
- Others: Storage,Separate Guest House
- Sewer: Public Sewer
Financial Details
- Tax Amount: $1,389
- Taxes w/Assessments: N/A
- Tax/Property ID: 302-64-139
- Tax Year: 2025
Payment Calculator
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Questions About..
518 N Colcord Rd Payson, AZ 85541
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