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Pending
  • Price cut: $49K (6/30)
    $1,249,999

    1904 N Underwood Ct, Payson, AZ 85541

    4beds
    3,590sqft
    : 
    $7,628/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    2.76 Acres Lot
    $1,201,100 Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Largely flat parcelLightning rod protection systemRichlite sustainable countertopsUpdated appliances
    Perched at the prestigious northern edge of Payson, where the land opens wide and the sky stretches endlessly, this is not simply a home it is a private, regenerative estate designed for a life deeply connected to nature, beauty, and possibility. Set on 2.76 remarkably usable acres at the end of a quiet cul-de-sac in The Woods of Payson, this nearly 3,600 sq ft, 4-bedroom, 3-bath residence commands its position atop one of the area's most desirable knolls offering sweeping 360-degree views that few properties can rival. To the north, the iconic Mogollon Rim unfolds across a breathtaking horizon. To the south, the rugged beauty of the Granite Dells creates a dramatic and ever-changing landscape. Beyond your boundary line lies direct access to the vast Tonto National Forest offering endless riding trails, hiking, and some of the darkest, most star-filled skies in Arizona. What truly sets this property apart... is the land itself. This is a rare, largely flat parcel a true anomaly in this terrain--opening the door to equestrian use, expansion, additional structures, or simply the freedom to create your vision without limitation. Whether you dream of horses, a workshop, guest quarters, or wide-open space to breathe... this property delivers. And then... there is the garden. Thoughtfully and professionally designed through the principles of permaculture and regenerative land stewardship, this is far more than landscaping it is a living, thriving ecosystem. Carefully engineered earthworks and swales slow, capture, and retain water, enriching the soil and creating long-term sustainability. A private well feeds a sophisticated irrigation system that supports an abundant mix of fruit trees, herbs, and perennial plantings designed to work with nature, not against it. Here, mornings begin with the scent of herbs on the breeze, and the rhythm of the seasons becomes part of daily life. Inside, the home reflects that same level of intention and care. Warm cherry cabinetry anchors the kitchen, complemented by Richlite sustainable countertops and a layout designed for both everyday living and gathering. Expansive windows frame the surrounding landscape, bringing the outdoors in at every turn. Upstairs, a wraparound deck invites you to take in the views from every angle while the covered patio below creates a natural extension of the home into the landscape. Evenings are elevated by a wired outdoor speaker system, setting the tone for gatherings under the stars. Modern comfort meets rural freedom with the home wired for Starlink high-speed internet, with equipment included, offering reliable connectivity without sacrificing privacy or setting. Behind the scenes, thoughtful infrastructure enhances both function and peace of mind. A durable metal roof with integrated snow stops is built for the seasons, while a lightning rod protection system adds an extra layer of security an intentional feature for properties of this caliber and elevation. A Nuvo whole-home water filtration system ensures clean, high-quality water throughout, supporting both everyday living and the long-term sustainability of the home. Recent upgrades, including newer A/C units, updated appliances, and an on-demand hot water system with recirculating pump, further elevate the property's efficiency and livability. The estate is predominantly fenced, with additional protection around the garden to preserve its integrity creating a sense of privacy, security, and peaceful seclusion. Built and lovingly maintained by its original owner, this home carries a rare and tangible sense of care, intention, and legacy. This is for the buyer who understands that true luxury is not just square footage or finishes it is space, freedom, sustainability, and connection. A place where you can ride directly into the forest. Grow your own food. Stay connected when you choose and completely unplug when you don't. And create a life that feels both grounded an
    105 days
    |
    950
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Macpherson 480-203-8712,

    Realty ONE Group

    Source: CAAR,MLS#: 93796MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Foyer/Entry
      Heating
      • Electric, Forced Air, Heat Pump
      Cooling
      • Central Air, Heat Pump, Ceiling Fan(s)
      Appliances
      • Included: Water Softener, Dryer, Washer
      • Laundry: Laundry Room, Upper Level
      Features
      • Kitchen-Dining Combo, Central Vacuum, Vaulted Ceiling(s), Pantry, Master Main Floor, High Speed Internet, Wired for Sound, Kitchen Island
      • Flooring: Carpet, Laminate, Tile, Wood, Concrete, Vinyl, Stone
      • Windows: Double Pane Windows
      • Basement: Walk-Out Access
      Interior area
      • Total structure area: 3,590
      • Total interior livable area: 3,590 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Attached, RV Gated
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Covered, Patio, Covered Patio
      • Exterior features: Storage
      • Fencing: Chain Link,Partial
      • Has view: Yes
      • View description: Trees/Woods, Panoramic, Mountain(s)
      Lot
      • Size: 2.76 Acres
      • Features: Cul-De-Sac, Many Trees, Tall Pines on Lot, Borders USNF, Hill Top, Corners Marked
      Details
      • Additional structures: Storage/Utility Shed
      • Parcel number: 30284026b
      • Zoning: RES
      • Other equipment: Satellite Dish
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story,Multi Level
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Stone, Block, Wood Frame, Log
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Water: In Payson City Limits

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
      • Subdivision: Woods of Payson, The
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $348/sqft
      • Tax assessed value: $1,031,019
      • Annual tax amount: $7,136
      • Date on market: 4/10/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $1,201,100

        $1.14M - $1.26M

        $5,195/mo

        Price history

        DateEventPrice
        7/18/2026Pending sale$1,249,999$348/sqft
        Source: CAAR #93796 Report a problem
        6/30/2026Price change$1,249,999-3.8%$348/sqft
        Source: ARMLS #7011831 Report a problem
        5/28/2026Price change$1,299,000-2%$362/sqft
        Source: ARMLS #7011831 Report a problem
        4/10/2026Listed for sale$1,325,000-5.4%$369/sqft
        Source: ARMLS #7011831 Report a problem
        11/22/2025Listing removed$1,400,000$390/sqft
        Source: CAAR #92600 Report a problem
        11/6/2025Price change$1,400,000-5.1%$390/sqft
        Source: ARMLS #6899222 Report a problem
        10/24/2025Price change$1,475,000-0.9%$411/sqft
        Source: CAAR #92600 Report a problem
        9/15/2025Price change$1,489,000-0.7%$415/sqft
        Source: CAAR #92600 Report a problem
        7/16/2025Listed for sale$1,500,000$418/sqft
        Source: CAAR #92600 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$7,137 +4.2%$103,101 +4.8%
        2025$6,853 +3.6%$98,404 +9.3%
        2024$6,617 +3.5%$90,072
        2023$6,395 +7.2%--
        2022$5,967 +4.5%--
        2021$5,709 +10.6%--
        2019$5,163 +8.2%--
        2018$4,773 +2.4%--
        2017$4,661 --
        2016$4,661 +7.6%--
        2015$4,334 --
        2014-- --
        2013-- $34,458 -3.7%
        2012-- $35,772 -13.5%
        2011-- $41,354 -38.7%
        2010-- $67,411
        2009-- --
        2008$4,922 --
        2007-- --
        2004-- --
        2003-- --
        2002-- --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 85541

        Getting around

        0 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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