Skip main navigation
For sale
  • $589,000

    1906 E Rainbow Trail, Payson, AZ 85541

    3beds
    2,025sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2024
    8,063 Square Feet Lot
    $-- Zestimate®
    $291/sqft
    $28/mo HOA

    What's special

    Tasteful upgrades throughoutTowering pine treesLuxury flooringBeautiful white shaker cabinetryQuality finishes
    Escape the Valley heat and discover your mountain retreat in beautiful Payson! Just 75 minutes from the Phoenix metro area, this updated home offers an incredible opportunity to own in one of Rim Country's most desirable neighborhoods for under $600,000. Surrounded by stunning custom and luxury homes, this property delivers exceptional value and a lifestyle that's hard to match. Inside, you'll find luxury flooring, beautiful white shaker cabinetry, quality finishes, and tasteful upgrades throughout, creating a warm and inviting space you'll be proud to make home. Enjoy cool mountain temperatures, towering pine trees, and peaceful summer evenings while being less than 7 minutes from the prestigious Chaparral Pines and Rim Golf Clubs. Everyday conveniences, including Safeway, shopping, dining, banking, and fuel, are all just minutes away. Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.
    20 days
    |
    422
    |
    11
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Blaine l Jarvis 480-433-6163,

    Four Peaks Property Management LLC

    Source: ARMLS,MLS#: 7044498MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
      • Laundry: Inside
      Features
      • Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
      • Flooring: Other
      • Windows: Low Emissivity Windows, Double Pane Windows, Vinyl Frame
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,025
      • Total interior livable area: 2,025 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 2
      • Exterior features: Balcony
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 8,063 Square Feet
      • Features: North/South Exposure, Desert Front, Dirt Back
      Details
      • Parcel number: 30461098

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Spray Foam Insulation, Aluminum Siding, Wood Frame
      • Roof: Composition
      Condition
      • Year built: 2024
      Details
      • Builder name: Grayson Development

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Subdivision: Highlands at the Rim
      HOA
      • Has HOA: Yes
      • Services included: Street Maint
      • HOA fee: $330 annually
      • HOA name: Highlands at the Rim
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $444,867
      • Annual tax amount: $454
      • Date on market: 6/17/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/20/2026Listed for sale$589,000+17.6%$291/sqft
        Source: ARMLS #7044498 Report a problem
        11/6/2025Sold$501,000-8.9%$247/sqft
        Source: CAAR #91593 Report a problem
        11/5/2025Pending sale$550,000$272/sqft
        Source: ARMLS #6815289 Report a problem
        10/18/2025Listed for sale$550,000$272/sqft
        Source: ARMLS #6815289 Report a problem
        10/18/2025Pending sale$550,000$272/sqft
        Source: CAAR #91593 Report a problem
        10/18/2025Listed for sale$550,000$272/sqft
        Source: CAAR #91593 Report a problem
        10/4/2025Listing removed$550,000$272/sqft
        Source: CAAR #91593 Report a problem
        9/25/2025Listing removed$3,450$2/sqft
        Source: Zillow Rentals Report a problem
        9/4/2025Listed for rent$3,450$2/sqft
        Source: Zillow Rentals Report a problem
        7/27/2025Price change$550,000-8.3%$272/sqft
        Source: ARMLS #6815289 Report a problem
        5/24/2025Price change$599,999-4%$296/sqft
        Source: ARMLS #6815289 Report a problem
        3/25/2025Price change$625,000-2.2%$309/sqft
        Source: ARMLS #6815289 Report a problem
        3/11/2025Price change$639,000-1.7%$316/sqft
        Source: ARMLS #6815289 Report a problem
        2/4/2025Listed for sale$649,999-5.8%$321/sqft
        Source: ARMLS #6815289 Report a problem
        1/9/2025Listing removed$689,999$341/sqft
        Source: ARMLS #6782301 Report a problem
        1/6/2025Price change$689,999-1.4%$341/sqft
        Source: ARMLS #6782301 Report a problem
        11/10/2024Listed for sale$699,999+1066.7%$346/sqft
        Source: ARMLS #6782301 Report a problem
        10/1/2024Sold$60,000$30/sqft
        Source: Public Record Report a problem
        3/29/2024Sold$60,000-25%$30/sqft
        Source: Public Record Report a problem
        8/23/2021Listing removed--
        Source: CAAR Report a problem
        4/28/2021Listed for sale$80,000$40/sqft
        Source: CAAR #84599 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$471 +3.8%$44,487 +197%
        2025$454 +3.3%$14,978 +17.5%
        2024$439 +3.2%$12,746
        2023$426 +6.5%--
        2022$400 +4.1%--
        2021$384 +9.5%--
        2019$351 +7.3%--
        2018$327 +2.1%--
        2017$320 --
        2016$320 +3%--
        2015$311 --
        2014-- --
        2011-- $11,984
        2009-- --
        2008$1,708 --
        2007-- --
        2006$1,807 --
        2005-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 85541

        Getting around

        1 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Payson Elementary School
        • Middle: Rim Country Middle School
        • High: Payson High School
        • District: Payson Unified District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel