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  • Price cut: $8K (8/21)
    $582,000

    1906 E Rainbow Trl, Payson, AZ 85541

    3beds
    2,048sqft
    : 
    $3,656/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    7,840 Square Feet Lot
    $572,700 Zestimate®
    $284/sqft
    $28/mo HOA

    What's special

    Updated homeTasteful 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.
    37 days
    |
    395
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Blaine L Jarvis 480-433-6163,

    Four Peaks Property Management LLC

    Source: CAAR,MLS#: 94365MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Electric, Forced Air
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Laundry: Gas or Electric Hook Up
      Features
      • Breakfast Bar, Kitchen-Dining Combo, Pantry
      • Flooring: Concrete, Vinyl
      • Has basement: No
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 2,048 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Direct Access
      • Garage spaces: 2
      Features
      • Fencing: None
      • Has view: Yes
      • View description: Trees/Woods, Mountain(s)
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 73.2' x 110.4' x 73.2' x 110.4'
      Details
      • Parcel number: 30461098
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      Condition
      • Year built: 2024
      Details
      • Builder name: Grayson LLC

      Utilities & green energy

      • Water: In Payson City Limits

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Highlands at the Rim
      HOA
      • Has HOA: Yes
      • HOA fee: $330 annually
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $284/sqft
      • Tax assessed value: $444,867
      • Annual tax amount: $454
      • Date on market: 7/17/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $572,700

        $544,000 - $601,000

        $3,405/mo

        Price history

        DateEventPrice
        8/21/2026Price change$574,000-1.4%$280/sqft
        Source: ARMLS #7044498 Report a problem
        8/14/2026Price change$582,000+0.5%$284/sqft
        Source: CAAR #94365 Report a problem
        8/14/2026Price change$579,000-1%$283/sqft
        Source: ARMLS #7044498 Report a problem
        8/8/2026Price change$585,000+0.5%$286/sqft
        Source: CAAR #94365 Report a problem
        8/8/2026Price change$582,000-0.5%$284/sqft
        Source: ARMLS #7044498 Report a problem
        7/31/2026Price change$585,000-0.5%$286/sqft
        Source: ARMLS #7044498 Report a problem
        7/17/2026Price change$588,000-0.2%$287/sqft
        Source: ARMLS #7044498 Report a problem
        6/20/2026Listed for sale$589,000+17.6%$288/sqft
        Source: ARMLS #7044498 Report a problem
        11/6/2025Sold$501,000-8.9%$245/sqft
        Source: CAAR #91593 Report a problem
        11/5/2025Pending sale$550,000$269/sqft
        Source: ARMLS #6815289 Report a problem
        10/18/2025Listed for sale$550,000$269/sqft
        Source: ARMLS #6815289 Report a problem
        10/18/2025Pending sale$550,000$269/sqft
        Source: CAAR #91593 Report a problem
        10/18/2025Listed for sale$550,000$269/sqft
        Source: CAAR #91593 Report a problem
        10/4/2025Listing removed$550,000$269/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%$269/sqft
        Source: ARMLS #6815289 Report a problem
        5/24/2025Price change$599,999-4%$293/sqft
        Source: ARMLS #6815289 Report a problem
        3/25/2025Price change$625,000-2.2%$305/sqft
        Source: ARMLS #6815289 Report a problem
        3/11/2025Price change$639,000-1.7%$312/sqft
        Source: ARMLS #6815289 Report a problem
        2/4/2025Listed for sale$649,999-5.8%$317/sqft
        Source: ARMLS #6815289 Report a problem
        1/9/2025Listing removed$689,999$337/sqft
        Source: ARMLS #6782301 Report a problem
        1/6/2025Price change$689,999-1.4%$337/sqft
        Source: ARMLS #6782301 Report a problem
        11/10/2024Listed for sale$699,999+1066.7%$342/sqft
        Source: ARMLS #6782301 Report a problem
        10/1/2024Sold$60,000$29/sqft
        Source: Public Record Report a problem
        3/29/2024Sold$60,000-25%$29/sqft
        Source: Public Record Report a problem
        8/23/2021Listing removed--
        Source: CAAR Report a problem
        4/28/2021Listed for sale$80,000$39/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

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        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.
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        Climate risks

        Neighborhood: 85541

        Getting around

        1 / 100
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