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For sale
  • Price cut: $15K (6/26)
    $549,990

    2503 E ELK RUN Court, Payson, AZ 85541

    2beds
    1,364sqft
    : 
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    Single Family Residence
    Built in 1997
    8,087 Square Feet Lot
    $-- Zestimate®
    $403/sqft
    $195/mo HOA

    What's special

    Escape the desert heat and discover your own mountain retreat in the heart of Payson. Nestled among the towering pines of the prestigious guard-gated Chaparral Pines community, this beautifully maintained 2-bedroom, 2-bath home offers 1,364 square feet of inviting single-level living designed for comfort, relaxation, and easy mountain living. Often enjoying temperatures approximately 15 degrees cooler than the Valley, this property is the perfect full-time residence, seasonal getaway, or lock-and-leave escape from the Phoenix heat. Inside, soaring vaulted ceilings, expansive windows, abundant natural light, and a dramatic floor-to-ceiling stone fireplace with Quadra-fire pellet stove (2023 )create a warm and welcoming atmosphere with true mountain-lodge character. The open-concept living and dining spaces flow seamlessly into the kitchen, creating an ideal layout for entertaining or quiet evenings at home. Step outside to peaceful stone patios surrounded by mature pines, mountain air, and tranquil natural landscaping, perfect for morning coffee, evening wine, or simply unplugging and reconnecting with nature. Located near golf, hiking trails, fishing lakes, and all the outdoor recreation Rim Country is known for, this home offers the ideal blend of serenity, lifestyle, and convenience within one of Payson's most sought-after communities.
    52 days
    |
    824
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Ellen Melichar 480-770-1243,

    SERHANT.

    Source: ARMLS,MLS#: 7024549MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air, Ceiling Fan(s), Programmable Thmstat
      Appliances
      • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
      • Laundry: Inside
      Features
      • High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm
      • Flooring: Carpet, Tile
      • Windows: Double Pane Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Gas
      Interior area
      • Total structure area: 1,364
      • Total interior livable area: 1,364 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener, Direct Access
      • Garage spaces: 2
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: Zero-Grade Entry
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: None
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 8,087 Square Feet
      • Features: Corner Lot, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
      Details
      • Parcel number: 30291022

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Painted
      • Roof: Composition
      Condition
      • Year built: 1997
      Details
      • Builder name: Doty

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Golf, Gated, Community Spa, Community Spa Htd, Guarded Entry, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
      • Subdivision: ELK RUN CHAPARRAL PINES
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Street Maint
      • HOA fee: $585 quarterly
      • HOA name: Chaparral Pines
      • HOA phone: 928-472-9068
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $403/sqft
      • Tax assessed value: $368,865
      • Annual tax amount: $2,504
      • Date on market: 5/19/2026
      • Cumulative days on market: 50 days
      • 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
        6/26/2026Price change$549,990-2.7%$403/sqft
        Source: ARMLS #7024549 Report a problem
        5/19/2026Listed for sale$565,000+18.9%$414/sqft
        Source: ARMLS #7024549 Report a problem
        10/2/2025Sold$475,000-4.8%$348/sqft
        Source: CAAR #92416 Report a problem
        10/2/2025Pending sale$499,000$366/sqft
        Source: CAAR #92416 Report a problem
        8/6/2025Price change$499,000-9.3%$366/sqft
        Source: CAAR #92416 Report a problem
        7/16/2025Price change$550,000-4.3%$403/sqft
        Source: CAAR #92416 Report a problem
        6/14/2025Listed for sale$575,000+10.6%$422/sqft
        Source: CAAR #92416 Report a problem
        11/14/2022Sold$520,000-12.6%$381/sqft
        Source: CAAR #87547 Report a problem
        9/23/2022Listed for sale$595,000+54.5%$436/sqft
        Source: CAAR #87547 Report a problem
        11/13/2020Sold$385,000-3.5%$282/sqft
        Source: Public Record Report a problem
        10/28/2020Pending sale$399,000$293/sqft
        Source: Owner Report a problem
        9/6/2020Listed for sale$399,000+40%$293/sqft
        Source: Owner Report a problem
        12/8/2018Sold$285,000$209/sqft
        Source: Agent Provided Report a problem
        10/6/2018Pending sale$285,000$209/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #78540 Report a problem
        9/21/2018Listed for sale$285,000$209/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #78540 Report a problem
        9/6/2018Pending sale$285,000$209/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #78540 Report a problem
        8/17/2018Price change$285,000-4.7%$209/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #78540 Report a problem
        7/2/2018Listed for sale$299,000$219/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #78540 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,984 +19.2%$36,886 +0.9%
        2025$2,504 +3.6%$36,565 +3.9%
        2024$2,417 -10.4%$35,200
        2023$2,698 +6.5%--
        2022$2,532 +20.5%--
        2021$2,102 -5.4%--
        2019$2,223 +7.3%--
        2018$2,072 +2.1%--
        2017$2,029 --
        2016$2,029 +4.7%--
        2015$1,939 --
        2014-- --
        2013-- $17,078
        2012-- $17,078 -23.7%
        2011-- $22,388 -12.2%
        2010-- $25,498
        2009-- --
        2008$2,182 --
        2007-- --
        2006$2,175 --
        2005-- --
        2004-- --
        2003-- --
        2002-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        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

        5 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        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.

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