Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort.
The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience.
Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.
Active
$900,000
401 S Bassett Ln, Payson, AZ 85541
3beds
1,800sqft
Single Family Residence
Built in 1967
1.95 Acres Lot
$-- Zestimate®
$500/sqft
$-- HOA
What's special
Chicken coopPrivate wellBeautifully updated homeFully fenced property
- 29 days |
- 559 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Juliet Saladino 602-525-4760,
SOUTHWEST MOUNTAIN REALTY, LLC
Source: CAAR,MLS#: 94403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Laundry: Laundry Room
Features
- No Interior Steps, Living-Dining Combo
- Flooring: Laminate, Tile, Concrete
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Detached, Covered RV Parking
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Fencing: Chain Link
- Has view: Yes
- View description: Panoramic, Mountain(s)
Lot
- Size: 1.95 Acres
- Dimensions: 258' x 313' x 257' x 310'
- Features: Many Trees, Tall Pines on Lot
Details
- Parcel number: 30404223
- Zoning: Residential
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Metal
Condition
- Year built: 1967
Utilities & green energy
- Water: In Payson City Limits
Community & HOA
Community
- Subdivision: Russell Subdiv & Addit
Location
- Region: Payson
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $404,217
- Annual tax amount: $2,250
- Date on market: 7/26/2026
- Listing terms: Cash,Conventional
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Listed for sale | $900,000+190.3%$500/sqft |
Source:  CAAR #94403 Report a problem | ||
| 9/20/2019 | Sold | $310,000-1.6%$172/sqft |
Source:  ARMLS #5964802 Report a problem | ||
| 8/19/2019 | Pending sale | $315,000$175/sqft |
Source: ERA Young Realty & Investment #81037 Report a problem | ||
| 8/13/2019 | Listed for sale | $315,000$175/sqft |
Source: ERA YOUNG REALTY-PAYSON #81037 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,250 +4% | $40,422 +0.7% |
| 2025 | $2,164 +3.6% | $40,144 +7% |
| 2024 | $2,090 +3.5% | $37,521 |
| 2023 | $2,020 +6.3% | -- |
| 2022 | $1,899 +4.5% | -- |
| 2021 | $1,817 +10% | -- |
| 2019 | $1,652 +7.5% | -- |
| 2018 | $1,537 +3% | -- |
| 2017 | $1,493 | -- |
| 2016 | $1,493 +2.9% | -- |
| 2015 | $1,450 | -- |
| 2014 | -- | -- |
| 2013 | -- | $15,398 -0.2% |
| 2012 | -- | $15,430 -17% |
| 2011 | -- | $18,584 -17.8% |
| 2010 | -- | $22,611 |
| 2009 | -- | -- |
| 2008 | $1,769 | -- |
| 2007 | -- | -- |
| 2006 | $1,626 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 85541
Nearby schools
GreatSchools rating
- NAPayson Elementary SchoolGrades: K-2Distance: 1.7 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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