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  • Price cut: $10K (6/6)
    $547,500

    403 W Sherwood Dr, Payson, AZ 85541

    3beds
    1,860sqft
    : 
    $3,413/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    0.32 Acres Lot
    $535,100 Zestimate®
    $294/sqft
    $-- HOA

    What's special

    Tucked beneath the tall pines of Payson's iconic Alpine Village subdivision, this storybook cabin sits proudly on a rare double lot totaling 0.32 acres--offering space, privacy, and that unmistakable Rim Country charm. From the moment you arrive, the home's premier corner lot presence and inviting covered front porch set the tone for what's inside. Rich with character, the cabin features authentic log siding and a warm, all-wood interior that captures the essence of true mountain living--yet remains bright, open, and airy throughout. The heart of the home is a spacious great room design where the kitchen, dining, and living areas flow seamlessly together--perfect for everyday living or gathering with friends and family. The kitchen is well-equipped with stainless steel appliances, a breakfast bar, and a pantry for ample storage, while the living room centers around a cozy propane fireplace--ideal for those crisp Payson evenings. The main level offers a thoughtfully designed layout, including a generous primary suite complete with its own en suite bath and private access to the back deck. A second bedroom with conveniently located laundry, a full hall bath, and a sun-filled family room with skylights and abundant windows round out the lower level. Upstairs, a spacious loft with a half bath provides flexible space for guests, a home office, or additional living area. Step outside and the property truly shines. The newly installed Trex deck creates the perfect setting for summer evenings under the pines, while the expansive backyard offers room to relax, entertain, or store all your outdoor toys. In addition to the oversized detached two-car garage with pass-through doors, you'll find a separate workshop or craft room with its own electric heater--ideal for hobbies, projects, or extra storage. Comfort is covered year-round with a heat pump providing efficient central heating and cooling. Located just moments from Rumsey Park and all the conveniences of town, this home embodies the best of small-town living--whether it's summer barbecues, evening strolls through the neighborhood, or creating lifelong memories during the holidays. Opportunities like this--combining location, charm, and usable space--don't come around often. This is Payson cabin living at its finest.
    89 days
    |
    273
    |
    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Prest 928-970-0874,

    PREST REALTY

    Source: CAAR,MLS#: 93928MLS 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, Heat Pump
      Cooling
      • Central Air, Heat Pump, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer
      Features
      • Breakfast Bar, Vaulted Ceiling(s), Pantry, Master Main Floor
      • Flooring: Carpet, Laminate, Wood, Stone
      • Windows: Double Pane Windows, Skylight(s)
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Great Room, Gas
      Interior area
      • Total structure area: 1,860
      • Total interior livable area: 1,860 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Oversized, Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Porch, Covered, Patio
      • Exterior features: Storage, Drip System
      • Fencing: Chain Link,Partial
      • Has view: Yes
      • View description: Trees/Woods, Panoramic, City
      Lot
      • Size: 0.32 Acres
      • Features: Landscaped, Many Trees, Tall Pines on Lot
      Details
      • Additional structures: Workshop, Storage/Utility Shed
      • Parcel number: 30279002A
      • Zoning: Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin,A-Frame
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Log Siding
      • Roof: Asphalt
      Condition
      • Year built: 1993

      Utilities & green energy

      • Water: In Payson City Limits

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security System
      • Subdivision: Alpine Village
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $294/sqft
      • Annual tax amount: $2,893
      • Date on market: 4/29/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $535,100

        $508,000 - $562,000

        $2,587/mo

        Price history

        DateEventPrice
        6/6/2026Price change$547,500-1.8%$294/sqft
        Source: CAAR #93928 Report a problem
        4/29/2026Listed for sale$557,500+1.5%$300/sqft
        Source: CAAR #93928 Report a problem
        10/14/2025Listing removed$549,500$295/sqft
        Source: ARMLS #6828564 Report a problem
        8/4/2025Price change$549,500-5.2%$295/sqft
        Source: ARMLS #6828564 Report a problem
        7/25/2025Price change$579,500-3.3%$312/sqft
        Source: ARMLS #6828564 Report a problem
        3/1/2025Listed for sale$599,000+19.8%$322/sqft
        Source: ARMLS #6828564 Report a problem
        11/2/2021Sold$500,000-9.1%$269/sqft
        Source: ARMLS #6299380 Report a problem
        10/12/2021Pending sale$550,000$296/sqft
        Source: CAAR #85595 Report a problem
        9/27/2021Listed for sale$550,000+103.7%$296/sqft
        Source: CAAR #85595 Report a problem
        10/18/2019Listing removed$1,800$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/21/2019Listed for rent$1,800$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/15/2017Sold$270,000-5.2%$145/sqft
        Source: ARMLS #5503034 Report a problem
        5/31/2017Pending sale$284,900$153/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #74694 Report a problem
        3/15/2017Price change$284,900-1.7%$153/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #74694 Report a problem
        9/27/2016Listed for sale$289,900+20.8%$156/sqft
        Source: BERKSHIRE HATHAWAY HOMESERVICES ADVANTAGE REALTY #74694 Report a problem
        4/10/2009Listing removed$239,900$129/sqft
        Source: ERA #57567 Report a problem
        2/5/2009Listed for sale$239,900$129/sqft
        Source: ERA #57567 Report a problem

        Public tax history

        Tax history is unavailable.

        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

        26 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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