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  • $593,009

    423 N Meadow Way, Payson, AZ 85541

    2beds
    1,640sqft
    Single Family Residence
    Built in 1987
    0.56 Acres Lot
    $593,100 Zestimate®
    $362/sqft
    $2,317 Estimated rent

    Home value

    $593,100

    $552,000 - $635,000

    $2,317/mo

    Zestimate® history
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    What's special

    Open floor planStone walkways
    PRICE DROP. MOTIVATED SELLER !!! Here is a rare opportunity to own a year round log home in the upscale community of Tonto Creek Estates. Tucked just under the Rim and a short walk to Tonto Creek this home has always been well maintained and is ready for a new owner to create years of memories. The living room features floor to vaulted ceiling glass windows that look out to the swaying ponderosa pines.A large wood stove with a live edge juniper mantle and custom stone work keeps the home cozy and warm on snowy winter days. There is also electric base board heating through out the home.The open floor plan features a large kitchen and dining area which is perfect for entertaining. The master suite is on the main floor with a large bathroom that features a vintage clawfoot bath tub which adds to the upscale rustic ambiance. The second bedroom upstairs features a custom tiled walk in shower. Also upstairs is a spacious loft with room for lounging or more sleeping areas. The large covered trex deck faces south with views of the pine trees.The deck is a quiet place to sit and enjoy the breezes, serenity and occasional wildlife viewings or nice family meal.. Stone walk ways lead down to the modern oversized 2 car garage. The garage is completely insulated, and outfitted with quality cabinets plus work benches. There is also a large air compressor that conveys with the sale. Tonto Creek fishing a just a few hundred yards away. The Rim lakes are a short 30 minute drive north. Furniture to convey outside of escrow on separate bill of sale. Make this you legacy home for generations or use it as short term rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gino Ater 928-978-1013,

    REALTY EXECUTIVES ARIZONA TERR

    Source: CAAR,MLS#: 93596MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Electric, Baseboard
    Cooling
    • Ceiling Fan(s)
    Features
    • Vaulted Ceiling(s), Kitchen-Dining Combo, Pantry
    • Flooring: Carpet, Wood, Vinyl
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove, Living Room
    Interior area
    • Total structure area: 1,640
    • Total interior livable area: 1,640 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener
    • Garage spaces: 2
    • Has carport: Yes
    Features
    • Patio & porch: Porch
    • Exterior features: Drip System, Fire Pit
    • Fencing: Wood
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.56 Acres
    • Features: Corner Lot, Sprinklers In Front, Many Trees, Tall Pines on Lot
    Details
    • Parcel number: 30303089
    • Zoning: Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Lodge
    • Property subtype: Single Family Residence
    Materials
    • Log, Wood Siding
    • Roof: Metal
    Condition
    • Year built: 1987

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Tonto Creek Estates
    Location
    • Region: Payson

    Financial & listing details

    • Price per square foot: $362/sqft
    • Tax assessed value: $540,797
    • Annual tax amount: $3,143
    • Date on market: 3/13/2026
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    10/16/2026Sold$593,009-8.8%$362/sqft
    Source: CAAR #93596 Report a problem
    9/15/2026Pending sale$649,999$396/sqft
    Source: CAAR #93596 Report a problem
    7/9/2026Price change$649,999-3.7%$396/sqft
    Source: CAAR #93596 Report a problem
    5/26/2026Price change$674,999-3.6%$412/sqft
    Source: CAAR #93596 Report a problem
    5/6/2026Price change$699,999-6.7%$427/sqft
    Source: CAAR #93596 Report a problem
    4/21/2026Price change$749,999-3.2%$457/sqft
    Source: CAAR #93596 Report a problem
    3/13/2026Listed for sale$775,000+187%$473/sqft
    Source: CAAR #93596 Report a problem
    7/15/2009Sold$270,000-20.7%$165/sqft
    Source: Public Record Report a problem
    2/12/2009Sold$340,624-9.2%$208/sqft
    Source: Public Record Report a problem
    8/21/2006Sold$375,000$229/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,271 +4%$54,080 +3.4%
    2025$3,144 +4.5%$52,324 +8.6%
    2024$3,009 -18.5%$48,168
    2023$3,691 +4.6%--
    2022$3,529 +2.4%--
    2021$3,445 +9%--
    2019$3,161 +5.1%--
    2018$3,007 +2.5%--
    2017$2,933 --
    2016$2,933 +5.3%--
    2015$2,785 --
    2014-- --
    2013-- $21,893 -8%
    2012-- $23,784 -25.2%
    2011-- $31,803 +8.4%
    2010-- $29,346
    2009-- --
    2008$2,354 --
    2007-- --
    2006$2,128 --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    Find assessor info on the county website

    Neighborhood: 85541

    Nearby schools

    GreatSchools rating
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