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  • Price cut: $25K (5/26)
    $674,999

    423 N Meadow Way, Payson, AZ 85541

    2beds
    1,640sqft
    : 
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    Single Family Residence
    Built in 1987
    0.56 Acres Lot
    $648,000 Zestimate®
    $412/sqft
    $-- HOA

    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.
    106 days
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    777
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    52
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gino Ater 928-978-1013,

    REALTY EXECUTIVES ARIZONA TERR

    Source: CAAR,MLS#: 93596MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Electric, Baseboard
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer
      Features
      • Kitchen-Dining Combo, Vaulted Ceiling(s), Pantry, Master Main Floor
      • Flooring: Carpet, Wood, Vinyl
      • Windows: Double Pane Windows
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning Stove
      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
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Covered
      • 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: Two Story,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: $412/sqft
      • Tax assessed value: $523,241
      • Annual tax amount: $3,143
      • Date on market: 3/13/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel

        Estimated market value

        $648,000

        $616,000 - $680,000

        $2,852/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

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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

          0 / 100
          Car-Dependent
          2 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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