401 S BASSETT Lane, Payson, AZ 85541 (MLS# 7074357)

401 S BASSETT Lane, Payson, AZ 85541

$900,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,236 Lot Size (sq. ft.): 80,179 Status: Active

Current Price: $900,000 Last Modified: 9/02/2026

Overview

Description

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 7074357

Location, Tax & Legal

House Number: 401
Compass: S
Street Name: BASSETT
St Suffix: Lane
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Zip4: 4996
Country: US
County Code: Gila
Assessor Number: 304-04-223
Subdivision: EARL RUSSELL
Tax Year: 2025
Assessor's Map #: 4
Legal Description (Abbrev): SECTION: 03 TOWNSHIP: 10N RANGE: 10E NORTH 2/3 OF SOUTH 385.908' LOT 16, EARL RUSSELL SUBDIVISION, P
Assessor's Parcel #: 223
Tax Municipality: Payson
Taxes: 2164

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: Yes
Half Bathrooms: Yes
Total Bathrooms: 2
Approx SQFT: 2236
Price/SqFt: 402.5
Horses: Y
Builder Name: Unknown
Year Built: 1967
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 80179
Approx Lot Acres: 1.841
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: Yes
Elementary School District: Payson Unified District
High School District: Payson Unified District
Elementary School: Payson Elementary School
Jr. High School: Rim Country Middle School
High School: Payson High School

Remarks Misc

Cross Street: Miller Rd & Bassett Ln
Directions: From Mazatzal Casino head North on Hwy 87. Turn right (East) on Hwy 260. Turn right on E. Granite Dells Rd. Turn right at the roundabout (S. Mud Springs Rd). Turn right on E. Miller Rd. Turn left on S. Bassett Ln. House will be on the left (no sign). Open gate and follow through to house.

Legal Info

Township: 10N
Range: 10E
Lot Number: 16

Basement

Basement Y/N: N

More Information

Parking Spaces

Garage Spaces: 2
Carport Spaces: Yes
Total Covered Spaces: 3
Slab Parking Spaces: 0

Residential Propane Tank

Propane Underground Y/N: Yes

Showing Notification Methods

Showing Service: Aligned Showings

DPR Eligible

DPR Eligible: No

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Wood Siding: Yes

Roofing

Metal: Yes

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

Combo: Yes

Master Bathroom

3/4 Bath Master Bdrm: Yes
Double Vanity: Yes

Fireplace Features

Wood Burning: Yes
Fireplace Living Rm: Yes

Flooring

Laminate: Yes

Dining Area

Breakfast Bar: Yes
Dining in LR/GR: Yes

Heating

Propane: Yes

Kitchen Features

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Inside: Yes

Other Rooms

Arizona Room/Lanai: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Perimeter: Yes

Water Source

Private Well: Yes

Exterior Features

Storage: Yes

Spa

None: Yes

Sewer

Sewer-In & Connected: Yes

Parking Features

RV Access/Parking: Yes

New Financing

Cash: Yes
Conventional: Yes

Plumbing

Tankless Ht Wtr Heat: Yes
Propane Hot Wtr Htr: Yes

Utilities

APS: Yes
Propane: Yes

Existing 1st Loan

Conventional: Yes

Landscaping

Dirt Front: Yes
Dirt Back: Yes

Services

City Services: Yes

Other Structures

Shed(s): Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes
Well Disclosure: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity Fireplace Features: Wood Burning; Fireplace Living Rm Flooring: Laminate Spa: None Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Range; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included; Inside Other Rooms: Arizona Room/Lanai Exterior Features: Storage Other Structures: Shed(s) Parking Features: RV Access/Parking Construction: Wood Frame Const - Finish: Wood Siding Roofing: Metal Cooling: Central Air; Ceiling Fan(s) Heating: Propane Plumbing: Tankless Ht Wtr Heat; Propane Hot Wtr Htr Utilities: APS; Propane Water Source: Private Well Sewer: Sewer-In & Connected Services: City Services Fencing: Perimeter Landscaping: Dirt Front; Dirt Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req; Well Disclosure

Listing Office: Southwest Mountain Realty, LLC

Last Updated: September - 02 - 2026