518 N COLCORD Road, Payson, AZ 85541 (MLS# 6986430)

518 N COLCORD Road, Payson, AZ 85541

$358,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,512 Lot Size (sq. ft.): 11,647 Status: Pending

Current Price: $358,900 Last Modified: 3/04/2026

Description

Versatile Payson Property with Guest Studio, NO HOA & .27 Acre Lot. Rare opportunity to own a flexible property featuring a 2 bedroom, 1 bath main home (1,080 sq ft) plus a 400 sq ft studio space setup for extra living, has a full bath and kitchen area -- possible rental income, multigenerational living, home office, or small business use. Main home was updated in the early 80's. The main residence offers comfortable living space with room for a dedicated office or bonus area, making it ideal for remote work or hobby space. The detached studio (ADU-style setup) provides excellent privacy and income potential with its own kitchen and full bathroom. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped

Supplements: landscaping that is beautifully manicured and easy to care for. Located with convenient access to parks, grocery stores, restaurants, and local amenities, this property combines flexibility, functionality, and investment potential -- all with NO HOA restrictions.

More Information MLS# 6986430

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $358,900 Status: Pending Current Price: $358,900 List Date: 2026-02-17

Location, Tax & Legal

Assessor's Map #: 64 Legal Description (Abbrev): LOT 139, PAYSON NORTH UNIT ONE, PLAT 373, ALG WITH POR BEG SW COR LOT 139; TH N0D01 FT W, 70.0 FT ; Assessor's Parcel #: 139 Tax Municipality: Payson Taxes: 1389 House Number: 518 Compass: N Street Name: COLCORD St Suffix: Road City/Town Code: Payson State/Province: AZ Zip Code: 85541 Zip4: 3720 County Code: Gila Assessor Number: 302-64-139 Subdivision: PAYSON NORTH 1 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1512 Price/SqFt: 237.37 Approx Lot SqFt: 11647 Approx Lot Acres: 0.267 Horses: N Builder Name: Unknown Lead Based Hazard Disclosure: No Elementary School District: Payson Unified District High School District: Payson Unified District Elementary School: Julia Randall Elementary School Jr. High School: Rim Country Middle School High School: Payson High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1970

Legal Info

Range: 10E Section: 34 Township: 11N Lot Number: 139

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Wood Siding: 1

Roofing

Composition: 1 Metal: 1

Association & Fees

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

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Architecture

Cabin: 1 Ranch: 1

Master Bathroom

Full Bth Master Bdrm: 1

Master Bedroom

Downstairs: 1

Add'l Property Use

Ranch: 1

Fireplace Features

Wood Burning: 1 Fireplace Living Rm: 1

Flooring

Carpet: 1 Linoleum: 1

Dining Area

Eat-in Kitchen: 1

Heating

Propane: 1 Electric: 1

View

Trees/Woods: 1

Kitchen Features

Dishwasher: 1 Gas Oven: 1 Gas Range: 1 Refrigerator: 1

Cooling

Ceiling Fan(s): 1 Evaporative Cooling: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Other Rooms

Loft: 1

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Chain Link: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Covered Patio(s): 1 Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Carport Spaces: 2

New Financing

Cash: 1 Conventional: 1

Utilities

City Electric: 1 Propane: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Dirt Front: 1

Other Structures

Shed(s): 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Hwy 87 North Directions: Hwy 87 North in Payson, West on Forest Drive, Left on Colcord Road, Right on Colcord Road, home on right with sign. Geo Lat: 34.247402 Geo Lon: -111.325568

Status Change Info

Off Market Date: 2026-03-04 Under Contract Date: 2026-03-03

Property Features

Special Listing Cond: N/A Add'l Property Use: Ranch Architecture: Cabin; Ranch View: Trees/Woods Master Bathroom: Full Bth Master Bdrm Master Bedroom: Downstairs Fireplace Features: Wood Burning; Fireplace Living Rm Flooring: Carpet; Linoleum Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included Other Rooms: Loft Exterior Features: Covered Patio(s); Separate Guest House; Storage Other Structures: Shed(s) Construction: Wood Frame Const - Finish: Wood Siding Roofing: Composition; Metal Cooling: Evaporative Cooling; Ceiling Fan(s) Heating: Propane; Electric Utilities: City Electric; Propane Water Source: City Water Sewer: Sewer - Public Fencing: Chain Link Landscaping: Dirt Front Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: Real Broker

Last Updated: March - 04 - 2026