510 N Possum Lane, Payson, AZ 85541 (MLS# 91612)

Location: Rural

Style: Single Level; Chalet; Cabin; Cottage

Parking Features: No Garage

Construction: Wood Frame

Siding: Wood

Roof: Asphalt/Comp Shingle

Fencing: Chain Link; Block

Exterior Features: Patio; Grill; Landscaped; View of Mountains; View of Wooded/Trees; In the Trees; Tall Pines on Lot; Storage/Utility Shed

Interior Features: Split Floor Plan; Master Main Floor; Smoke Detector; Furnished/See Rmrks

Sub Floor Type: Wood; Slab

Floor Covering: Laminate

Kitchen Features: Refrigerator; Electric Range; Microwave; Garbage Disposal; Eat-in; Non Laminate

Dining Room: Kitchen-Dining Combo

Laundry: Washer

Water Heater: Electric

Other Rooms: Potential Bedroom; Study/Office/Den; Family Room; Loft

Cooling: Central; Ceiling Fan

Heating: Forced Air; Fireplace/Woodstove; Electric

Utilities Available: Electricity; Septic Tank Installed; Telephone; Cable TV/Satellite; Internet Hook Up; Trash

Possession: At Close of Escrow

Homeowner's Assoc: Tennis Courts

Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab). **If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!