518 N Colcord Road, Payson, AZ 85541 (MLS# 93450)
$358,900
Payson, AZ 85541
MLS# 93450
3 beds | 2 baths | 1480 sqft
1 / 42
Property Description
Versatile Payson Property with Studio with potential to be used many ways, 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 currently setup for extra living, has a full bath and kitchen area -- possible rental income, home office, or small business use. Main home was updated in the 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 provides excellent privacy and income potential with its own kitchen and full bathroom, offering a buyer options. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped 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.
Details
Contract Information
List Price/SqFt: 242.5
Foreclosure: No
Property Sub-Type: Site Built
List Price: $358,900
Current Price: $358,900
List Date: 2026-02-17
List Type: Exclusive Agency
Location, Tax & Legal
Lot #: 139
Zoning: RES
Taxes: 1443.78
Tax Year: 2025
Assessor's Book #: 302
Assessors Map #: 64
Assessor's Parcel #: 139
APN #: 302-64-139
HOA: No
Legal Description: Section: 34 Township: 11N Range: 10E Lot 139 , Payson North Unit 1 , Plat 373 , Alg With Por Beg Sw Cor Lot 139; Th N0d01'w , 70.0'; Th S89d59'e , 55.44'; Th S0d01'e , 70.0'; Th N89d59'w , 55.44' To Pobse1/4 Sec 33 & Sw1/4 Sec 34 T11n R10e = 0.27 Ac
Street #: 518
Direction: N
Street Name: Colcord
Suffix: Road
State: AZ
Zip Code: 85541
Area: Payson Northwest
Sub Code: Payson North U1
County: Gila
Location
In Payson City Limits: 1
General Property Description
Acres: 0.27
Lot Dimensions: 70x55.44x70x55.44
Bedrooms: 3
Horses: No
Waterfront: No
View: No
Apx SqFt Range: 1251 - 1500
Source of SqFt: Owner
Carport Capacity: 1
Fireplace/Stove: Yes
Warranty Program: No
Total Bathrooms: 2
Baths - Full: 2
Apx SqFt: 1480
Year Built: 1970
Remarks & Misc
Directions: Hwy 87 North in Payson, West on Forest Drive, Left on Colcord Road, Right on Colcord Road, home on right with sign.
Public Remarks: Versatile Payson Property with Studio with potential to be used many ways, 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 currently setup for extra living, has a full bath and kitchen area -- possible rental income, home office, or small business use. Main home was updated in the 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 provides excellent privacy and income potential with its own kitchen and full bathroom, offering a buyer options. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped 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.
Status Change Info
Sold Price/SqFt: 0
Status: Active
To Show
Showing Service Name: Broker Bay
Text/Call Listing Agent: 1
Construction
Wood Frame: 1
Style
Two Story: 1
Cottage: 1
Interior Features
Master Main Floor: 1
Dual Pane Window: 1
Smoke Detector: 1
Parking Features
Carport Only: 1
RV Parking: 1
No Garage: 1
RV Gate: 1
Floor Covering
Carpeting: 1
Linoleum: 1
Lot/Street Improvem.
Blacktop Street: 1
Siding
Wood: 1
Exterior Features
Patio: 1
Covered Porch/Deck: 1
Landscaped: 1
Work Shop: 1
Separate Guest House: 1
Kitchen Features
Refrigerator: 1
Gas Range: 1
Dishwasher: 1
Garbage Disposal: 1
Breakfast Bar: 1
Roof
Asphalt/Comp Shingle: 1
Metal: 1
Utilities Available
Electricity: 1
Piped Propane: 1
Town of Payson Water: 1
Sewer Hooked In: 1
Trash: 1
Fencing
Chain Link: 1
Heating
Fireplace/Woodstove: 1
Electric: 1
Propane: 1
Water Heater
Electric: 1
Sub Floor Type
Wood: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Dining Room
N/A - Other: Bar Area
Homeowner's Assoc
N/A - Other: None
Laundry
Washer: 1
Dryer: 1
Utility Room: 1
N/A - Other: Enclosed on the rear
Cooling
Evaporative: 1
Ceiling Fan: 1
Other Rooms
Potential Bedroom: 1
Study/Office/Den: 1
Hobby Room: 1
In Law Quarters: 1
Fireplace/Woodstove
Gas Fireplace: 1
In Living Room: 1
Property Features
To Show: Text/Call Listing Agent
Location: In Payson City Limits
Style: Two Story; Cottage
Parking Features: Carport Only; RV Parking; No Garage; RV Gate
Construction: Wood Frame
Siding: Wood
Roof: Asphalt/Comp Shingle; Metal
Fencing: Chain Link
Exterior Features: Patio; Covered Porch/Deck; Landscaped; Work Shop; Separate Guest House
Interior Features: Master Main Floor; Dual Pane Window; Smoke Detector
Sub Floor Type: Wood
Floor Covering: Carpeting; Linoleum
Kitchen Features: Refrigerator; Gas Range; Dishwasher; Garbage Disposal; Breakfast Bar
Laundry: Washer; Dryer; Utility Room
Water Heater: Electric
Other Rooms: Potential Bedroom; Study/Office/Den; Hobby Room; In Law Quarters
Cooling: Evaporative; Ceiling Fan
Heating: Fireplace/Woodstove; Electric; Propane
Utilities Available: Electricity; Piped Propane; Town of Payson Water; Sewer Hooked In; Trash
Possession: At Close of Escrow
IDX
Listing Office: Real Broker - AZ
Last Updated: February - 19 - 2026
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