518 N Colcord Road, Payson, AZ 85541 (MLS# 93450)
$348,000
Payson, AZ 85541
MLS# 93450
Status: Closed
3 beds | 2 baths | 1480 sqft
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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
Status Change Info
Status: Closed
Pending Date: 2026-03-02
Sold Date: 2026-04-08
Sold Price: $348,000
Sold Price/SqFt: 235.13
Sold Type: Sold Within Office
Contract Information
Status: Closed
Property Sub-Type: Site Built
Sold Price: $348,000
Current Price: $348,000
List Price/SqFt: 235.13
List Date: 2026-02-17
List Type: Exclusive Agency
Foreclosure: No
Location, Tax & Legal
Street #: 518
Direction: N
Street Name: Colcord
Suffix: Road
State: AZ
Zip Code: 85541
Area: Payson Northwest
Sub Code: Payson North U1
County: Gila
General Property Description
Acres: 0.27
Lot Dimensions: 70x55.44x70x55.44
Bedrooms: 3
Total Bathrooms: 2
Baths - Full: 2
Apx SqFt: 1480
Apx SqFt Range: 1251 - 1500
Source of SqFt: Owner
Year Built: 1970
Carport Capacity: 1
Waterfront: No
Horses: No
View: No
Fireplace/Stove: Yes
Warranty Program: No
To Show
Showing Service Name: Broker Bay
Dining Room
N/A - Other: Bar Area
Homeowner's Assoc
N/A - Other: None
Laundry
Other: Enclosed on the rear
Property Features
To Show: Text/Call Listing Agent
Location: In Payson City Limits
Style: Cottage
Parking Features: Carport; RV Access/Parking; No Garage; RV Gated
Levels: Two
Construction: Wood Frame
Siding: Wood
Roof: Asphalt Shingle; Metal
Fencing: Chain Link
Other Structures: Guest House
Exterior Features: Patio; Covered Deck; Covered Porch; Landscaped; Work Shop
Interior Features: Master Main Floor; Dual Pane Window; Smoke Detector(s)
Sub Floor Type: Wood
Floor Covering: Carpet; 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 Cooling; Ceiling Fan(s)
Heating: Fireplace/Woodstove; Electric; Propane
Utilities Available: Electricity; Piped Propane; Town of Payson Water; Sewer Hooked In; Trash
Possession: Close Of Escrow
IDX
Listing Office: Real Broker
Last Updated: April - 08 - 2026
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