$869,900
$5K PRICE DROP

1015 N Monarch Dr Payson, AZ 85541

Estimated payment $5,037/month

Total Views 19,700
3 Beds
3 Baths
2,989 Sq Ft
$291 Price per Sq Ft

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Jettted Tub and Separate Shower in Primary Bathroom
  • City Lights View
  • Spanish Architecture
  • No HOA

About This Home

Exquisite Custom Home in Payson, AZ. Tucked peacefully against a forested hillside, this beautifully crafted home offers a rare blend of privacy, luxury, and breathtaking views of the Granite Dells and Mazatzal Mountains. With 2,989 square feet of meticulously designed living space, this all-electric home features a fully owned solar system and a seamless fusion of Southwest warmth, contemporary elegance, and rustic charm. Step inside to a grand open-concept great room, where vaulted wood-beamed ceilings and rich finishes create an inviting yet impressive atmosphere. The spacious living area is centered around a cozy pellet stove and custom built-ins, while expansive windows and plantation shutters allow natural light to pour in. Just beyond, the kitchen is a dream for any cook, complete with granite countertops, high-end appliances, custom wood cabinetry, and a generous breakfast bar perfect for casual mornings or entertaining. The primary suite is a true retreat, offering a luxurious ensuite bath with a large tiled shower, double vanities, a jetted soaking tub, and a walk-in closet with thoughtful built-ins. Two additional bedrooms share a stylish Jack & Jill bathroom with another jetted tub, and a separate powder room adds convenience for guests. The dining area, anchored by a statement antler chandelier, offers a warm space for gatherings and flows effortlessly into the rest of the home. Every detail from the flooring and lighting to the architectural arches and niches has been selected with care to elevate the living experience. Step outside to the covered back patio and enjoy serene moments surrounded by nature. With no rear neighbors and the hillside directly behind you, this home offers unmatched tranquility and seclusion. From its stunning design and modern upgrades to its energy efficiency and private setting, this is a one-of-a-kind opportunity to own a piece of luxury in the heart of Payson.

Listing Agent

Kimberly Anderson

Realty Executives Arizona Territory License #SA538219000 Listed on: 09/05/2025

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 2005

Lot Details

  • 23,522 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,989 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Walk-In Pantry
  • Built-In Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Julia Randall Elementary School
  • Rim Country Middle School
  • Payson High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Electric Water Heater
  • Water Softener is Owned

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Alpine Village Subdivision

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 302-79-303

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,726

Year Built

Built in 2005

Lot Details

0.54 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.54
  • Subdivision Name: Alpine Village
  • Architectural Style: Spanish
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 291.03
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Cooktop, Microwave, Built-In Electric Oven, Water Softener Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Pantry, Kitchen Island, Walk-in Pantry, Non-laminate Counter, Vaulted Ceiling(s)
  • Living Area: 2989.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Other
  • Lot Features: Hillside Lot, Cul-De-Sac, Desert Front, Desert Back
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: All on One Level
  • Construction Type: Wood Frame, Stucco, Synthetic Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Ceiling
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Julia Randall Elementary School
  • High School: Payson High School
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23522.0
  • Parcel #: 302-79-303

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4726.0
  • Tax Book Number: 302.0
  • Tax Lot: 303
  • Tax Map Number: 79.0

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,930 $93,795 $8,292 $85,503
2025 $4,930 -- -- --
2024 $4,559 $91,501 $7,896 $83,605
2023 $4,559 $82,321 $6,675 $75,646
2022 $4,400 $57,161 $6,536 $50,625
2021 $4,094 $57,161 $6,536 $50,625
2020 $3,910 $0 $0 $0
2019 $3,778 $0 $0 $0
2018 $3,531 $0 $0 $0
2017 $3,286 $0 $0 $0
2016 $3,189 $0 $0 $0
2015 $2,947 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2026 03/03/26 Price Changed $869,900 -0.6% $291 / Sq Ft
09/05/2025 09/05/25 For Sale $875,000 +56.3% $293 / Sq Ft
07/09/2019 07/09/19 Sold $560,000 0.0% $187 / Sq Ft View Prior Sale
07/09/2019 07/09/19 Sold $560,000 -2.6% $187 / Sq Ft View Prior Sale
06/09/2019 06/09/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $575,000 +99900.0% $192 / Sq Ft
11/02/2018 11/02/18 For Sale $575 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 Pioneer Title Agency
Interfamily Deed Transfer -- Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $70,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6915405

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-79-303

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