$2,000,000
$500K PRICE DROP

1807 E Underwood Ln Payson, AZ 85541

Estimated payment $11,480/month

Total Views 677
3 Beds
3.5 Baths
4,911 Sq Ft
$407 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Cathedral Ceiling
  • Pine Trees
  • Viking Appliances
  • Wood Flooring

About This Home

Magnificent mountain estate with unobstructed, million dollar views of the Mogollon Rim! Surrounded by tall pines this private 2.22AC property, this custom home will impress with 4911sf and an open floorplan. Almost new metal roof on both buildings and concrete board siding for low maintenance. Cathedral ceiling in the living room is tongue and groove and there is a natural rock, wood-burning fireplace. Gorgeous kitchen features a Viking gas cooktop, island, convection oven, refrigerator, granite countertops and solid wood walnut cabinetry. Enjoy dining with stellar views and access to an outdoor Grand Turbo Grill Station with rotisserie. Spa-like ensuite on main level includes jetted tub, walk-in shower, makeup vanity, double sinks and large walk-in closet. Massive main bedroom provides access to open deck space. Beautiful office space and library have built-in desks with granite surfaces and abundant bookshelves. Laundry room is spacious and is off the attached 3 car garage, which has an almost new epoxied floor. Lower level are distinct living areas with a game room and bar with wine cooler, refrigerator and a gas fireplace. Guest bedroom sleeps four and has a bathroom with shower. Large family room for entertaining family and friends with access to covered patio. Spacious Master Bedroom with elegant ensuite with soaking tub-shower combo and closet. Home has automated fire suppression system, surround sound and instant hot water. Covered patio has Rainscaping above to seal off rain, Extensive Trex decking on main level and covered area for dining. Detached 2-car, pass through garage below house has plenty of room for your mountain gear and toys. The backyard is fenced and the entire property has been fire wised. Horses are allowed. Solar is owned

Listing Agent

Deborah Rose

Realty ONE Group License #SA551334000 Listed on: 05/30/2026

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,380

Year Built

  • Built in 2006

Lot Details

  • 2.22 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Pine Trees
  • Property is zoned R1-90

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 4,911 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Mountain Views
  • Attic Fan
  • Laundry Room

Kitchen

  • Convection Oven
  • Grill
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Viking Appliances
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 5 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Horses Allowed On Property
  • Cement Board Skirt

Community Details

  • No Home Owners Association
  • Built by Iverson

Listing and Financial Details

  • Tax Lot 21 B
  • Assessor Parcel Number 302-84-025K

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,380

Year Built

Built in 2006

Lot Details

2.22 Acres

Listing Details

  • FILLACRES: 2.22
  • Estimated Sq Ft: 4911.00
  • Estimated Sq Ft Range: 4001 - 5000
  • Total Bathrooms: 4.00
  • Cooling N A Other: garage
  • House Faces: E
  • Directions: Tyler Pkwy off 87N or 260E to Underwood Lane. Sign on
  • Fencing Wire Fence: YES
  • Fireplace Wood Stove: Fireplace, Gas Fireplace, In Living Room
  • Fireplace Woodstove N A Other: Game room
  • Homeowners Assoc N A Other: YES
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: Game room
  • Parking Features N A Other: Two Garages
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Building Style: Lodge
  • Sub Code: Payson 3 Unit 1
  • Sub Floor Type: Slab
  • Tract Suffix: Lane
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Tile, Wood
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: C.O. Detector, Dual Pane Window, Fire Sprinkler Sys, Instant Hot Water, Master Main Floor, Security System, Smoke Detector, Surround Sound, Vaulted Ceiling
  • Kitchen Features: Built in Microwave, Dishwasher, Garbage Disposal, Gas Range, Kitchen Island, Refrigerator
  • Laundry: Utility Room
  • Legal Description: SECTION: 26 TOWNSHIP: 11N RANGE: 10E PARCEL TWO B, ROS 2548, PAYSON THREE UNIT ONE, PLAT MAP 655NW1/4 SE1/4 SEC 26 T11N R10E = 2.22 AC(OUT OF 302-84-025H)
  • Entry Location: In Payson City Limits
  • Other Rooms: Family Room, Study/Office/Den
  • Source of Sq Ft: Appraiser

Exterior Features

  • Builder Name: Iverson
  • Exterior Construction: Wood Frame
  • Exterior Features: Built in Barbeque, Covered Patio, Covered Porch/Deck, Grill, In the Trees, Landscaped, Tall Pines on Lot, View of Mountains
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 21 B
  • Roof: Metal
  • Exterior Construction: Concrete Board
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 5.00
  • Parking Features: Attached, Detached, Garage Door Opener, Garage Only

Utilities

  • Cooling: Attic Fan, Ceiling Fan, Central, Electric Refrig.
  • Heating: Forced Air, Propane, Solar
  • Utilities Available: Cable TV/Satellite, Electricity, Grinder Pump, Internet Hook Up, Piped Propane, Sewer Hooked In, Telephone, Town of Payson Water, Trash, Underground Util
  • Water Heater: Over 30 Gallons, Propane

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 8380.00

Lot Info

  • Assessor Parcel Number: 302-84-025K
  • Lot Dimensions: Irregular
  • Zoning: R1-90

Tax Info

  • Year: 2025

Map

Range of Values:

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,700 $109,639 $19,196 $90,443
2025 $8,700 -- -- --
2024 $8,115 $97,064 $14,422 $82,642
2023 $8,115 $93,343 $8,792 $84,551
2022 $7,865 $63,638 $8,792 $54,846
2021 $7,384 $63,639 $8,792 $54,847
2020 $7,094 $0 $0 $0
2019 $6,887 $0 $0 $0
2018 $6,480 $0 $0 $0
2017 $6,041 $0 $0 $0
2016 $5,916 $0 $0 $0
2015 $5,455 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 Price Changed $2,000,000 -20.0% $407 / Sq Ft
05/30/2026 05/30/26 For Sale $2,500,000 -- $509 / Sq Ft
Source: Central Arizona Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Trustee Deed $450,633 Fidelity Natl Title Ins Co
Source: Public Records

Source: Central Arizona Association of REALTORS®

MLS Number: 94135

Central Arizona Association of REALTORS®

APN: 302-84-025K

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