$588,000
$1K PRICE DROP

1906 E Rainbow Trail Payson, AZ 85541

Payson Area

Estimated payment $3,270/month

Total Views 4,541
3 Beds
2.5 Baths
2,025 Sq Ft
$290 Price per Sq Ft

Highlights

  • Mountain View
  • Balcony
  • Double Pane Windows
  • Granite Countertops
  • Eat-In Kitchen
  • Double Vanity

About This Home

Escape the Valley heat and discover your mountain retreat in beautiful Payson! Just 75 minutes from the Phoenix metro area, this updated home offers an incredible opportunity to own in one of Rim Country's most desirable neighborhoods for under $600,000. Surrounded by stunning custom and luxury homes, this property delivers exceptional value and a lifestyle that's hard to match. Inside, you'll find luxury flooring, beautiful white shaker cabinetry, quality finishes, and tasteful upgrades throughout, creating a warm and inviting space you'll be proud to make home. Enjoy cool mountain temperatures, towering pine trees, and peaceful summer evenings while being less than 7 minutes from the prestigious Chaparral Pines and Rim Golf Clubs. Everyday conveniences, including Safeway, shopping, dining, banking, and fuel, are all just minutes away. Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.

Listing Agent

Blaine Jarvis

Four Peaks Property Management LLC License #SA027837000 Listed on: 06/16/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 2024

Lot Details

  • 8,063 Sq Ft Lot
  • Desert faces the front of the property

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,025 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet

Laundry

  • Laundry in unit
  • 220 Volts In Laundry
  • Washer Hookup

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • North or South Exposure
  • Balcony

Community Details

  • Association fees include street maintenance
  • Highlands At The Rim Association
  • Built by Grayson Development
  • Highlands At The Rim Subdivision

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 304-61-098

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

Built in 2024

Lot Details

8,063 Sq Ft Lot

HOA Fees

$28 per month

Parking

2

Listing Details

  • Cross Street: Highway 260/Rim Club
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 27.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Highlands at the Rim
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 290.37
  • Const - Finish:Const - Finish: Aluminum Siding
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Plumbing:Plumbing: Electric Hot Wtr Htr
  • Special Features: NewHome

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Eat-in Kitchen, Kitchen Island, Granite Counters, Upstairs, 9+ Flat Ceilings
  • Living Area: 2025.0
  • Stories: 2
  • Window Features: Vinyl Frame, Dual Pane, Low-Emissivity Windows
  • Additional Bedroom:Additional Bedroom: Master Bedroom Walk-in Closet
  • Dining Area:Dining Area: Eat-in Kitchen
  • Interior Features:Interior Features: 9+ Flat Ceilings
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Kitchen Island, Built-in Microwave, Granite Counters, Electric Oven, Electric Range
  • Laundry:Laundry: Washer Hookup, Inside, 220 V Dryer Hookup
  • Master Bathroom:Master Bathroom: 3/4 Bath Master Bdrm, Double Vanity, Private Toilet Room
  • Master Bedroom:Master Bedroom: Upstairs
  • Window Features:Window Features: Vinyl Frame, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: North/South Exposure, Desert Front, Dirt Back
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Spray Foam Insulation, Aluminum Siding
  • Roof: Composition
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

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
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: APS

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • Association Name: Highlands at the Rim
  • Phone: HATRCA@gmail.com
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 330.0

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Payson 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: 8063.0
  • Parcel #: 304-61-098

Building Info

  • Builder Name: Grayson Development

Tax Info

  • Tax Annual Amount: 454.0
  • Tax Book Number: 304.0
  • Tax Lot: 98
  • Tax Map Number: 61.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $471 $44,487 $6,378 $38,109
2025 $471 --
2024 $439 $12,746 $9,081 $3,665
2023 $439 $11,514 $8,024 $3,490
2022 $426 $9,607 $6,283 $3,324
2021 $400 $9,449 $6,283 $3,166
2020 $384 $0 $0 $0
2019 $373 $0 $0 $0
2018 $351 $0 $0 $0
2017 $327 $0 $0 $0
2016 $320 $0 $0 $0
2015 $311 $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 Prior Sale
07/17/2026 07/17/26 Price Changed $588,000 -0.2% $290 / Sq Ft
06/16/2026 06/16/26 For Sale $589,000 +17.6% $291 / Sq Ft
11/06/2025 11/06/25 Sold $501,000 -8.9% $244 / Sq Ft View Prior Sale
11/05/2025 11/05/25 Price Changed $550,000 0.0% $268 / Sq Ft
10/18/2025 10/18/25 Price Changed $550,000 0.0% $268 / Sq Ft
10/18/2025 10/18/25 For Sale $550,000 +9.8% $268 / Sq Ft
10/15/2025 10/15/25 Pending -- -- --
09/02/2025 09/02/25 Off Market $501,000 -- --
07/27/2025 07/27/25 Price Changed $550,000 -8.3% $268 / Sq Ft
05/24/2025 05/24/25 Price Changed $599,999 -4.0% $293 / Sq Ft
03/25/2025 03/25/25 Price Changed $625,000 -2.2% $305 / Sq Ft
03/11/2025 03/11/25 Price Changed $639,000 -1.7% $312 / Sq Ft
02/04/2025 02/04/25 For Sale $649,999 -- $317 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $501,000 Pioneer Title
Warranty Deed -- Accommodation/Courtesy Recordi
Warranty Deed $60,000 Pioneer Title
Warranty Deed -- Pioneer Title
Warranty Deed -- Pioneer Title
Warranty Deed -- Pioneer Title
Warranty Deed -- Pioneer Title
Cash Sale Deed $225,000 Pioneer Title Agency
Trustee Deed $210,000 None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $350,700 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $900,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7044498

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-61-098

Your Personal Tour Guide

Ask me questions while you tour the home.