$749,000
$101K PRICE DROP

199 S Greystone Cir Payson, AZ 85541

Estimated payment $4,426/month

Total Views 44,012
4 Beds
3 Baths
3,334 Sq Ft
$225 Price per Sq Ft

Highlights

  • Guest House
  • Waterfront
  • Fireplace in Primary Bedroom
  • Horses Allowed On Property
  • Mountain View
  • Contemporary Architecture

About This Home

Don't Miss This Mountain Retreat! Back on market no fault of the home!! Tucked away in the pines yet only 30 minutes from downtown Payson, this stunning 3-story, 5 bedroom, 2.5 bath home is your ticket to escape the valley heat and embrace mountain living. Whether you're looking for a family getaway, a full-time residence, or a turnkey Airbnb investment, this property delivers comfort, space, and incredible lifestyle potential A home built for memories. The main floor offers a spacious primary suite with a cozy fireplace, while vaulted ceilings and a wall of windows flood the living room with natural light and serene forest views. Upstairs you'll find a roomy loft with its own bedroom and full bath, while the finished walkout basement provides two more bedrooms, a half bath. Space for Everyone and Everything!! PRIVATE SOLELY OWNED WELL! An oversized garage gives you room for all your toys, and above it, an additional guest suite currently serves as a recreational game room. The kitchen features warm cabinetry, stainless appliances, and plenty of space to gather-imagine making breakfast and stepping out onto the deck to enjoy coffee overlooking the trees. Multiple fireplaces, flexible living areas, and over 3,300 square feet ensure comfort for everyone. Upgrades, Acreage, and Opportunity. Sitting on 1.17 acres sloping gently to a creek, this home shines with brand-new updates: exterior paint, new flooring, rebuilt patio/deck, septic pump, and well pump (2024). Past upgrades include a new roof, catwalk, AC addition, and expanded bedrooms and baths. Pride of ownership is clear, and the potential is limitless, move right in, rent it out, or take it to the next level with your dream remodel. This home won't last- relaxation, adventure, and unforgettable memories await! Don't let your dream mountain cabin retreat slip away... book your private tour today and step into forest serenity. Your oasis among the pines awaits, come experience it firsthand! SELLER CARRYBACK SELLER FINANCING AVAILABLE

Listing Agent

Brooke Casady

HomeSmart License #SA671753000 Listed on: 08/31/2025

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1994

Lot Details

  • 1.17 Acre Lot
  • Waterfront
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 3,334 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Mountain Views

Kitchen

  • Kitchen Updated in 2024
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Floors Updated in 2024
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Young Elementary School
  • Young High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ponderosa Springs Unit 5 Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 303-17-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,089

Year Built

Built in 1994

Lot Details

1.17 Acres

Parking

2

Listing Details

  • Cross Street: Morris Meadows
  • Property Type: Residential
  • Ownership: Fee Simple
  • Bathrooms Year Updated: 2024
  • Items Updated Floor Yr Updated: 2024
  • Items Updated Ht Cool Yr Updated: 2015
  • Items Updated Kitchen Yr Updated: 2024
  • Items Updated Plmbg Yr Updated: 2015
  • Items Updated Rm Adtn Yr Updated: 2015
  • Items Updated Roof Yr Updated: 2015
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.17
  • Subdivision Name: PONDEROSA SPRINGS UNIT 5
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 224.66
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access, Full
  • Flooring: Carpet, Laminate
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Gas Oven, Gas Range, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, High Speed Internet, Vaulted Ceiling(s), Furnished(See Rmrks)
  • Living Area: 3334.0
  • Stories: 3
  • Window Features: Dual Pane, Skylight(s)

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Other
  • Lot Features: Waterfront Lot, Street(s) Not Paved, Adjacent to Wash, Dirt Front, Dirt Back, Grass Back
  • Pool Private: No
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail, Well Disclosure
  • Construction Type: Block, Wood Frame, Painted, Wood Siding
  • Other Structures: Guest House
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extended Length Garage, Detached, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Central Air, Other
  • Heating: Propane
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Young Elementary School
  • High School: Young High School
  • Junior High Dist: Young Elementary District
  • Middle Or Junior School: Young Elementary School

Lot Info

  • Horse Amenities: See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 51115.0
  • Parcel #: 303-17-046

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 5089.0
  • Tax Book Number: 303.0
  • Tax Lot: 46
  • Tax Map Number: 17.0

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 $5,365 $59,335 $4,730 $54,605
2025 $5,365 -- -- --
2024 $4,791 $55,177 $4,998 $50,179
2023 $4,791 $34,887 $6,160 $28,727
2022 $4,435 $35,049 $6,160 $28,889
2021 $4,598 $35,049 $6,160 $28,889
2020 $4,384 $0 $0 $0
2019 $4,178 $0 $0 $0
2018 $4,013 $0 $0 $0
2017 $3,866 $0 $0 $0
2016 $4,042 $0 $0 $0
2015 $3,754 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2026 02/16/26 Price Changed $749,000 -3.6% $225 / Sq Ft
02/06/2026 02/06/26 Price Changed $777,000 -2.9% $233 / Sq Ft
09/26/2025 09/26/25 Price Changed $799,999 -5.9% $240 / Sq Ft
08/31/2025 08/31/25 For Sale $849,900 +255.6% $255 / Sq Ft
03/23/2012 03/23/12 Sold $239,000 -0.8% $60 / Sq Ft View Prior Sale
02/25/2012 02/25/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $241,000 -- $60 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $239,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6913179

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-17-046

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