$299,000
$26K PRICE DROP

287 S Lookout Trail Payson, AZ 85541

Estimated payment $1,748/month

Total Views 2,963
1 Bed
1 Bath
672 Sq Ft
$445 Price per Sq Ft

Highlights

  • Gated Community
  • Covered Patio or Porch
  • Cooling Available
  • 1 Fireplace
  • Cul-De-Sac
  • Ceiling Fan

About This Home

Welcome to your ''Great Escape,'' nestled on a beautiful 1⁄2 acre setting and surrounded by lots of common area amid the tall pines in the coveted Diamond Point Summer Homes Subdivision near Payson, AZ. This cozy 1-bedroom, 1-bath log-sided cabin offers the perfect blend of mountain charm and everyday functionality—ideal for weekend escapes and serenity. Diamond Point is surrounded by National Forest and has 84.5 acres of common area throughout. This cabin features an open floor plan, a charming wood burning stove, an oversized, detached single car garage with extra workspace and an additional storage building for tools, toys, or seasonal décor. Don't miss this Rare Opportunity to enjoy cool summers, and easy access to hiking, fishing, and outdoor adventure. Whether you're seeking a quiet . retreat or a base camp for exploration, this cabin delivers.

Listing Agent

Robert Linkey

Realty Executives Arizona Territory License #SA028655000 Listed on: 10/09/2025

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1957

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Log Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Built-In Electric Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 302-45-043

Community Details

Overview

  • Association fees include (see remarks)
  • Diamond Point Association, Phone Number (480) 307-8714
  • Diamond Point Summer Homes Subdivision

Additional Features

  • No Laundry Facilities
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1957

Lot Details

0

HOA Fees

$40 per month

Parking

1

Listing Details

  • Legal Info Range: 11E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 40.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1957
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.5
  • Subdivision Name: DIAMOND POINT SUMMER HOMES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 444.94
  • Association Fees:HOA Fee2: 480.0
  • Cooling:Ceiling Fan(s): Yes
  • Const - Finish Log Siding: Yes
  • Kitchen Features:Built-In Electric Oven2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Built-In Electric Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 672.0
  • Stories: 1
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Private: No
  • View: Trees/Woods
  • Disclosures: Agency Discl Req
  • Construction Type: Log Siding, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: See Remarks
  • Laundry Features: None
  • Cooling Y N: Yes
  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 480.0
  • Association Fee Frequency: Annually
  • Association Name: Diamond Point
  • Phone: 480-307-8714
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 1500.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Diamond Point
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21802.0
  • Parcel #: 302-45-043

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1592.0
  • Tax Book Number: 302.00
  • Tax Lot: 43
  • Tax Map Number: 45.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $1,510 -- -- --
2024 $1,510 $30,021 $4,120 $25,901
2023 $1,510 $11,156 $3,120 $8,036
2022 $1,447 $10,289 $3,120 $7,169
2021 $1,470 $10,289 $3,120 $7,169
2020 $1,506 $0 $0 $0
2019 $1,436 $0 $0 $0
2018 $1,451 $0 $0 $0
2017 $1,212 $0 $0 $0
2016 $1,337 $0 $0 $0
2015 $1,218 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2025 11/15/25 Price Changed $299,000 -8.0% $445 / Sq Ft
10/09/2025 10/09/25 For Sale $325,000 -- $484 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Cash Sale Deed $45,000 First American Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6932511

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-45-043