$925,000
SOLD SEP 25, 2025

488 W Homestead Ln Payson, AZ 85541

Payson Area
3 Beds
2 Baths
2,732 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: September 25, 2025

$339 Per Sq Ft

6% Below List Price

22 Days on Market

Highlights

  • Above Ground Spa
  • Wood Flooring
  • Central Air
  • Mountain View
  • Dual Vanity Sinks in Primary Bathroom
  • Ceiling Fan

About This Home

As of September 2025

Welcome to one of the Crown Jewels of Hunter Creek Ranch — a luxurious 3-bedroom, 3-bath cabin perched on the highest elevated lot in this coveted gated community near Payson, AZ. Spanning over 2,700 sq. ft. and nestled on nearly half an acre that borders The Tonto National Forest, this mountain retreat offers unmatched privacy, panoramic views, and timeless craftsmanship. Step inside to discover soaring wood ceilings with artistic angles, rich wood floors, and expansive windows that frame the forested beauty of Christopher Mountain. The open-concept great room flows seamlessly into a gourmet kitchen and spacious dining area — perfect for entertaining or quiet evenings by the beautiful fireplace. Each bedroom is a sanctuary, with the primary suite, offering spacious comfort and direct ... access to the BIG 680 sq. ft view deck and hot-tub area to "soak in" the stunning beauty of nature's surroundings. There is also an intriguing, hidden wall, game room inside just waiting to be discovered. The owner has upgraded many features to include a newer kitchen refrigerator, appliances and a freshly painted exterior. Plan your "Great Escape" today! Hunter Creek Ranch is truly an enchanting, gated community amid the tall pines. It is surrounded by pristine National Forest land, and it features winding paved roads, underground utilities, an excellent water source, a community sewer system and beautiful custom homes on large lots that are strategically separated to provide a feeling of seclusion and privacy throughout. There are numerous nearby hiking trails, mountain streams and seven picturesque Rim Country lakes. Don't Delay! Elevate your Escape today in the heart of Arizona's Majestic "Rim Country" (P.S. The annual HOA fee includes sewer, water, and road maintenance!! Also, most furnishings, tools, a nearly new and fully loaded Polaris XP General and other items are available by separate agreements).

Last Agent to Sell the Property

Robert Linkey

Realty Executives Arizona Territory License #SA028655000 Listed on: 08/10/2025

Realty Executives Arizona Territory

Last Buyer's Agent

Robert Linkey

Realty Executives Arizona Territory License #SA028655000 Listed on: 08/10/2025

Realty Executives Arizona Territory
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 2001

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Walk-Out Basement
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane

Additional Features

  • Above Ground Spa
  • 19,653 Sq Ft Lot

Community Details

  • Association fees include ground maintenance, street maintenance
  • Hunter Creek Ranch Association, Phone Number (509) 481-0031
  • Hunter Creek Ranch Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 303-07-058-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,328

Year Built

Built in 2001

Lot Details

0.45 Acres

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 130.42
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.45
  • Subdivision Name: HUNTER CREEK RANCH
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 338.57
  • Association Fees:HOA Fee2: 1565.0
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Const - Finish Wood Siding: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Above Ground, Private
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 2732.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Walkout: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 1565.0
  • Association Fee Frequency: Annually
  • Association Name: Hunter Creek Ranch
  • Phone: 509-481-0031
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Hunter Creek Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 19653.0
  • Parcel #: 303-07-058-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5328.0
  • Tax Book Number: 303.00
  • Tax Lot: 56
  • Tax Map Number: 7.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2025
Closed on
Sep 23, 2025
Sold by
Salem Family Trust and Salem John H
Bought by
Seller's Agent
Robert Linkey
Realty Executives Arizona Territory
Buyer's Agent
Robert Linkey
Realty Executives Arizona Territory
List Price
$985,000
Sold Price
$925,000
Premium/Discount to List
-$60,000
-6.09%
Views
9
Current Estimated Value
$1,021,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,719
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Aug 24, 2022
Sold by
Salem John H and Salem Natalie E
Bought by
Salem Family Trust

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 17, 2022
Sold by
4K Trust
Bought by
Salem John and Marston-Salem Natalie
Seller's Agent
Annette Bashaw
COLDWELL BANKER BISHOP REALTY - PAYSON
Buyer's Agent
Annette Bashaw
COLDWELL BANKER BISHOP REALTY - PAYSON
List Price
$770,000
Sold Price
$700,000
Premium/Discount to List
-$70,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Listed on
Jun 27, 2019
Closed on
Feb 25, 2020
Sold by
Richards Christopher F and Richards Debra H
Bought by
Andler Patrick and Andler Nancy Jo
Seller's Agent
Thomas Aulman
REVELATION REAL ESTATE
Buyer's Agent
Annette Bashaw
COLDWELL BANKER BISHOP REALTY - PAYSON
List Price
$650,000
Sold Price
$591,000
Premium/Discount to List
-$59,000
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$472,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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 $925,000 Pioneer Title
Special Warranty Deed -- --
Warranty Deed -- Pioneer Title
Warranty Deed -- Accommodation
Warranty Deed $595,000 Pioneer Title Agency Inc
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
Previous Owner $472,800 New Conventional
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
09/25/2025 09/25/25 Sold $925,000 -6.1% $339 / Sq Ft
08/10/2025 08/10/25 For Sale $985,000 +40.7% $361 / Sq Ft
06/17/2022 06/17/22 Sold $700,000 0.0% $256 / Sq Ft View Prior Sale
06/10/2022 06/10/22 Off Market $700,000 -- --
05/14/2022 05/14/22 For Sale $770,000 +30.3% $282 / Sq Ft
03/06/2020 03/06/20 Sold $591,000 -9.1% $216 / Sq Ft View Prior Sale
02/05/2020 02/05/20 Pending -- -- --
06/27/2019 06/27/19 For Sale $650,000 -- $238 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,414 $131,538 $8,866 $122,672
2025 $5,414 --
2024 $4,980 $64,540 $2,033 $62,507
2023 $4,980 $35,636 $6,240 $29,396
2022 $5,775 $42,095 $6,240 $35,855
2021 $5,522 $42,095 $6,240 $35,855
2020 $5,389 $0 $0 $0
2019 $5,169 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6904601

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-07-058A

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