
510 Possum Ln Payson, AZ 85541
Estimated payment $2,485/month
Highlights
- Mountain View
- Furnished
- Tennis Courts
- Main Floor Primary Bedroom
- Granite Countertops
- Eat-In Kitchen
About This Home
*NOW LISTED $26,000 BELOW APPRAISAL!* Nestled on the outskirts of Payson, this cozy cabin offers the ideal blend of rustic charm & modern convenience. Surrounded by scenic beauty & wildlife, all while having access to amazing amenities & outdoor recreation. This upgraded mountain home has been thoughtfully remodeled for comfort & style. Highlights include a new $40k Septic System in '24, new HVAC in '21, & full remodel. The kitchen has been transformed w/ stunning granite counters & a convenient coffee bar. New wood laminate flooring, paint, & trim provide a cozy feel. The fully upgraded bathroom offers contemporary finishes, with three large Bedrooms D/S. The finished attic provides a large 2nd family room & 4th sleeping area/bedroom! Ask about an option to add a 2nd Bath! Keep Reading: Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab).
**If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,610
Year Built
- Built in 2001
Lot Details
- 6,970 Sq Ft Lot
- Partially Fenced Property
- Block Wall Fence
- Chain Link Fence
HOA Fees
- $20 Monthly HOA Fees
Home Design
- Room Addition Constructed in 2021
- Roof Updated in 2022
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,423 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Family Room with Fireplace
- Mountain Views
Kitchen
- Kitchen Updated in 2021
- Eat-In Kitchen
- Electric Cooktop
- Granite Countertops
Flooring
- Floors Updated in 2021
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom Updated in 2021
- 2 Bathrooms
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Payson Elementary School
- Rim Country Middle School
- Payson High School
Utilities
- Cooling System Updated in 2021
- Central Air
- Heating unit installed on the ceiling
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 96
- Assessor Parcel Number 302-17-162-B
Community Details
Overview
- Association fees include ground maintenance
- Beaver Valley HOA, Phone Number (623) 256-1222
- Beaver Valley Subdivision
Recreation
- Tennis Courts
- Pickleball Courts
- Community Playground
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/04/2025 07/04/25 | Price Changed | $407,000 | -0.5% | $286 / Sq Ft |
06/27/2025 06/27/25 | Price Changed | $409,000 | -5.5% | $287 / Sq Ft |
05/16/2025 05/16/25 | Price Changed | $432,900 | +3.3% | $304 / Sq Ft |
04/04/2025 04/04/25 | Price Changed | $419,000 | -1.4% | $294 / Sq Ft |
03/07/2025 03/07/25 | Price Changed | $425,000 | -1.6% | $299 / Sq Ft |
02/07/2025 02/07/25 | For Sale | $432,000 | -- | $304 / Sq Ft |
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