Views - Seller Financing - Lease to Own
Address
1248 S Running Elk Road, Payson, AZ
Price
$ 1,200,000
Property Attributes
- ID#7079683
- TypeSingle Family
- Listing Status Active
- CountyGILA
- CityPayson
- AreaCOLCORD MOUNTAIN HOMESITE
- NeighborhoodCOLCORD MOUNTAIN HOMESITES
- Zip85541
- StyleResidential
- Year Built2026
- Taxes$ 3391
- Price$ 1,200,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2444
- Lot Size2.35 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
TO BE BUILT - NEW CONSTRUCTION IN BEAUTIFUL RIM COUNTRY! Build The Ironwood by Platinum Edge Homes on a unique 2.37-acre homesite at approximately 6,000 feet elevation, overlooking a beautiful canyon and surrounded by the natural beauty of Arizona's Rim Country. Enjoy the best of both worlds--a brand-new home designed for today's lifestyle combined with acreage, privacy and mountain surroundings. The Ironwood offers approximately 2,444 square feet of single-level living with 3 bedrooms, dedicated office, 2.5 bathrooms, 3-car garage and an impressive RV garage/workshop. The thoughtfully designed floor plan features 10-foot ceilings and an open great room, dining area and spacious kitchen that create an inviting setting for everyday living and entertaining. The primary suite includes a private bath and walk-in closet, while two additional bedrooms and a separate office provide flexibility for guests, family or working from home. A covered outdoor living area takes advantage of the peaceful mountain setting, while the RV garage/workshop provides exceptional space for recreational vehicles, equipment, hobbies and all your Rim Country toys. Unlike starting with completely raw land, this property already offers valuable infrastructure, including two working wells, a third water source with Payson, two electrical sources--one underground and one overhead--and a working septic system currently designed for a 3-bedroom, 2-bath home. Approximately 2 acres are fenced, with additional land extending west beyond the ravine. An established orchard with apple, pear, peach and plum trees adds character to the property. GU (General Unclassified) zoning and NO HOA provide added flexibility for rural residential and agricultural uses, including horses, animals, gardening and accessory structures where permitted. Work with the builder to personalize The Ironwood with available selections and finishes and create the mountain home you've been dreaming about. Potential for a full-time residence, second home or future vacation rental, subject to applicable Gila County requirements. New construction, acreage, existing infrastructure, RV garage/workshop, canyon views and no HOA--an exceptional opportunity in Arizona's beautiful Rim Country. Pricing depends on square feet and finishes and can range from 900K to 1.2 million depending on what you decide to build more than one model offered by this builder. Buyer should directly speak to this builder and account for the cost of the land.
| Elementary School | Middle School | High School |
|---|---|---|
| Payson Elementary School | Rim Country Middle School | Payson High School |
| Price History | |
|---|---|
| 10/5/2026 | Listed $1,200,000 |
General Features
| Sewer | Septic in & Cnctd,Septic Tank |
|---|---|
| Heating | Electric |
| Cooling | Other |
| Possession | Close Of Escrow |
| Roof | Composition,Tile,Metal |
| Garage Spaces | 3.0 |
| Association Fee Includes | No Fees |
| Construction Materials | Stucco,Wood Frame |
| Year Built | 2026 |
| Township | 10 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Gila |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | COLCORD MOUNTAIN HOMESITES |
| Special Listing Conditions | N/A |
| Status | Active |
| Directions | Hwy260 to MM 277.3,Colcord Rd South 3.4 miles paved road plus 0.8 miles dirt to Colcord Estates. Right on Running Elk,Stay Right at Y. 1.1 miles to end and green gate,& our sign. Thru gate to home |
| High School | Payson High School |
| City | Payson |
| Disclosures | Seller Discl Avail |
| High School District | Payson Unified District |
| Open Parking Spaces | 0.0 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 102232.0 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Spa Features | None |
| Elementary School | Payson Elementary School |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3391.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Rim Country Middle School |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Builder Name | Unknown |
| Standard Status | Active |
| Occupancy Type | Interim Occupant |
| Elementary School District | Payson Unified District |
| Tax Lot | 88 |
| MobileHomeRemainsYN | No |
| New Financing: Conventional | True |
| Senior Community | No |
| Ttl Monthly Fee Equiv | 0.0 |
| Eligible for Down Payment Resources | No |
Interior Features
| Interior Amenities | Walk-in Pantry,Quartz Countertops,Double Vanity,Eat-in Kitchen,Kitchen Island,Pantry,Full Bth Master Bdrm |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Wshr/Dry HookUp Only |
| Total Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
| Bedrooms Possible | 3 |
| Kitchen Island | True |
| Pantry | True |
| Walk-in Pantry | True |
Exterior Features
| Fencing | Chain Link |
|---|---|
| Lot Features | Natural Desert Front |
| Water Source | Private Well,Onsite Well |
| Lot Size Area | 102232.0 |
| Spa | No |
| Building Area Total | 2444.0 |
| Lot Size Acres | 2.35 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Covered Spaces | 3.0 |
| Crops Included Y/N | No |
| Horse Y/N | Yes |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 85541
Price
Taxes
Year Built
Visits
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