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Property Description
RARE 2.37-ACRE, FENCED, IMPROVED MOUNTAIN HOMESITE! Discover a truly unique opportunity at 1248 S Running Elk Road, situated at approximately 6,000 feet in elevation and overlooking a beautiful canyon in Arizona's spectacular Rim Country. Approximately 2 acres are fenced, with additional land extending west beyond the ravine, creating an appealing combination of usable space, privacy, views and natural mountain terrain. The lot is GU (General Unclassified) zoned with NO HOA, offering flexibility for rural residential and agricultural uses and possibilities such as a custom home, horses, animals, gardening and accessory structures, subject to Gila County requirements. This is much more than vacant land. COMPANY--along with TWO ELECTRICAL SOURCES, one underground and one overhead, and a WORKING SEPTIC SYSTEM DESIGNED TO SERVE A FUTURE 3-BEDROOM, 2-BATH HOME. An established orchard features apple, pear, peach and plum trees, and raspberries have also been grown on the property. Previous residential structures have been removed, leaving a cleared site ready for a buyer's vision. A 40-FOOT SHIPPING CONTAINER provides substantial secure storage and conveys with the property. The lower portion of the parcel also includes covered parking and a large covered work area, offering valuable space for equipment, projects and recreational vehicles. ALSO INCLUDED WITH THE SALE is a 2016 OPEN RANGE FIFTH-WHEEL RV, 3X RATED FOR COLDER-WEATHER USE, providing an additional valuable feature for enjoying the property and the Rim Country setting. HOUSE PLANS AND BUILDING CONCEPTS ARE AVAILABLE TO SHARE WITH INTERESTED BUYERS. A separate residential listing is also available in conjunction with a builder who can help create a new home on the property, giving buyers the opportunity to explore a new-build option designed to take advantage of this special mountain setting. With much of the essential infrastructure already in place, imagine creating a brand-new mountain home surrounded by the natural beauty of Rim Country. The property may also offer potential as a second home, full-time residence or future vacation rental, subject to applicable Gila County requirements. Surrounded by tall pines and close to the recreational opportunities of the Mogollon Rim, this property offers privacy, usable space, views and the opportunity to create a truly unique Arizona mountain lifestyle. Bring your vision and make this special piece of Rim Country your own. Buyer to independently verify water sources and availability, elevation, septic capacity/design, zoning, building requirements, utilities, fifth-wheel/RV information and permitted use, builder/new-construction options, vacation-rental use, intended uses and all material facts.
Full Property Details
Full Property Details for 1248 S Running Elk Rd
General
- Price: $474,900
- Taxes: $3,391 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7079676
- Updated: 10/7/2026
- Added to Site: 5 day(s) ago
Location
- County: Gila
- Township: 10
- Subdivision: COLCORD MOUNTAIN HOMESITES
- Cross Streets: 260 and Colcord Road
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: Domestic Well
- Dist. to Water: On Property
- Well: Yes
- Dist. to Telecomm: None
Additional Structures
- Other Structures: Workshop, Other
Lot Features
- Property View: Mountain(s), Trees/Woods
- Mountain views: Yes
- Lot Size (Acres): 2.35
- Lot Size (Sq. Ft.): 102,232
- Lot Dimensions: 2.37 acres
- Frontage: Gravel
- Development Status: Raw Land, Plans Available
- Trees/Vegetation: Natural Vegetation, Treed, Orchrd/Grve/Vineyrd
- Zoning: GU
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $3,391
- Tax Year: 2025
- Terms: Owner May Carry, Cash, Other (See Rmks), Lease Option, Lease Purchase
Disclosures and Reports
- Legal Description: LOTS 88, 90 & 91, COLCORD MOUNTAIN HOMESITE, PLAT 239 EXC POR DESC AS BEG AT THE NW COR LOT 69; TH S
- Property ID: 303-19-092-A
- Range: 14E
- Section: 27
- Lot Number: ''
Listed by Ann Adams And Associates Realty, LLC
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Schools
Schools serving 1248 S Running Elk Rd
School District:Young Elementary School District
| Name | Grades | Distance |
|---|---|---|
Young Elementary School Hwy 288 Baker Ranch Rd, Young, AZ 85554 | PK-8 | 11.7 mi |
Young High School Hwy 288 Baker Ranch Rd, Young, AZ 85554 | 9-12 | 11.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 S Running Elk Rd
Date
Details
Price
Change
Source
10/05/2026
Listed
$474,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1248 S Running Elk Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$885
-74%
$12,771
222%
2024
$3,391
5%
$3,967
-86%
2023
$3,236
8%
$27,829
17%
2022
$2,996
-8%
$23,762
13%
2021
$3,261
3%
$21,058
—
2020
$3,162
—
$21,058
100%
2020
$3,162
9%
-100%
2018
$2,895
4%
$20,148
2%
2017
$2,788
8%
$19,725
9%
2016
$2,574
3%
$18,171
1%
2015
$2,487
5%
$17,933
12%
2013
$2,366
—
$15,980
1%
2013
$2,366
—
$15,845
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1248 S Running Elk Rd
1248 S Running Elk Road, Payson, AZ 85541 (MLS# 7079676) is a Lots/Land property with a lot size of 2.35 acres. 1248 S Running Elk Road is currently listed for $474,900 and was received on October 05, 2026. Want to learn more about 1248 S Running Elk Road? Do you have questions about finding other Lots/Land real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

