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$589,000 Just Listed
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Property Description
Escape the Valley heat and discover your mountain retreat in beautiful Payson! Just 75 minutes from the Phoenix metro area, this updated home offers an incredible opportunity to own in one of Rim Country's most desirable neighborhoods for under $600,000. Surrounded by stunning custom and luxury homes, this property delivers exceptional value and a lifestyle that's hard to match. Inside, you'll find luxury flooring, beautiful white shaker cabinetry, quality finishes, and tasteful upgrades throughout, creating a warm and inviting space you'll be proud to make home. Enjoy cool mountain temperatures, towering pine trees, and peaceful summer evenings while being less than 7 minutes from the prestigious Chaparral Pines and Rim Golf Clubs. Everyday conveniences, including Safeway, shopping, dining, banking, and fuel, are all just minutes away. Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.
Full Property Details
Full Property Details for 1906 E Rainbow Trail
General
- Price: $589,000
- HOA FEE: $28/month
- HOA FEE FREQ.: Annually
- Taxes: $454 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7044498
- Updated: 6/20/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
- Appliances: Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener
Location
- County: Gila
- Township: 10N
- Subdivision: Highlands at the Rim
- Cross Streets: Highway 260/Rim Club
Community
- Association: Yes
- Assoc. Name: Highlands at the Rim
- Assoc. Fees Include: Street Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Grayson Development
- Exterior Const.: Spray Foam Insulation, Aluminum Siding, Wood Frame
- Roof: Composition
- Windows: Low-Emissivity Windows, Dual Pane, Vinyl Frame
- Sq. Ft. Source: Builder
- Year Built: 2024
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,063
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Desert Front, Dirt Back
Financial Considerations
- Association Fee: $330
- Assoc Fee Freq.: Annually
- Tax Amount: $454
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 304-61-098
- Range: 10E
- Section: 2
- Lot Number: 98
Listed by Four Peaks Property Management LLC
Get Pre-Approved Today
Schools
Schools serving 1906 E Rainbow Trail
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 2.9 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 2.9 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 1906 E Rainbow Trail
Date
Details
Price
Change
Source
6/20/2026
Listed
$589,000
17.56%
MLS
11/04/2025
Sold
$501,000
—
Public Record
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 1906 E Rainbow Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
$471
4%
$44,487
1056%
2024
$454
3%
$3,848
-70%
2023
$439
3%
$12,746
11%
2022
$426
6%
$11,514
20%
2021
$400
4%
$9,607
2%
2020
$384
—
$9,449
100%
2020
$384
9%
-100%
2018
$351
7%
$6,613
54%
2017
$327
2%
$4,304
35%
2016
$320
2%
$3,198
-11%
2015
$314
2%
$3,598
-16%
2013
$307
—
$4,264
78%
2013
$307
—
$2,400
—
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 1906 E Rainbow Trail
1906 E Rainbow Trail, Payson, AZ 85541 (MLS# 7044498) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1906 E Rainbow Trail is currently listed for $589,000 and was received on June 20, 2026. Want to learn more about 1906 E Rainbow Trail? Do you have questions about finding other Single Family real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

