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$799,999
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Property Description
Don't Miss This Mountain Retreat! Tucked away in the pines yet only 30 minutes from downtown Payson, this stunning 3-story, 5 bedroom, 2.5 bath home is your ticket to escape the valley heat and embrace mountain living. Whether you're looking for a family getaway, a full-time residence, or a turnkey Airbnb investment, this property delivers comfort, space, and incredible lifestyle potential A home built for memories. The main floor offers a spacious primary suite with a cozy fireplace, while vaulted ceilings and a wall of windows flood the living room with natural light and serene forest views. Upstairs you'll find a roomy loft with its own bedroom and full bath, while the finished walkout basement provides two more bedrooms, a half bath, and a private balcony ideal for guests or family Space for Everyone and Everything!! PRIVATE SOLELY OWNED WELL! An oversized garage gives you room for all your toys, and above it, an additional guest suite currently serves as a recreational game room. The kitchen features warm cabinetry, stainless appliances, and plenty of space to gather-imagine making breakfast and stepping out onto the deck to enjoy coffee overlooking the trees. Multiple fireplaces, flexible living areas, and over 3,300 square feet ensure comfort for everyone. Upgrades, Acreage, and Opportunity. Sitting on 1.17 acres sloping gently to a creek, this home shines with brand-new updates: exterior paint, new flooring, rebuilt patio/deck, septic pump, and well pump (2024). Past upgrades include a new roof, catwalk, AC addition, and expanded bedrooms and baths. Pride of ownership is clear, and the potential is limitless, move right in, rent it out, or take it to the next level with your dream remodel. This home won't last- relaxation, adventure, and unforgettable memories await! Don't let your dream mountain cabin retreat slip away... book your private tour today and step into forest serenity. Your oasis among the pines awaits, come experience it firsthand! SELLER CARRYBACK SELLER FINANCING AVAILABLE
Full Property Details
Full Property Details for 199 S Greystone Circle
General
- Price: $799,999
- Taxes: $5,089 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6913179
- Updated: 11/22/2025
- Added to Site: 138 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: High Speed Internet, Furnished (See Remarks), Vaulted Ceiling(s), Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Master Bedroom, Gas
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Other, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Extended Length Garage, Detached
Location
- County: Gila
- Township: 10
- Subdivision: PONDEROSA SPRINGS UNIT 5
- Cross Streets: Morris Meadows
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Other
- Heating Type: Propane
Utilities
- Water: Private Well
- Well: Yes
- Utility Description: Propane
Structural Information
- Architectural Style: Contemporary,
- Builder: UNK
- Exterior Const.: Wood Siding, Wood Frame, Painted, Block
- Roof: Composition
- Windows: Skylight(s), Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1994
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.17
- Lot Size (Sq. Ft.): 51,115
- Lot Size Source: Assessor
- Lot Features: Adjacent to Wash, Street(s) Not Paved, Waterfront Lot, Dirt Front, Dirt Back, Grass Back
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: See Remarks
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $5,089
- Tax Year: 2024
- Terms: Owner May Carry, Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 46 PONDEROSA SPRINGS UNIT 5
- Property ID: 303-17-046
- Range: 14E
- Section: 27
- Lot Number: 46
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Price & Sales History for 199 S Greystone Circle
Date
Details
Price
Change
Source
9/26/2025
Price Reduced
$799,999
-5.87%
MLS
8/31/2025
Listed
$849,900
255.61%
MLS
3/08/2012
Sold
$239,000
—
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 199 S Greystone Circle
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,365
7%
$59,335
64%
2024
$5,019
5%
$36,086
-35%
2023
$4,791
8%
$55,177
58%
2022
$4,435
-4%
$34,887
—
2021
$4,598
5%
$35,049
—
2020
$4,384
—
$35,049
100%
2020
$4,384
9%
-100%
2018
$4,013
4%
$28,983
13%
2017
$3,866
-4%
$25,646
5%
2016
$4,042
3%
$24,433
-8%
2015
$3,906
10%
$26,484
-6%
2013
$3,567
—
$28,229
18%
2013
$3,567
—
$23,900
—
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 199 S Greystone Circle
199 S Greystone Circle, Payson, AZ 85541 (MLS# 6913179) is a Single Family property with 4 bedrooms and 2 full bathrooms. 199 S Greystone Circle is currently listed for $799,999 and was received on August 31, 2025. Want to learn more about 199 S Greystone Circle? 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.

