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$900,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1.84 Acres
  • 2 Car Garage
  • Updated 20 hours ago
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Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort. The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience. Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.

Full Property Details for 401 S Bassett Ln

General

  • Price: $900,000
  • Taxes: $2,164 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7074357
  • Updated: 9/1/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Double Vanity, Breakfast Bar, 3/4 Bath Master Bdrm
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning, Living Room
  • Appliances: Dryer, Washer, Refrigerator, Dishwasher, Electric Range
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Storage

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: RV Access/Parking

Location

  • County: Gila
  • Township: 10N
  • Subdivision: EARL RUSSELL
  • Cross Streets: Miller Rd & Bassett Ln

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Propane

Utilities

  • Water: Private Well
  • Well: Yes
  • Utility Description: Propane

Structural Information

  • Exterior Const.: Wood Siding, Wood Frame
  • Roof: Metal
  • Sq. Ft. Source: Assessor
  • Year Built: 1967

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 1.84
  • Lot Size (Sq. Ft.): 80,179
  • Lot Size Source: Assessor
  • Lot Features: Dirt Front, Dirt Back

Horse Property

  • Horse Property: Yes

Green Features

  • Water Conservation: Tankless Ht Wtr Heat

Financial Considerations

  • Tax Amount: $2,164
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: SECTION: 03 TOWNSHIP: 10N RANGE: 10E NORTH 2/3 OF SOUTH 385.908' LOT 16, EARL RUSSELL SUBDIVISION, P
  • Property ID: 304-04-223
  • Range: 10E
  • Lot Number: 16

Listed by Southwest Mountain Realty, LLC

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Listing agent

— 401 S Bassett Ln —

  • Southwest Mountain Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 S Bassett Ln

School District:Payson Unified District
NameGradesDistance
Julia Randall Elementary School
902 West Main Street, Payson, AZ 85541
3-52 mi
Payson Center for Success - Online
902 West Main Street, Payson, AZ 85541
7-122 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 401 S Bassett Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Listed
$900,000
190.32%
MLS
9/13/2019
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
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 for 401 S Bassett Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,250
4%
$40,422
92%
2024
$2,164
4%
$21,078
-44%
2023
$2,090
3%
$37,521
20%
2022
$2,020
6%
$31,317
17%
2021
$1,899
5%
$26,798
—
2020
$1,817
—
$26,798
100%
2020
$1,817
10%
-100%
2018
$1,652
7%
$25,151
38%
2017
$1,537
3%
$18,265
11%
2016
$1,493
6%
$16,413
—
2015
$1,402
-18%
$16,409
27%
2013
$1,708
—
$12,940
—
View All
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 for 401 S Bassett Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Southwest Mountain Realty, LLC

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401 S Bassett Lane, Payson, AZ 85541 (MLS# 7074357) is a Single Family property with 3 bedrooms and 1 full bathroom. 401 S Bassett Lane is currently listed for $900,000 and was received on September 01, 2026. Want to learn more about 401 S Bassett Lane? 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.

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