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$475,000
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Property Description
Welcome to this beautifully designed 3-bedroom, 2-bath custom home featuring a spacious split floor plan that perfectly balances privacy, comfort, and entertaining. The open and inviting layout is highlighted by vaulted ceilings, abundant natural light, and two extra-large patio doors that open to a covered patio and fully fenced backyard. The generously sized primary suite offers a custom walk-in closet and a beautifully appointed bathroom featuring exquisite tile work. The additional bedrooms provide plenty of space for family, guests, an office, or hobbies. Outside, you'll find a fully fenced backyard, RV parking with an electric hookup, and a versatile 10' x 16' insulated bonus building featuring R-16 soundproof insulation-- perfect for a she shed, man cave, hobby room, workshop, or private retreat. The oversized garage provides ample room for vehicles, recreational toys, storage, or just about anything else you need to bring along for your Arizona lifestyle. Located in beautiful Payson, this exceptional home offers the perfect combination of thoughtful custom details, functional living space, and outdoor versatility. Don't miss the opportunity to make this stunning home your own--schedule your showing today!
Full Property Details
Full Property Details for 506 E Wade Ln
General
- Price: $475,000
- Taxes: $2,391 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7067726
- Updated: 8/17/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Storage, RV Hookup
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, RV Access/Parking, Garage Door Opener
Location
- County: Gila
- Subdivision: Payson Southeast, Mogollon Rim Add P5
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air, Mini Split
- Heating Type: Heat Pump, Forced Air, Mini Split
Utilities
- Water: City Water
- Utility Description: Phone Available
Structural Information
- Architectural Style: Ranch,
- Builder: Cerna
- Exterior Const.: Wood Siding, Wood Frame
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 2020
Additional Structures
- Other Structures: Workshop, Shed(s), Separate Guest House
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Natural Desert Front
Financial Considerations
- Tax Amount: $2,391
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 304-04-076
- Lot Number: 30
Listed by BHHS Advantage Realty - Payson
Get Pre-Approved Today
Schools
Schools serving 506 E Wade Ln
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 1.6 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 1.6 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 506 E Wade Ln
Date
Details
Price
Change
Source
8/17/2026
Listed
$475,000
46.2%
MLS
8/21/2020
Sold
$324,900
—
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 506 E Wade Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,391
4%
$44,705
100%
2024
$2,300
4%
$22,398
-47%
2023
$2,220
3%
$42,377
18%
2022
$2,146
6%
$35,892
51%
2021
$2,018
72%
$23,692
—
2020
$1,172
—
$23,692
100%
2020
$1,172
10%
-100%
2018
$1,062
7%
$12,713
23%
2017
$988
1%
$10,316
12%
2016
$976
6%
$9,201
3%
2015
$922
-4%
$8,921
5%
2013
$961
—
$8,532
—
2013
$961
—
$8,497
—
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 506 E Wade Ln
506 E Wade Lane, Payson, AZ 85541 (MLS# 7067726) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 E Wade Lane is currently listed for $475,000 and was received on August 17, 2026. Want to learn more about 506 E Wade 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.

