This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$407,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
*NOW LISTED $26,000 BELOW APPRAISAL!* Nestled on the outskirts of Payson, this cozy cabin offers the ideal blend of rustic charm & modern convenience. Surrounded by scenic beauty & wildlife, all while having access to amazing amenities & outdoor recreation. This upgraded mountain home has been thoughtfully remodeled for comfort & style. Highlights include a new $40k Septic System in '24, new HVAC in '21, & full remodel. The kitchen has been transformed w/ stunning granite counters & a convenient coffee bar. New wood laminate flooring, paint, & trim provide a cozy feel. The fully upgraded bathroom offers contemporary finishes, with three large Bedrooms D/S. The finished attic provides a large 2nd family room & 4th sleeping area/bedroom! Ask about an option to add a 2nd Bath! Keep Reading: Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab). **If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!
Full Property Details
Full Property Details for 510 N Possum
General
- Sold For: $407,000
- HOA FEE: $20/month
- HOA FEE FREQ.: Annually
- Taxes: $2,610 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6817517
- Added to Site: 343 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Master Downstairs, Eat-in Kitchen, Furnished (See Remarks)
- Fireplace: Yes
- Fireplace(s): 1 Fireplace, Family Room
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Storage
Location
- County: Gila
- Township: 11.5N
- Subdivision: Beaver Valley
- Cross Streets: HWY 260 & Houston Mesa Rd.
Community
- Association: Yes
- Assoc. Name: Beaver Valley HOA
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric, Ceiling
Utilities
- Water: Pvt Water Company
Structural Information
- Architectural Style: Other,
- Exterior Const.: Wood Frame, Painted
- Roof: Composition
- Sq. Ft. Source: Appraiser
- Year Built: 2001
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Lot Features: Gravel/Stone Front, Gravel/Stone Back
- Fencing (Description): Block, Chain Link, Partial
Financial Considerations
- Association Fee: $240
- Assoc Fee Freq.: Annually
- Tax Amount: $2,610
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 302-17-162-B
- Range: 10E
- Section: 35
- Lot Number: 96
Listed by HomeSmart
Sold by Forest Properties Inc
Get Pre-Approved Today
Schools
Schools serving 510 N Possum
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Payson Elementary School 500 East Rancho Road, Payson, AZ 85541 | K-2 | 5.7 mi |
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 7.9 mi |
Rim Country Middle School 304 South Meadow Street, Payson, AZ 85541 | 6-8 | 7.4 mi |
Payson High School 301 North McLane Road, Payson, AZ 85541 | 9-12 | 7.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 510 N Possum
Date
Details
Price
Change
Source
9/25/2025
Sold
$407,000
—
MLS
7/04/2025
Price Reduced
$407,000
-0.49%
MLS
6/27/2025
Price Reduced
$409,000
-5.52%
MLS
5/16/2025
Price Increased
$432,900
3.32%
MLS
4/04/2025
Price Reduced
$419,000
-1.41%
MLS
3/07/2025
Price Reduced
$425,000
-1.62%
MLS
2/07/2025
Listed
$432,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
510 N Possum, Payson, AZ 85541 (MLS# 6817517) is a Single Family property that was sold at $407,000 on September 25, 2025. Want to learn more about 510 N Possum? 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.

