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$448,000
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Property Description
Welcome to your own mountain retreat, where timeless chalet charm meets modern comfort! Nestled on a beautifully wooded 0.30-acre lot, this inviting chalet-style home has been thoughtfully remodeled while preserving the warmth and character that make mountain living so special. Step inside to soaring knotty pine tongue-and-groove ceilings, dramatic open beam architecture, and a stunning wall of windows that fills the home with natural light. The remodeled main floor features a gorgeous new kitchen with custom lighting, beautifully updated bathrooms, fresh interior paint, and a cozy fireplace perfect for relaxing after a day in the pines. Enjoy outdoor living on the huge deck with a brand-new railing, ideal for entertaining or simply soaking in the peaceful surroundings. Downstairs offers new windows and an expansive open basement with endless possibilities for a game room, home theater, workshop, or additional living space, while the spacious loft overlooks the great room and provides the perfect flex space for guests, an office, or reading area. Recent improvements include a new roof, new water heater, newer mini-splits for heating and cooling systems, and plenty of parking for family, friends, or recreational toys. Combining rustic mountain charm with modern updates, this beautifully maintained home offers the perfect full-time residence, weekend getaway, or vacation rental opportunity in a serene wooded setting.
Full Property Details
Full Property Details for 517 E Timber Dr
General
- Price: $448,000
- Taxes: $1,934 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7048947
- Updated: 7/1/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: High Speed Internet, Upstairs, Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning, Living Room
- Appliances: Dryer, Washer, Refrigerator
- Flooring: Carpet, Laminate, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Circular Driveway
Location
- County: Gila
- Township: 11N
- Subdivision: PAYSON NORTH 5
- Cross Streets: N Manzanita Dr, E Timber Dr
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Other, Floor Furnace, Wall Furnace
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other,
- Exterior Const.: Brick Veneer, Wood Frame, Block
- Roof: Composition
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1977
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,045
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Hillside Lot, Natural Desert Back, Natural Desert Front
Financial Considerations
- Tax Amount: $1,934
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOTS 241 & 242 OF PAYSON NORTH UNIT FIVE PLAT 480, AND A PORTION OF TRACT
- Property ID: 302-70-241-C
- Range: 10E
- Section: 34
- Lot Number: 241
Listed by Real Broker
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Schools
Schools serving 517 E Timber Dr
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 2 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 2 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 517 E Timber Dr
Date
Details
Price
Change
Source
7/01/2026
Listed
$448,000
26.2%
MLS
9/14/2023
Sold
$355,000
—
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 517 E Timber Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,010
4%
$31,850
69%
2024
$1,934
-10%
$18,831
-41%
2023
$2,149
3%
$32,158
17%
2022
$2,083
6%
$27,387
44%
2021
$1,956
4%
$18,971
—
2020
$1,879
—
$18,971
100%
2020
$1,879
9%
-100%
2018
$1,716
7%
$17,339
10%
2017
$1,600
2%
$15,734
5%
2016
$1,567
9%
$14,978
4%
2015
$1,443
-3%
$14,412
11%
2013
$1,495
—
$12,968
18%
2013
$1,495
—
$11,010
—
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 517 E Timber Dr
517 E Timber Drive, Payson, AZ 85541 (MLS# 7048947) is a Single Family property with 3 bedrooms and 2 full bathrooms. 517 E Timber Drive is currently listed for $448,000 and was received on July 01, 2026. Want to learn more about 517 E Timber Drive? 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.

