518 N Colcord Road, Payson, AZ 85541 - Photo 1

1/1

$348,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
0.27 Acres

1/1

Property Description

Versatile Payson Property with Guest Studio, NO HOA & .27 Acre Lot. Rare opportunity to own a flexible property featuring a 2 bedroom, 1 bath main home (1,080 sq ft) plus a 400 sq ft studio space setup for extra living, has a full bath and kitchen area -- possible rental income, multigenerational living, home office, or small business use. Main home was updated in the early 80's. The main residence offers comfortable living space with room for a dedicated office or bonus area, making it ideal for remote work or hobby space. The detached studio (ADU-style setup) provides excellent privacy and income potential with its own kitchen and full bathroom. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped landscaping that is beautifully manicured and easy to care for. Located with convenient access to parks, grocery stores, restaurants, and local amenities, this property combines flexibility, functionality, and investment potential -- all with NO HOA restrictions.

Full Property Details

Full Property Details for 518 N Colcord Rd

General

Sold For: $348,000
Taxes: $1,389 (2025)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6986430
Added to Site: 59 day(s) ago

Interior

Interior Features: Master Downstairs, Eat-in Kitchen, Full Bth Master Bdrm
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Wood Burning, Living Room
Appliances: Dryer, Washer, Refrigerator, Dishwasher, Gas Range, Gas Oven
Flooring: Carpet, Linoleum

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Exterior

Exterior Features: Storage

Location

County: Gila
Township: 11N
Subdivision: PAYSON NORTH 1
Cross Streets: Hwy 87 North

Community

Assoc. Fees Include: No Fees

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ceiling Fan(s), Evaporative Cooling
Heating Type: Electric, Propane

Utilities

Water: City Water
Utility Description: Propane

Structural Information

Architectural Style: Cabin, Ranch,
Exterior Const.: Wood Siding, Wood Frame
Roof: Composition, Metal
Sq. Ft. Source: Assessor
Year Built: 1970

Additional Structures

Other Structures: Shed(s), Separate Guest House

Lot Features

Property View: Trees/Woods
Lot Size (Acres): 0.27
Lot Size (Sq. Ft.): 11,647
Lot Size Source: Assessor
Lot Features: Dirt Front
Fencing (Description): Chain Link

Financial Considerations

Tax Amount: $1,389
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 139, PAYSON NORTH UNIT ONE, PLAT 373, ALG WITH POR BEG SW COR LOT 139; TH N0D01 FT W, 70.0 FT ;
Property ID: 302-64-139
Range: 10E
Section: 34
Lot Number: 139

Listed and Sold by Real Broker

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Schools

Schools serving 518 N Colcord Rd

School District:Payson Unified District

Name	Grades	Distance
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541	3-5	1.4 mi
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541	7-12	1.4 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 518 N Colcord Rd

Date

Details

Price

Change

Source

3/12/2026

Sold

$348,000

-3.04%

MLS

2/18/2026

Listed

$358,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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518 N Colcord Road, Payson, AZ 85541 (MLS# 6986430) is a Single Family property that was sold at $348,000 on March 12, 2026. Want to learn more about 518 N Colcord Road? 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.

518 N Colcord Rd Payson, AZ 85541