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$799,000 Just Listed
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Property Description
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home situated on 1 acre in the highly sought-after Round Valley neighborhood of Payson. As you arrive, you'll be greeted by a charming fenced courtyard, an ideal space to relax and enjoy Payson's wonderful four-season weather. Inside, you'll find durable concrete flooring throughout, complemented by granite countertops in both the kitchen and bathrooms. The kitchen features stainless steel appliances and plenty of workspace for cooking and entertaining. The spacious primary suite offers a walk-in closet with custom shelving and a beautiful walk-in shower. Both guest bedrooms are equipped with Murphy beds, providing flexibility for guests, hobbies, or a home office. Step outside to a backyard designed for both enjoyment and functionality. This horse property offers ample room for animals, recreation, RV parking, or future projects. Unwind after a long day in the salt water hot tub while taking in the peaceful surroundings. A fully fenced grass area provides a perfect place for pets or outdoor gatherings. Additional features include a greenhouse, a charming old barnwood shed, and a separate storage shed for all your tools and equipment. Car enthusiasts and hobbyists will appreciate the impressive 4-car drive-through garage, complete with attic storage above, offering abundant space for vehicles, toys, and extra storage. This exceptional property combines country living with modern comforts, all within one of Payson's most desirable neighborhoods.
Full Property Details
Full Property Details for 873 W Colt Ln
General
- Price: $799,000
- Taxes: $2,332 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7046247
- Updated: 6/24/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Granite Counters, Double Vanity, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Pellet Stove
- Appliances: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Attached Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage
Location
- County: Gila
- Township: 10N
- Subdivision: Round Valley
- Cross Streets: Gibson Ranch & Hwy 87
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Water: Private Well
- Well: Yes
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Wood Siding, Wood Frame, Painted
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 2003
Additional Structures
- Other Structures: Greenhouse, Workshop, Shed(s)
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size Source: Assessor
- Frontage: Dirt
- Lot Features: Rural, Dirt Back, Gravel/Stone Front
Horse Property
- Horse Property: Yes
Green Features
- Water Conservation: Recirculation Pump
Financial Considerations
- Tax Amount: $2,332
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: SECTION: 22 TOWNSHIP: 10N RANGE: 10E PARCEL
- Property ID: 304-22-088-A
- Range: 10E
- Lot Number: B1
Listed by My Home Group Real Estate
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Schools
Schools serving 873 W Colt Ln
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 2.4 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 2.4 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 873 W Colt Ln
Date
Details
Price
Change
Source
6/24/2026
Listed
$799,000
28.87%
MLS
5/22/2024
Sold
$620,000
—
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 873 W Colt Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,549
9%
$45,908
107%
2024
$2,332
4%
$22,188
-48%
2023
$2,248
4%
$42,414
31%
2022
$2,170
-3%
$32,492
70%
2021
$2,246
-2%
$19,167
—
2020
$2,301
—
$19,167
100%
2020
$2,301
4%
-100%
2018
$2,212
5%
$21,603
14%
2017
$2,105
-1%
$19,033
10%
2016
$2,135
9%
$17,379
—
2015
$1,964
-5%
$17,353
5%
2013
$2,059
—
$16,515
3%
2013
$2,059
—
$16,000
—
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 873 W Colt Ln
873 W Colt Lane, Payson, AZ 85541 (MLS# 7046247) is a Single Family property with 3 bedrooms and 2 full bathrooms. 873 W Colt Lane is currently listed for $799,000 and was received on June 24, 2026. Want to learn more about 873 W Colt 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.

