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$780,000 Just Listed
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Property Description
Beautifully finished and thoughtfully designed, this spacious custom home in Payson offers a large living space with 6 bedrooms plus a bonus room/office, 4.5 bathrooms, and a fully finished basement. Built in 2018 on a .27-acre lot, the home features 9-ft ceilings throughout with soaring 11-ft ceilings in the main living area, a cozy gas fireplace with built-ins, and a luxurious master suite with walk-in shower and oversized closet. The fully finished basement includes an impressive entertainment area with surround sound, kitchenette, finished cold storage room, and a soundproofed ceiling system for added privacy. A private 900 sq ft basement apartment with separate entrance, full kitchen, and spacious his-and-hers closets currently generates $1,300/month in rental income, with excellent long-term tenant potential. Additional upgrades include dual 50-gallon water heaters, water softener, separate HVAC temperature controls for basement and main floor, EV-ready insulated 2-car garage, and multiple 6-ft soaker tubs. Outside, enjoy fully finished landscaping, privacy vinyl fencing, a powered 15x15 shop/shed, and a newly built Trex deck with custom timber-frame pergola engineered for hot tub support and ready for installation.
Full Property Details
Full Property Details for 332 S 500 W
General
- Price: $780,000
- Taxes: $3,115
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2158114
- Updated: 5/14/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Accessory Apt, Bar: Dry, Basement Apartment, Bath: Primary, Closet: Walk-In, Den/Office, Disposal, Floor Drains, Gas Log, Great Room, Kitchen: Second, Mother-in-Law Apt., Oven: Gas, Range/Oven: Free Stdng., Granite Countertops, Theater Room, Video Door Bell(s), Smart Thermostat(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Ceiling Fan, Microwave, Refrigerator, Water Softener Owned
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- 3/4 Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
- Primary Bedroom: Floor: 1st
Other Rooms
- Laundry: Electric Dryer Hookup
Additional Information
- Equipment: Storage Shed(s), Window Coverings
Exterior
- Exterior Features: Basement Entrance, Double Pane Windows, Out Buildings, Lighting, Skylights
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
Location
- Area: Payson; Elk Rg; Salem; Wdhil
- County: Utah
- Cross Streets: 500
School Information
- Elem School District: Nebo
- Midd School District: Nebo
- High School District: Nebo
- Elementary School: Wilson
- Middle School: Payson Jr
- High School: Payson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary, Irrigation: Pressure
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Rambler/Ranch
- Construction: Stone, Cement Siding
- Exterior Const.: Stone, Cement Siding
- Basement Desc.: Entrance
- Roof: Asphalt
- Windows: Blinds, Drapes
- Stories/Levels: 2
- Square Feet: 4,112
- Living Area: 4,112 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 2018
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Size: .27
- Landscape: Landscaping: Full, Mature Trees, Vegetable Garden
- Topography: Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Part
- Lot Features: Curb & Gutter, Fenced: Full, Road: Paved, Secluded, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Part
- Trees/Vegetation: Landscaping: Full, Mature Trees, Vegetable Garden
- Zoning: RES
Financial Considerations
- Tax Amount: $3,115
- Terms: Cash, Conventional, Exchange, VA Loan, USDA Rural Development
Disclosures and Reports
- Exclusions: Dryer, Freezer, Gas Grill/BBQ, Hot Tub, Swing Set, Washer, Trampoline
- Inclusions: Ceiling Fan, Microwave, Range, Refrigerator, Storage Shed(s), Water Softener: Own, Window Coverings, Smart Thermostat(s)
- Property ID: 53-566-0002
Listed by Ameritrue Real Estate & Management Pllc
Get Pre-Approved Today
Schools
Schools serving 332 S 500 W
School District:Nebo School District
| Name | Grades | Distance |
|---|---|---|
Wilson School, Payson, UT 590 West 500 South, Payson, UT 84651 | PK-5 | 0.2 mi |
Mt. Nebo Middle 851 West 450 South, Payson, UT 84651 | 6-7 | 0.4 mi |
Payson High School 1050 South Main Street, Payson, UT 84651 | 10-12 | 0.8 mi |
Payson Jr High School 1025 S Highway 198, Payson, UT 84651 | 8-9 | 0.8 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 332 S 500 W
Date
Details
Price
Change
Source
5/14/2026
Listed
$780,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 332 S 500 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,115
10%
$569,500
98%
2024
$2,829
-2%
$287,925
-2%
2023
$2,886
21%
$294,470
-23%
2021
$2,386
-18%
$384,100
32%
2022
$2,900
22%
$291,060
-18%
2021
$2,386
20%
$353,300
99%
2019
$1,995
—
$177,155
—
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 332 S 500 W
332 S 500 W, Payson, UT 84651 (MLS# 2158114) is a Single Family property with 6 bedrooms, 3 full bathrooms and 2 partial bathrooms. 332 S 500 W is currently listed for $780,000 and was received on May 14, 2026. Want to learn more about 332 S 500 W? 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.

