● For sale

$749,000

199 S GREYSTONE Circle, Payson, AZ 85541

PONDEROSA SPRINGS UNIT 5 · Gila County

4 beds 3 baths 3,334 sqft 1.17 acres Built 1994 $225 /sqft No HOA
274 days on market | 975 views | 69 saves

What's special

  • Mountain(s) views
  • Waterfront
  • Fireplace
  • 2-car garage
  • Horses allowed

Description

Don't Miss This Mountain Retreat! Back on market no fault of the home!! Tucked away in the pines yet only 30 minutes from downtown Payson, this stunning 3-story, 5 bedroom, 2.5 bath home is your ticket to escape the valley heat and embrace mountain living. Whether you're looking for a family getaway, a full-time residence, or a turnkey Airbnb investment, this property delivers comfort, space, and incredible lifestyle potential A home built for memories. The main floor offers a spacious primary suite with a cozy fireplace, while vaulted ceilings and a wall of windows flood the living room with natural light and serene forest views. Upstairs you'll find a roomy loft with its own bedroom and full bath, while the finished walkout basement provides two more bedrooms, a half bath. Space for Everyone and Everything!! PRIVATE SOLELY OWNED WELL! An oversized garage gives you room for all your toys, and above it, an additional guest suite currently serves as a recreational game room. The kitchen features warm cabinetry, stainless appliances, and plenty of space to gather-imagine making breakfast and stepping out onto the deck to enjoy coffee overlooking the trees. Multiple fireplaces, flexible living areas, and over 3,300 square feet ensure comfort for everyone. Upgrades, Acreage, and Opportunity. Sitting on 1.17 acres sloping gently to a creek, this home shines with brand-new updates: exterior paint, new flooring, rebuilt patio/deck, septic pump, and well pump (2024). Past upgrades include a new roof, catwalk, AC addition, and expanded bedrooms and baths. Pride of ownership is clear, and the potential is limitless, move right in, rent it out, or take it to the next level with your dream remodel. This home won't last- relaxation, adventure, and unforgettable memories await! Don't let your dream mountain cabin retreat slip away... book your private tour today and step into forest serenity. Your oasis among the pines awaits, come experience it firsthand! SELLER CARRYBACK SELLER FINANCING AVAILABLE

Property details

Interior

Bedrooms

  • Bedrooms: 4
  • Total Rooms: 4

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1

Interior Features

  • Full Bth Master Bdrm
  • High Speed Internet
  • Vaulted Ceiling(s)
  • Furnished(See Rmrks)
  • Flooring: Carpet, Laminate
  • Window Features: Dual Pane, Skylight(s)

Appliances

  • Dishwasher
  • Disposal
  • Refrigerator
  • Microwave
  • Gas Oven
  • Gas Range
  • Washer
  • Dryer
  • Laundry Features: Inside

Heating and Cooling

  • Cooling Features: Ceiling Fan(s), Central Air, Other
  • Heating Features: Propane
  • Fireplace: Yes
  • Fireplace Features: Living Room, Master Bedroom, Gas

Other Interior

  • Stories: 3
  • Basement: Walk-Out Access, Full
Exterior

Exterior and Lot Features

  • Balcony
  • Other
  • Patio and Porch Features: Patio, Covered Patio(s)

Land Info

  • Waterfront Lot
  • Street(s) Not Paved
  • Adjacent to Wash
  • Dirt Front
  • Dirt Back
  • Grass Back
  • Lot Size Acres: 1.17
  • Lot Size Square Feet: 51,115

Garage and Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Parking Features: Extended Length Garage, Detached, Garage Door Opener

Home Features

  • View: Mountain(s)
  • Waterfront: Yes
  • Horse Property: Yes
Community

Homeowners Association

  • Association: No
  • Association Fee Includes: No Fees

Neighborhood

  • Subdivision: PONDEROSA SPRINGS UNIT 5
Listing

Other Property Info

  • Annual Tax Amount: $5,089
  • Source Listing Status: Active
  • County: Gila
  • Directions: • From Payson, head East on AZ-260. • Continue for 24 miles, then turn right onto E Colcord Rd. • Continue 5.4 miles on Colcord, then turn right onto S Morris Meadows. • Drive 600 ft, then turn left onto E Fossil Way. • Continue 0.2 miles — property is on the left at 199 Greystone Cir.
  • Property Subtype: Single Family Residence
  • Parcel Number: 303-17-046
  • Postal City: Payson
  • Listing Date: 8/31/2025
  • MLS#: 6913179
Features

Building and Construction

  • Total Square Feet Living: 3,334
  • Year Built: 1994
  • Property Age: 32
  • Architectural Style: Contemporary
  • Construction Materials: Block, Wood Frame, Painted, Wood Siding
  • Roof: Composition
  • Stories: 3
  • Living Area Source: Assessor

Utilities

  • Sewer: Septic-In & Connected
  • Water Source: Private Well
  • Propane

Contact Us

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Listed by Brooke Casady HomeSmart

Listing updated: June 1, 2026

MLS#: 6913179

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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