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● For sale

$480,000

249 Old Hwy 188, Tonto Basin, AZ 85553

Tonto Basin · Gila County

1.01 acres Built 1986 No HOA

417 days on market

Description

Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.

Property details

Interior

Bathrooms

Total Bathrooms: 0
Full Bathrooms: 0

Heating and Cooling

Cooling Features: Central, Evaporative
Heating Features: Propane

Exterior

Exterior and Lot Features

View of Mountains

Land Info

Lot Size Acres: 1.01
Lot Size Square Feet: 43,995.6
Lot Size Dimensions: irregular

Garage and Parking

Attached Garage: No

Community

Neighborhood

Subdivision: Tonto Basin
MLS Area: Tonto Basin

Listing

Other Property Info

Annual Tax Amount: $4,486
Source Listing Status: Active
County: Gila
Directions: From Beeline Highway AZ-87: Turn onto AZ-188 S. drive 13.4 mi. Turn left onto Old Hwy 188. Property is about a 1/4 mile on the left
Property Subtype: Business & Real Estate
Parcel Number: 201-07-004
Zoning: Mixed Use Comm
Postal City: Tonto Basin
Listing Date: 4/7/2025
On Market Date: 3/27/2026
MLS#: 91971

Features

Building and Construction

Year Built: 1986
Property Age: 40
Construction Materials: Block, Wood Frame

Utilities

Electricity Available
Septic Tank Installed
Private Well

Contact Us

Ask a question or schedule a showing

Listed by Geoffrey W Adams Realty ONE Group

geoff‌@‌agentcollective.com

Listing updated: May 9, 2026

MLS#: 91971

Listing information is provided by the Central Arizona Association of REALTORS® MLS. 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.

Under the long-established policy of this association, the broker's compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and his or her client. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended, or maintained by any person other than the listing broker.