Listed by Juliet Saladino · Brokered by SOUTHWEST MOUNTAIN REALTY, LLC

● For sale

$900,000

401 S Bassett Lane, Payson, AZ 85541

Russell Subdiv & Addit · Gila County

3 beds 2 baths 1,800 sqft 1.95 acres Built 1967 $500 /sqft No HOA
Listed 17hrs ago

What's special

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

Description

Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort. The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience. Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.

Listing updated: July 26, 2026

Listed by:

Juliet Saladino Saladino.Juliet‌@‌gmail.com, SOUTHWEST MOUNTAIN REALTY, LLC

Source: Central Arizona Association of REALTORS®, MLS#: 94403

Property details

Interior

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Interior Features

  • Master Main Floor
  • No Interior Steps
  • Living-Dining Combo
  • Flooring: Laminate, Tile, Concrete
  • Window Features: Double Pane Windows

Appliances

  • Laundry Features: Dryer, Washer, Utility Room

Heating and Cooling

  • Cooling Features: Electric Refrig.
  • Heating Features: Propane
  • Fireplace: Yes
  • Fireplace Features: Living Room
Exterior

Exterior and Lot Features

  • Patio
  • Storage/Utility Shed
  • Patio and Porch Features: Covered
  • Fencing: Chain Link

Land Info

  • Many Trees
  • Tall Pines on Lot
  • Lot Size Acres: 1.95
  • Lot Size Square Feet: 84,942
  • Lot Size Dimensions: 258'x313'x257'x310'

Garage and Parking

  • Garage Spaces: 2
  • Carport Spaces: 1
  • Attached Garage: No
  • Parking Features: Detached, RV Access/Parking, Covered RV Parking, Garage & Carport

Home Features

  • View: Panoramic, Mountain(s)
  • Horse Property: Yes
Community

Neighborhood

  • Subdivision: Russell Subdiv & Addit
  • MLS Area: Payson Southeast
Listing

Other Property Info

  • Annual Tax Amount: $2,250
  • Source Listing Status: Active
  • County: Gila
  • Directions: From the intersection of Hwy 87 (Beeline Hwy) and Hwy 260 head East on Hwy 260. Turn right on Granite Dells Rd. Turn right on Mud Springs Rd. Right on Miller Rd. Turn left on Bassett Ln. Follow down to 401 S Bassett Ln on the left. Open gate and follow through to the houe.
  • Property Subtype: Site Built
  • Parcel Number: 304-04-223
  • Zoning: Residential
  • Postal City: Payson
  • Listing Date: 7/25/2026
  • On Market Date: 7/26/2026
  • MLS#: 94403
Features

Building and Construction

  • Total Square Feet Living: 1,800
  • Year Built: 1967
  • Property Age: 59
  • Architectural Style: Single Level, Ranch
  • Construction Materials: Wood Frame, Wood Siding
  • Roof: Metal

Utilities

  • Water Source: In Payson City Limits
  • Sewer Connected
  • Cable TV/Satellite
  • Internet Hook Up
  • Propane
  • Electricity Available
  • Phone Available
  • Trash
  • Underground Utilities

Contact Us

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Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Central Arizona Association of REALTORS®. 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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