How much do waterfront properties cost in Payson, AZ?

The median list price of waterfront properties for sale in Payson, AZ is $749,000, or $497 per square foot. Over the last 12 months, homes in Payson, AZ sold for a median of $430,000.

How much do you need to make to afford waterfront properties in Payson, AZ?

Roughly $198,000 a year at the median list price of $749,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $4,621 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.

Is Payson, AZ a buyer's or seller's market?

Payson, AZ is a balanced market for homes right now, leaning toward buyers. There are 5.9 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.5% of the asking price, and 1% of homes for sale have had a price cut.

Do homes in Payson, AZ sell above or below asking price?

Mostly below asking. Homes in Payson, AZ sold for a median of 97.5% of the final list price over the last 12 months, and 8% of recent sales closed above list.

How fast are homes selling in Payson, AZ?

Homes that sold in Payson, AZ over the last 6 months went under contract in a median of 39 days. Waterfront properties for sale now have been listed for a median of 197 days.

Are home prices in Payson, AZ going up or down?

Down 2.5%. Homes that sold in Payson, AZ in the last 6 months went for a median of $278 per square foot, compared with $285 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.

How many waterfront properties are for sale in Payson, AZ right now?

There are 20 listings of waterfront properties in Payson, AZ: 15 for sale and 5 pending or under contract.

Is it a good time to sell a home in Payson, AZ?

Payson, AZ is balanced, with 5.9 months of homes for sale: buyers have choices, so homes priced from recent sales sell best. Recent sales went under contract in a median of 39 days at 97.5% of list.

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Payson, AZ Waterfront Homes and Land for Sale

20 homes and lots in Payson the listing agent marked as waterfront, such as lake or creek frontage. Ask us to confirm the frontage and any water access on the one you like.

20 listings

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Price cut: $45,000 (11/7)

House for sale

$750,000

3 bds | 2 ba | 1,443 sqft | 0.44 acres

Waterfront • Panoramic views • No HOA

285 Box Elder, Payson, AZ 85541

West USA Realty - Happy Jack 1

Pending

Land for sale

$150,000

0.6 acres | $250,000/acre

Waterfront • Mountain views • Electric available

170 E Green Apple Lane, Payson, AZ 85541

ARIZONA RESOURCE REALTY

Pending

House for sale

$4,500,000

7 bds | 4 ba | 3,400 sqft | 4.58 acres

Waterfront • Mountain views • Horses allowed

2097 N FSR 289, Payson, AZ 85541

Present Properties

2 bed house at 695 S MEADOW Lane, Payson

Pending

House for sale

$550,000

2 bds | 1 ba | 862 sqft | 0.15 acres

Waterfront • Mountain views • No HOA

695 S MEADOW Lane, Payson, AZ 85541

Real Broker

4 bed house at 1802 E Senna Point, Payson

Pending

House for sale

$2,275,000

4 bds | 5 ba | 3,572 sqft | 0.8 acres

Waterfront • Panoramic views • 3-car garage

1802 E Senna Point, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

House for sale

$495,000

3 bds | 2 ba | 1,160 sqft | 0.17 acres

Waterfront • Creek view • Fireplace

951 W VERDE Road, Payson, AZ 85541

LPT Realty, LLC

2 bed house at 650 W Columbine Road, Payson

Price cut: $50,000 (8/28)

House for sale

$748,000

2 bds | 2 ba | 1,008 sqft | 0.22 acres

Waterfront • Wooded views • No HOA

650 W Columbine Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

4 bed house at 461 W Scott Drive, Payson

Price cut: $10,000 (10/1)

House for sale

$639,500

4 bds | 3 ba | 2,304 sqft | 0.6 acres

Waterfront • Wooded views • No HOA

461 W Scott Drive, Payson, AZ 85541

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

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6 bed house at 4678 N BEAR FLAT Road, Payson

Price cut: $55,000 (10/6)

House for sale

$1,695,000

6 bds | 4 ba | 4,378 sqft | 1.73 acres

Waterfront • Mountain views • Horses allowed

4678 N BEAR FLAT Road, Payson, AZ 85541

eXp Realty

80 days on market

Land for sale

$750,000

6.09 acres | $123,153/acre

Waterfront • Panoramic views • Electric available

Parcel A ROS 5516, Payson, AZ 85541

ARIZONA RESOURCE REALTY

4 bed house at 199 S GREYSTONE Circle, Payson

Price cut: $50,000 (9/17)

House for sale

$699,000

4 bds | 3 ba | 3,334 sqft | 1.17 acres

Waterfront • Mountain views • Horses allowed

199 S GREYSTONE Circle, Payson, AZ 85541

HomeSmart

Price cut: $5,000 (9/12)

Land for sale

$70,000

0.19 acres | $368,421/acre

Waterfront • Electric available

1122 S Sycamore Circle, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

4 bed house at 1004 N Scenic Drive, Payson

Price cut: $5,000 (8/26)

House for sale

$1,690,000

4 bds | 5 ba | 3,279 sqft | 0.52 acres

Waterfront • New construction • Golf course view

1004 N Scenic Drive, Payson, AZ 85541

West USA Realty

103 days on market

Land for sale

$199,000

0.94 acres | $211,702/acre

Waterfront • Water service

618 N Redbud Circle 877, Payson, AZ 85541

DeLex Realty

4 bed house at 415 E RIM ESTATES Trail, Payson

257 days on market

House for sale

$1,349,900

4 bds | 3 ba | 2,701 sqft | 3.42 acres

Waterfront • Mountain views • Horses allowed

415 E RIM ESTATES Trail, Payson, AZ 85541

Realty One Group

2 bed house at 259 W Mary Patricia Drive, Payson

127 days on market

House for sale

$475,000

2 bds | 2 ba | 960 sqft | 0.35 acres

Waterfront • Mountain views

259 W Mary Patricia Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

4 bed house at 1703 E Redbud Court, Payson

199 days on market

House for sale

$1,885,000

4 bds | 5 ba | 3,609 sqft | 0.99 acres

Waterfront • New construction • Panoramic views

1703 E Redbud Court, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

Land at 1417 W Paint Pony Drive B, Payson

1337 days on market

Land for sale

$449,900

3.72 acres | $120,941/acre

Waterfront • Well • Horses allowed

1417 W Paint Pony Drive B, Payson, AZ 85541

Cornerstone Real Estate Group

Pending

Land for sale

$199,000

0.99 acres | $201,010/acre

Waterfront • Panoramic views • Electric available

1703 E Redbud Court, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

Land at 144 HUNTER CREEK Drive 144, Payson

325 days on market

Land for sale

$129,000

0.39 acres | $330,769/acre

Waterfront • Lake view

144 HUNTER CREEK Drive 144, Payson, AZ 85541

Redeem Realty & Management, Inc

Listing data provided by 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. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Listing data provided by 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.

Listing data provided by White Mountain 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. All information is deemed reliable but not guaranteed accurate by the White Mountain Association of REALTORS® Copyright 2026 White Mountain Association of REALTORS® All rights reserved.

Payson real estate market questions

How much do waterfront properties cost in Payson, AZ?: The median list price of waterfront properties for sale in Payson, AZ is $749,000, or $497 per square foot. Over the last 12 months, homes in Payson, AZ sold for a median of $430,000.
How much do you need to make to afford waterfront properties in Payson, AZ?: Roughly $198,000 a year at the median list price of $749,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $4,621 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.
Is Payson, AZ a buyer's or seller's market?: Payson, AZ is a balanced market for homes right now, leaning toward buyers. There are 5.9 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.5% of the asking price, and 1% of homes for sale have had a price cut.
Do homes in Payson, AZ sell above or below asking price?: Mostly below asking. Homes in Payson, AZ sold for a median of 97.5% of the final list price over the last 12 months, and 8% of recent sales closed above list.
How fast are homes selling in Payson, AZ?: Homes that sold in Payson, AZ over the last 6 months went under contract in a median of 39 days. Waterfront properties for sale now have been listed for a median of 197 days.
Are home prices in Payson, AZ going up or down?: Down 2.5%. Homes that sold in Payson, AZ in the last 6 months went for a median of $278 per square foot, compared with $285 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.
How many waterfront properties are for sale in Payson, AZ right now?: There are 20 listings of waterfront properties in Payson, AZ: 15 for sale and 5 pending or under contract.
Is it a good time to sell a home in Payson, AZ?: Payson, AZ is balanced, with 5.9 months of homes for sale: buyers have choices, so homes priced from recent sales sell best. Recent sales went under contract in a median of 39 days at 97.5% of list. See what your Payson home is worth →

From MLS listings and sales, updated every 30 minutes. Last updated Nov 7, 2026.

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