Listed by Kathy A Justesen · Brokered by HomeSmart Pros

1 of 52

● For sale Price cut: $20,000 (8/29)

$659,000

Est. $4,193/mo

1111 S Elk Ridge Drive, Payson, AZ 85541

Elk Ridge Sub · Gila County

3 beds 3 baths 2,304 sqft 0.18 acres Built 2001 $286 /sqft HOA $3/mobilled $32/yr

152 days on market | 511 views | 21 saves

What's special

Panoramic views
3-car garage

Description

PRICE IMPROVEMENT TO $659,000 + $10,000 SELLER CONCESSION TO BUYER!Panoramic Mogollon Rim & Mazatzal Mountain Views! Perched beautifully in the desirable Elk Ridge subdivision, this pristine, custom-built 2,304 sq. ft. home captures stunning vistas of the mountains and Green Valley Park.Sit out on the balcony and enjoy the beautiful sunset, or the the Town of Payson's yearly fireworks show without leaving home on the 4th of July! Featuring a spacious 3-bedroom, 3-bathroom split-level floor plan, the home opens into a vaulted great room flooded with natural light through specialized low-E bronze-tinted windows. The high-end finishes continue into the master suite, showcasing a luxury custom snail shower equipped with a Moen vertical spa system. Car enthusiasts and hobbyists will fall in love with the massive 3-car garage, complete with a built-in mechanic's car pit and lift. Plus tons of storage area in 6'crawlspace with entry from garage, The exterior is designed for easy, low-maintenance mountain living with fire-resistant Cemplank concrete-board siding, premium Trex decking, and a fully fenced backyard with desert landscaping. Complete with mechanical Rolla-Shield sun shutters, a tankless water heater, and massive under-house storage, this home perfectly balances luxury upgrades with practical mountain design.

Listing updated: November 5, 2026

Also listed on: CAAR(MLS# 94198)ARMLS(MLS# 7041096)

Listed by:

Kathy A Justesen Heartoftherimrealtor‌@‌gmail.com, HomeSmart Pros

Source: Central Arizona Association of REALTORS®, MLS#: 94198

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Property details

Interior

Bedrooms

Bedrooms: 3

Bathrooms

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

Interior Features

Pantry
Breakfast Bar
Vaulted Ceiling(s)
Primary Downstairs
Flooring: Carpet, Laminate, Wood
Window Features: Double Pane Windows

Appliances

Microwave
Garbage Disposal
Dishwasher
Refrigerator
Electric Range
Built in Microwave
Dryer
Washer
Laundry Features: In Hall, Utility Room

Heating and Cooling

Cooling Features: Central Air, Ceiling Fan(s)
Heating Features: Forced Air, Propane

Other Interior

Levels: Multi/Split, Multi-Level

Exterior

Exterior and Lot Features

Patio and Porch Features: Patio, Porch, Covered Porch, Covered Deck, Deck
Fencing: Wood

Land Info

Many Trees
Tall Pines on Lot
Hill Top
Lot Size Acres: 0.18
Lot Size Square Feet: 7,840.8
Lot Size Dimensions: 80'X100'X72'X100'

Garage and Parking

Garage Spaces: 3
Attached Garage: Yes
Parking Features: Garage Door Opener, Attached, Garage, No Carport

Home Features

View: Panoramic, Mountain(s), Town

Community

Homeowners Association

Association: Yes
Association Fee: $32
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: $3

Neighborhood

Subdivision: Elk Ridge Sub
MLS Area: Payson Southeast

Listing

Other Property Info

Annual Tax Amount: $4,130
Source Listing Status: Active
County: Gila
Directions: From Highway 87 go Right on Main St Take a right on South Ponderosa St and go left on E Phoenix Street turn right on S Elk Ridge Dr to home on the left sign in front of home.
Property Subtype: Site Built
Parcel Number: 304-57-050
Zoning: R1-8
Postal City: Payson
Listing Date: 6/12/2026
On Market Date: 6/12/2026
MLS#: 94198

Features

Building and Construction

Total Square Feet Living: 2,304
Year Built: 2001
Property Age: 25
Architectural Style: Split Level
Construction Materials: Wood Frame, HardiPlank Type
Roof: Asphalt Shingle
Levels: Multi/Split, Multi-Level

Utilities

Water Source: In Payson City Limits
Sewer Connected
Cable Available
Propane
Electricity Available
Town of Payson Water
Trash

Monthly payment

$4,193/month

Principal and interest $3,571
Property taxes from the listing $344
Home insurance estimated $275
HOA from the listing $3

Home price $ Down payment % · $131,800 Loan term Interest rate % Home insurance $/mo

An estimate only, not a loan offer or rate quote. Starting rates are Freddie Mac's weekly national averages (Nov 5, 2026) and aren't an APR. Your rate and costs depend on your credit and lender. Property taxes often change after a sale, and insurance varies by home, especially in wildfire areas.

Price history

Date	Event	Price	$/sqft
Aug 29, 2026	Price decreased Source: CAAR #94198 · ARMLS #7041096	$659,000 -$20,000 (-2.9%)	$286/sqft
Jun 12, 2026	Listed for sale Source: CAAR #94198 · ARMLS #7041096	–

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Teri Meacham

REALTOR® with West USA Realty · 25+ years in the High Country · 500+ homes sold

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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.