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Listed by Ann Adams · Brokered by Ann Adams And Associates Realty, LLC

● For sale

$474,900

1248 S RUNNING ELK Road 88, Payson, AZ 85541

COLCORD MOUNTAIN HOMESITES · Gila County

2.35 acres No HOA
23 days on market

What's special

  • Trees/Woods views
  • Horses allowed
  • No HOA

Description

RARE 2.37-ACRE IMPROVED MOUNTAIN HOMESITE! Discover a truly unique opportunity at 1248 S Running Elk Road, situated at approximately 6,000 feet in elevation and overlooking a beautiful canyon in Arizona's spectacular Rim Country. Approximately 2 acres are fenced, with additional land extending west beyond the ravine, creating an appealing combination of usable space, privacy, views and natural mountain terrain. The lot is GU (General Unclassified) zoned with NO HOA, offering flexibility for rural residential and agricultural uses and possibilities such as a custom home, horses, animals, gardening and accessory structures, subject to Gila County requirements. This is much more than vacant land. Significant improvements and infrastructure are already on site, including TWO WORKING WELLS, TWO ELECTRICAL SOURCES--one underground and one overhead--and a WORKING SEPTIC SYSTEM DESIGNED TO SERVE A FUTURE 3-BEDROOM, 2-BATH HOME. An established orchard with apple, pear, peach and plum trees adds to the property's character, and raspberries have also been grown here in the past. Previous residential structures have been removed, leaving a cleared site and an exciting opportunity to create something new. A 40-FOOT SHIPPING CONTAINER offering substantial secure storage conveys with the property. Toward the lower portion of the parcel is covered parking with a large covered work area, providing valuable space for equipment, projects and recreational vehicles. A fifth-wheel RV is currently located on the property but does not convey with the sale. HOUSE PLANS AND BUILDING CONCEPTS ARE AVAILABLE TO SHARE WITH INTERESTED BUYERS. A separate residential listing is also available in conjunction with a builder who can help place your dream home on this land, offering buyers the opportunity to explore a new-build option and create a home designed to take advantage of this special setting. Imagine owning a brand-new home surrounded by the natural beauty of Rim Country, with the land and much of the essential infrastructure already in place. The property may also offer potential for a future vacation rental, second home or full-time mountain residence, subject to applicable Gila County requirements. Surrounded by tall pines, mountain scenery and the beauty of Arizona's Rim Country, this special property offers privacy, room to breathe and an opportunity to create a one-of-a-kind mountain lifestyle near the recreational opportunities of the Mogollon Rim. Bring your vision and make this unique piece of Rim Country your own. Buyer to independently verify elevation, septic capacity/design, zoning, building requirements, utilities, builder/new-construction options, vacation-rental use, intended uses and all material facts.

Listing updated: October 5, 2026

Listed by:

Ann Adams ann‌@‌annadamsrealty.com, Ann Adams And Associates Realty, LLC

Source: Arizona Regional Multiple Listing Service, MLS#: 7079676

Property details

Exterior

Exterior and Lot Features

  • Fencing: Security

Land Info

  • Lot Size Acres: 2.35
  • Lot Size Square Feet: 102,232
  • Lot Size Dimensions: 2.37 acres

Home Features

  • View: Trees/Woods
  • Horse Property: Yes
Community

Homeowners Association

  • Association: No

Neighborhood

  • Subdivision: COLCORD MOUNTAIN HOMESITES
Listing

Other Property Info

  • Annual Tax Amount: $3,391
  • Source Listing Status: Active
  • County: Gila
  • Directions: Hwy260 to MM 277.3, Colcord Rd South 3.4 miles paved road plus 0.8 miles dirt to Colcord Estates. Right on Running Elk, Stay Right at Y. 1.1 miles to end and green gate, & our sign.
  • Parcel Number: 303-19-092-A
  • Zoning: GU
  • Postal City: Payson
  • Listing Date: 9/12/2026
  • On Market Date: 10/5/2026
  • MLS#: 7079676
Features

Utilities

  • Sewer: Septic-In & Connectd
  • Water Source: Domestic

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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 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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