1906 E Rainbow Trail

Payson, AZ
$ 554,000 Beds 3 Baths 2.5 Sq 2,025
Monthly Estimate* How much can I afford?

Escape the Valley heat and discover your mountain retreat in beautiful Payson! Just 75 minutes from the Phoenix metro area, this updated home offers an incredible opportunity to own in one of Rim Country's most desirable neighborhoods for under $600,000. Surrounded by stunning custom and luxury homes, this property delivers exceptional value and a lifestyle that's hard to match. Inside, you'll find luxury flooring, beautiful white shaker cabinetry, quality finishes, and tasteful upgrades throughout, creating a warm and inviting space you'll be proud to make home. Enjoy cool mountain temperatures, towering pine trees, and peaceful summer evenings while being less than 7 minutes from the prestigious Chaparral Pines and Rim Golf Clubs. Everyday conveniences, including Safeway, shopping, dining, banking, and fuel, are all just minutes away. Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.

Active

  • Price
  • $ 554,000
  • City
  • Payson
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GILA
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.19 Acres
  • Zip
  • 85541
  • Sqr Footage
  • 2,025
  • Year Built
  • 2024
  • Taxes
  • $ 454
  • Style
  • Residential
  • MLS#
  • 7044498
Listed By: Four Peaks Property Management LLC; 480-203-4348
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Electric
Cooling Central Air,Ceiling Fan(s)
Possession Close Of Escrow
Roof Composition
HOA Fee 330.0
Garage Spaces 2.0
Association Fee Includes Street Maint
Construction Materials Spray Foam Insulation,Aluminum Siding,Wood Frame
Year Built 2024
View Mountain(s)
Township 10N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Annually
County Gila
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name Highlands at the Rim
Special Listing Conditions N/A
Status Active
High School Payson High School
City Payson
Disclosures Agency Discl Req
Association Name Highlands at the Rim
High School District Payson Unified District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 8063.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Payson Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 454.0
Home Warranty Y/N No
Middle/Junior High School Rim Country Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name Grayson Development
Standard Status Active
Occupancy Type Vacant
Elementary School District Payson Unified District
Tax Lot 98
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 27.5
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Granite Counters,Double Vanity,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Kitchen Island,3/4 Bath Master Bdrm
Flooring Other
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Low-Emissivity Windows,Dual Pane,Vinyl Frame
Fireplace Y/N No
Laundry Features Inside,Wshr/Dry HookUp Only
Total Bedrooms 3
LivingAreaSource Builder
Total Baths 3
Bedrooms Possible 3
Built-in Microwave True
Kitchen Island True

Exterior Features

Exterior Amenities Balcony
Fencing None
Parking Features Garage Door Opener
Lot Features North/South Exposure,Desert Front,Dirt Back
Water Source Public
Lot Size Area 8063.0
Spa No
Lot Size Acres 0.19
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tempe, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Payson Elementary School
Middle School Rim Country Middle School
High School Payson High School

Price History

6/20/2026 Listed $589,000
7/17/2026 1% - $588,000
7/31/2026 1% - $585,000
8/8/2026 1% - $582,000
8/14/2026 1% - $579,000
8/21/2026 1% - $574,000
9/4/2026 1% - $569,000
9/11/2026 1% - $564,000
9/17/2026 2% - $554,000

Property vs Zip Code Average in 85541

Price
AVG $860K
$550K
Taxes
AVG $3,396
$454
Year Built
AVG 1996
2024
Visits
AVG 134
201
Data Provided by Inside Real Estate®

Areas That We Cover

1906 E Rainbow Trail Payson, AZ is a Single Family Home for sale at $554000 with 2025 sqft and a lot size of 0.19 Acres Acre(s). 1906 E Rainbow Trail Payson has 3 bedrooms, 2 baths and was built in 2024. The property's zip code is 85541 which is in Payson, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.