Last Sold Price
18,838 Lot Size0.43 Acres
402 S Rainbow Ridge, Unit 275, Payson, AZ 85541

Description

This is your chance to own one of the premier lots in The Rim Golf Club. This .43 acre lot sits on the 18th green and adjacent lake. Stunning panoramic views of the Stewart Mountains, Monument Peak and the Tonto National Forest. Property has a HUGE multi story boulder on one side and another cropping of large boulders on the other as well as a grove of Aspen trees. The lot sits across from the prestigious Rim Golf Club Clubhouse and is just down the road from the fitness center and spa. Don't miss...This is your chance to own one of the premier lots in The Rim Golf Club. This .43 acre lot sits on the 18th green and adjacent lake. Stunning panoramic views of the Stewart Mountains, Monument Peak and the Tonto National Forest. Property has a HUGE multi story boulder on one side and another cropping of large boulders on the other as well as a grove of Aspen trees. The lot sits across from the prestigious Rim Golf Club Clubhouse and is just down the road from the fitness center and spa. Don't miss this opportunity to build an exquisite home on this stunning lot! Guard gated and patrolled community and also a firewised community. Community features a clubhouse, fitness center, tennis, pickleball, pool and spa plus access to the Chaparral Pines amenities.
LISTING CLOSED: 08/05/2025 12:00 AM

  1. Listed by April G. Hughes • Brokerage DRE #CO626815000 • Hughes Realty & Investments
    P: (602) 620-2809 C: (602) 620-2809 amurray311@gmail.com

Property Details for 402 South Rainbow Ridge, Unit 275

Status
MLS #
6851023
Days on Market
116
Taxes
$650 / year
HOA Fees
$3,100 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.43 AC
Subdivision Name
RIM GOLF CLUB PHASE 1
View
Mountain(s), Panoramic, Lake, Golf Course
View YN
Yes
Zoning
Residential

Recent comparable sales

Median sold price

$117,000

Avg days on market

197

Sale-to-list ratio

84.2%

Payson, AZ

9 comparable properties found

$105,000 | 211 South Crescent Moon, Unit 308, Payson, AZ 85541
1/19
1

$105,000

Sold 10/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.41
Acres
$122,500 | 903 South Monument Valley Drive, Unit 163, Payson, AZ 85541
1/8
2

$122,500

Sold 09/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.00
Acres
$122,500 | 903 South Monument Valley Drive, Payson, AZ 85541
1/8
3

$122,500

Sold 09/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
$95,000 | 115 South Crescent Moon, Unit 303, Payson, AZ 85541
1/10
4

$95,000

Sold 08/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.54
Acres
a view of a lush green hillside and houses
1/13
5

$117,000

Sold 12/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.11
Acres
$120,000 | 402 South Decision Pne Pine, Unit 2, Payson, AZ 85541
1/12
6

$120,000

Sold 11/14/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.12
Acres
$118,000 | 509 North Grapevine Drive, Unit 436, Payson, AZ 85541
1/10
7

$118,000

Sold 07/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
$90,000 | 2902 East Hanging Rock, Unit 196, Payson, AZ 85541
1/2
8

$90,000

Sold 10/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.40
Acres
a view of a lake with a tree
1/14
9

$94,000

Sold 01/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres

Location

Listing Courtesy of Hughes Realty & Investments

Sold By Hughes Realty & Investments

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Building Information for 402 South Rainbow Ridge, Unit 275

Lot Size0.43 AC

Payment Calculator

$872 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$54

HOA Dues

$258

The Payment Calculator is for illustrative purposes only.

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Property Information for 402 South Rainbow Ridge, Unit 275

Summary
Location and General Information
  • Unparsed Address: 402 S RAINBOW Ridge, 275, Payson, AZ 85541
  • City: Payson
  • Coordinates: -111.276515, 34.24578
  • Country: US
  • County Or Parish: Gila
  • Cross Street: Rim Club Drive and Highway 260
  • Directions: Hwy 260 to Rim Club Drive. Enter through guard gate
  • Latitude: 34.24578
  • Longitude: -111.276515
  • Postal City: Payson
  • Postal Code: 85541
  • Postal Code Plus4: 6070
  • State Or Province: AZ
  • Street Suffix: Ridge
Taxes and HOA
  • Association Fee: $775.00
  • Association Fee Frequency: Quarterly
  • Association Name: Rim Cub HOA
  • Association Phone: 928-474-4809
  • Association YN: Yes
  • Tax Annual Amount: $650.00
  • Tax Book Number: 302.00
  • Tax Legal Description: LOT 275 RIM GOLF CLUB PHASE 1
  • Tax Lot: 275
  • Tax Map Number: 43.00
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2,024
Parking
  • Garage YN: No
School Information
  • Elementary School District: Payson Unified District
  • High School: Payson High School
  • High School District: Payson Unified District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Features: Waterfront, Golf Course Lot, Golf Course Subd, Gated Community, Guarded Entry
  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 18838.0
  • Lot Size Units: Acres
Property and Assessments
  • Development Status: Raw Land
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 04-13-2025 11:53:49 AM
  • Documents Count: 0
  • Parcel Number: 30243275
  • Property Type: Land
  • Public Survey Range: 10E
  • Public Survey Section: 01
  • Public Survey Township: 10N
Utilities
  • Distance To Electric Comments: On Property
  • Distance To Gas Comments: On Property
  • Distance To Phone Service Comments: On Property
  • Distance To Sewer Comments: On Property
  • Distance To Water Comments: On Property
  • Electric: APS
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Horse YN: No
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0

Property History for 402 South Rainbow Ridge, Unit 275

DateEvent & SourcePriceAppreciation
Aug 5, 2025

Sold

ARMLS #6851023

$110,000
Jun 22, 2025

In Contract

ARMLS #6851023

Jun 22, 2025

Pending

ARMLS #6851023

DateEvent & SourcePrice
08/05/2025

Sold

ARMLS #6851023

$110,000
06/22/2025

In Contract

ARMLS #6851023

06/22/2025

Pending

ARMLS #6851023

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 402 South Rainbow Ridge, Unit 275

This home is within Payson Unified District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Payson Elementary School
PublicK to 2

Julia Randall Elementary School
Public2 to 5

Rim Country Middle School
Public6 to 8

Payson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 402 South Rainbow Ridge, Unit 275, Payson, AZ 85541
$110,000
18,838
$110,000
18,731
$487,500
14,375
$115,000
14,375
19,602
$1,199,000
3
2
2,935
19,602

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Hughes Realty & Investments

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.