488 Homestead Lane

Closed 9/25/25
Closed 9/25/25
488 P55
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Sold
Last Sold Price
$925,000
3 beds2 baths2,732 sqft
488 Homestead Ln, Payson, AZ 85541
Single FamilyProperty Type
0.45 acresLot Size
2001Year Built
$339/sq ftPrice per sq ft
$1,565/yrHOA Fees
2 carsParking Spaces

Description

Welcome to one of the Crown Jewels of Hunter Creek Ranch — a luxurious 3-bedroom, 3-bath cabin perched on the highest elevated lot in this coveted gated community near Payson, AZ. Spanning over 2,700 sq. ft. and nestled on nearly half an acre that borders The Tonto National Forest, this mountain retreat offers unmatched privacy, panoramic views, and timeless craftsmanship. Step inside to discover soaring wood ceilings with artistic angles, rich wood floors, and expansive windows that frame the forested...Welcome to one of the Crown Jewels of Hunter Creek Ranch — a luxurious 3-bedroom, 3-bath cabin perched on the highest elevated lot in this coveted gated community near Payson, AZ. Spanning over 2,700 sq. ft. and nestled on nearly half an acre that borders The Tonto National Forest, this mountain retreat offers unmatched privacy, panoramic views, and timeless craftsmanship. Step inside to discover soaring wood ceilings with artistic angles, rich wood floors, and expansive windows that frame the forested beauty of Christopher Mountain. The open-concept great room flows seamlessly into a gourmet kitchen and spacious dining area — perfect for entertaining or quiet evenings by the beautiful fireplace. Each bedroom is a sanctuary, with the primary suite, offering spacious comfort and direct ... access to the BIG 680 sq. ft view deck and hot-tub area to "soak in" the stunning beauty of nature's surroundings. There is also an intriguing, hidden wall, game room inside just waiting to be discovered. The owner has upgraded many features to include a newer kitchen refrigerator, appliances and a freshly painted exterior. Plan your "Great Escape" today! Hunter Creek Ranch is truly an enchanting, gated community amid the tall pines. It is surrounded by pristine National Forest land, and it features winding paved roads, underground utilities, an excellent water source, a community sewer system and beautiful custom homes on large lots that are strategically separated to provide a feeling of seclusion and privacy throughout. There are numerous nearby hiking trails, mountain streams and seven picturesque Rim Country lakes. Don't Delay! Elevate your Escape today in the heart of Arizona's Majestic "Rim Country" (P. S. The annual HOA fee includes sewer, water, and road maintenance! Also, most furnishings, tools, a nearly new and fully loaded Polaris XP General and other items are available by separate agreements).
  • Listed by: Robert G Linkey 928.468.6810 robertlinkey@realtyexecutives.com Brokerage DRE #LC640973018 • Realty Executives Arizona Territory
Listing closed: 09/25/2025 12:00 AM • Source: ARMLS, MLS#: 6904601

Recent comparable sales

Median sold price

$865,000

Avg days on market

71

Sale-to-list ratio

95.4%

Payson, AZ

9 comparable properties found

$955,000 | 294 Homestead Lane, Payson, AZ 85541
1/46
1

$955,000

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3
Bedrooms
3
Bathrooms
2,697
Square Feet
0.45
Acres

294 Homestead Lane, Payson, AZ 85541

a front view of a house with garden and trees
1/40
2

$650,000

Sold 01/27/25

3
Bedrooms
2
Bathrooms
1,828
Square Feet
0.49
Acres

1277 South Hunter Creek Drive, Payson, AZ 85541

a front view of a house with garden
1/44
3

$1,175,000

Sold 12/05/24

2
Bedrooms
2
Bathrooms
2,677
Square Feet
2.85
Acres

834 West Brook Crossing, Payson, AZ 85541

$835,500 | 138 Wild Rose Drive, Payson, AZ 85541
1/39
4

$835,500

Sold 05/27/26

3
Bedrooms
3
Bathrooms
2,039
Square Feet
0.64
Acres

138 Wild Rose Drive, Payson, AZ 85541

a front view of a house with a yard
1/64
5

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Sold 08/20/25

3
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2
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Square Feet
0.88
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1206 West Random Way, Payson, AZ 85541

a view of a street with chairs
1/57
6

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2519 East Scarlet Bugler Circle, Payson, AZ 85541

$823,000 | 1023 North Scenic Drive, Payson, AZ 85541
1/6
7

$823,000

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2
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2,453
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0.38
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1023 North Scenic Drive, Payson, AZ 85541

a view of a house with street
1/30
8

$950,000

Sold 06/29/26

4
Bedrooms
3
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3,000
Square Feet
0.70
Acres

194 Louie Circle, Payson, AZ 85541

$876,750 | 199 Wild Cat Circle, Payson, AZ 85541
1/40
9

$876,750

Sold 11/04/24

4
Bedrooms
3
Bathrooms
2,500
Square Feet
0.44
Acres

199 Wild Cat Circle, Payson, AZ 85541

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Location

Listing Courtesy of Realty Executives Arizona Territory

Sold By Realty Executives Arizona Territory

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$5,354 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,780

Property Taxes

$444

HOA Dues

$130

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Property Information for 488 Homestead Lane

Property Details
  • Taxes: $5,328 / year
  • MLS Type: Residential / Single Family Residence
  • County: Gila County
  • Subdivision Name: HUNTER CREEK RANCH
  • View: Mountain(s)
  • View YN: Yes
Building Information
  • Stories: 2
  • Year Built: 2001
  • Lot Size: 0.45 AC / 19,653 SF
Summary
Location and General Information
  • Unparsed Address: 488 W HOMESTEAD Lane, Payson, AZ 85541
  • City: Payson
  • Coordinates: -111.017956, 34.305247
  • Country: US
  • County Or Parish: Gila
  • Directions: Take Hwy 260 East from Payson to Christopher Creek Loop (Approx. 23 Miles) Take Christopher Creek Loop to Hunter Creek Dr and proceed through the gate to Homestead Lane. Turn right and go 1/2 mile to second sign on right.
  • Latitude: 34.305247
  • Longitude: -111.017956
  • Postal City: Payson
  • Postal Code: 85541
  • Postal Code Plus4: 6486
  • State Or Province: AZ
  • Street Suffix: Lane
  • Year Built: 2,001
Taxes and HOA
  • Assocsp Rules Infoco Petssp OK splparen Seesp Rmrks rparen: Yes
  • Association Fee: $1,565.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds, Street Maint
  • Association Name: Hunter Creek Ranch
  • Association Phone: 509-481-0031
  • Association YN: Yes
  • Tax Annual Amount: $5,328.00
  • Tax Book Number: 303.00
  • Tax Legal Description: LOT 56 LOT 56, INCLUDING
  • Tax Lot: 56
  • Tax Map Number: 7.00
  • Tax Parcel Letter: A
  • Tax Year: 2,024
Parking
  • Carport Spaces: 0
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 0
School Information
  • Elementary School: Payson Elementary School
  • Elementary School District: Payson Unified District
  • High School: Payson High School
  • High School District: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School
Property
Lot Information
  • Building Area Total: 2,732
  • Building Area Units: Square Feet
  • Living Area: 2732.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.45
  • Lot Size Area: 19653.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 19653.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Propertysp Descriptionco Hillsidesp Lot: Yes
  • Propertysp Descriptionco North Southsp Exposure: Yes
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Documents Change Timestamp: 08-11-2025 10:16:22 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 30307058A
  • Property Attached YN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Road Responsibility: Private Maintained Road
Utilities
  • Electric On Property YN: Yes
  • Sewer: Private Sewer
  • Utilities: Propane
  • Water Source: Pvt Water Company
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • Fencing: None
  • Horse YN: No
  • Pool Private YN: No
  • Roof: Composition
  • Stories Total: 2
Interior Features
  • Bathrooms Total Decimal: 2.0
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Multiplesp Ovens: Yes
  • Kitchensp Featuresco Range Ovensp Elec: Yes
  • Basement: Walk-Out Access
  • Bathrooms Total Integer: 2
  • Bedrooms Possible: 6
  • Bedrooms Total: 3
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling YN: Yes
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace YN: Yes
  • Flooring: Carpet, Tile, Wood
  • Heating: Propane
  • Heating YN: Yes
  • Interior Features: Double Vanity, Full Bth Master Bdrm
  • Spa Features: Above Ground, Private
  • Number of Interior Levels: 2.0
Room Information
Room Information
  • Mastersp Bedroomco Split: Yes
  • Othersp Roomsco Bonus Gamesp Room: Yes
  • Othersp Roomsco Loft: Yes
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 488 Homestead Lane

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Sold

ARMLS #6904601

$925,000—
Sep 23, 2025

Sold (Public Record)

Public Record #1914300837

$925,000

+8.9% / yr

Sep 1, 2025

In Contract

ARMLS #6904601

—
DateEvent & SourcePrice
09/25/2025

Sold

ARMLS #6904601

$925,000
09/23/2025

Sold (Public Record)

Public Record #1914300837

$925,000

+8.9% / yr

09/01/2025

In Contract

ARMLS #6904601

—

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

Public Records for 488 Homestead Lane

Taxable ValueLand$8,866Additions$122,672Total$131,538
Tax Record2025$5,414 ($451 / month)
Home Facts
Beds0Total Finished SqFt2,732 SqFtAbove Grade Finished SqFt2,732 SqFtStories2Lot Size19,602 SqFtStyleMiscellaneous ResidentialCountyGILAAPN303-07-058A

Schools near 488 Homestead Lane

This home is within Payson Unified District.
Rating
School
Type
Grades
Distance
Payson Elementary School
Public - K to 2
Julia Randall Elementary School
Public - 2 to 5
Rim Country Middle School
Public - 6 to 8
Payson High School
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: 488 Homestead Lane, Payson, AZ 85541
$925,000
3
2
2,732
19,653
520 Homestead Lane, Payson, AZ 85541
$472,500
–
–
1,886
20,038
462 Homestead Lane, Payson, AZ 85541
$1,070,000
4
4
4,818
19,516
549 Homestead Lane, Payson, AZ 85541
$535,000
–
–
2,297
27,443
70 Homestead Lane, Unit 70, Payson, AZ 85541
$77,500
–
–
–
20,989
440 Homestead Lane, Payson, AZ 85541
$650,000
3
2
2,391
19,513

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Listing Courtesy of Realty Executives Arizona Territory

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.