401 S Bassett Lane, Payson, AZ 85541 (MLS# 94403)

Overview

Description

Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort. The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience. Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable re ... (Read more)

Location, Tax & Legal

Street #: 401
Direction: S
Street Name: Bassett
Suffix: Lane
State: AZ
Zip Code: 85541
Area: Payson Southeast
Sub Code: Russell Subdiv & Addit
County: Gila
Lot #: 16
Zoning: Residential
Taxes: 2250.08
Tax Year: 2025
Assessor's Book #: 304
Assessors Map #: 04
Assessor's Parcel #: 223
APN #: 304-04-223
HOA: No
Legal Description: Section: 03 Township: 10N Range: 10E North 2/3 Of South 385.908' Lot 16 , Earl Russell Subdivision , Plat 73Ne1/4 Sec 3 T10n R10e = 1.94 Ac

Contract Information

Property Sub-Type: Site Built
List Price/SqFt: 500
List Type: Exclusive ARS
Foreclosure: No

General Property Description

Acres: 1.95
Lot Dimensions: 258'x313'x257'x310'
Total Bathrooms: 2
Baths - Full: Yes
Baths - 3/4: Yes
Apx SqFt: 1800
Apx SqFt Range: 1751 - 2000
Source of SqFt: Owner
Year Built: 1967
Garage Capacity: 2
Carport Capacity: Yes
Waterfront: No
Horses: Yes
Fireplace/Stove: Yes
View: Yes

To Show

Showing Service Name: Broker Bay
Text/Call Listing Agent: Yes

Status Change Info

Sold Price/SqFt: 0

Location

In Payson City Limits: Yes

More Information

Remarks & Misc

Directions: From the intersection of Hwy 87 (Beeline Hwy) and Hwy 260 head East on Hwy 260. Turn right on Granite Dells Rd. Turn right on Mud Springs Rd. Right on Miller Rd. Turn left on Bassett Ln. Follow down to 401 S Bassett Ln on the left. Open gate and follow through to the houe.
Public Remarks: Rare opportunity to own one of Payson's premier in-town acreage properties! Situated on one of the largest flat, usable parcels you'll find within town limits, this beautifully updated home offers the perfect combination of space, privacy, and convenience. Since its last purchase, the home has undergone extensive updates, including the addition of energy-efficient mini-split heating and cooling systems for year-round comfort. The fully fenced property features a private well, chicken coop, and ample room for gardening, animals, RV parking, workshops, or simply enjoying your own private retreat. Located just minutes from shopping, dining, schools, and a beautiful newly built neighborhood park, you'll enjoy the best of both country-style living and in-town convenience. Currently operating as a successful Airbnb, this property offers excellent flexibility as a primary residence, second home, or potential income-producing investment (subject to buyer verification of all applicable regulations). Opportunities to own this much flat, usable land in the heart of Payson are exceptionally rare--don't miss your chance to make it yours. More/better to pictures to come.

Construction

Wood Frame: Yes

Style

Ranch: Yes

Interior Features

Master Main Floor: Yes
Dual Pane Window: Yes
Instant Hot Water: Yes
No Interior Steps: Yes

Parking Features

Garage: Yes
Carport: Yes
Detached: Yes
RV Access/Parking: Yes
Covered RV Parking: Yes

Floor Covering

Laminate: Yes
Tile: Yes

View

Panoramic: Yes
Mountain(s): Yes

Fencing

Chain Link: Yes

Road Surface Type

Dirt: Yes

Levels

One: Yes

Siding

Wood: Yes

Exterior Features

Patio: Yes
Covered Porch/Deck: Yes
Tall Pines on Lot: Yes
In the Trees: Yes

Kitchen Features

Refrigerator: Yes
Electric Range: Yes
Non Laminate: Yes

Roof

Metal: Yes

Utilities Available

Electricity: Yes
Piped Propane: Yes
Sewer Hooked In: Yes
Phone Available: Yes
Cable Available: Yes
Internet Hook Up: Yes
Trash: Yes
Underground Util: Yes

Heating

Propane: Yes

Other Structures

Storage: Yes

Water Heater

Propane: Yes
Tankless: Yes

Sub Floor Type

Slab: Yes

Possession

Close Of Escrow: Yes

Owner May Sell/Terms

Cash: Yes
Conventional: Yes

Dining Room

Living-Dining Combo: Yes

Laundry

Washer: Yes
Dryer: Yes
Utility Room: Yes

Cooling

Central Air: Yes
Electric: Yes
Ceiling Fan(s): Yes

Other Rooms

Sun Room: Yes

Fireplace/Woodstove

Fireplace: Yes
Living Room: Yes

Property Features

To Show: Text/Call Listing Agent Location: In Payson City Limits Style: Ranch Parking Features: Garage; Carport; Detached; RV Access/Parking; Covered RV Parking Road Surface Type: Dirt Levels: One View: Panoramic; Mountain(s) Construction: Wood Frame Siding: Wood Roof: Metal Fencing: Chain Link Other Structures: Storage Exterior Features: Patio; Covered Porch/Deck; In the Trees; Tall Pines on Lot Interior Features: Master Main Floor; Dual Pane Window; Instant Hot Water; No Interior Steps Sub Floor Type: Slab Floor Covering: Laminate; Tile Kitchen Features: Refrigerator; Electric Range; Non Laminate Dining Room: Living-Dining Combo Laundry: Washer; Dryer; Utility Room Water Heater: Propane; Tankless Other Rooms: Sun Room Cooling: Central Air; Electric; Ceiling Fan(s) Heating: Propane Utilities Available: Electricity; Piped Propane; Sewer Hooked In; Phone Available; Cable Available; Internet Hook Up; Trash; Underground Util Possession: Close Of Escrow