405 E CHERRY Street, Payson, AZ 85541
Mogollon Rim Add P6 · Gila County
Key Facts
Listing Courtesy: ERA-Young Realty & Investment - 9284744554
Description
Experience the Ultimate Payson Retreat: Mountain Serenity Meets In-Town Convenience Discover the perfect harmony of mountain living and modern convenience in this beautifully maintained 3-bedroom, 1 3/4-bathroom home, offering 1,800 sq ft of inviting space on a .97+- acre, tree-studded lot. Zoned R1-6-MH. This property provides immediate investment possibility of value-split, add a second home, garage, or simply enjoy the privacy and room to grow. Verify with the Town of Payson for details. Step inside to find an open, split floor plan designed for both comfort and versatility. Gather around the cozy wood-burning fireplace on cool mountain evenings or take advantage of the dedicated hallway nook ideal for gaming, remote work, or creative pursuits. The spacious breakfast bar is perfect for entertaining family and friends. Enjoy Payson's renowned four-season climate from your choice of outdoor spaces: relax on the welcoming front porch, or host gatherings on the private rear patio surrounded by mature pines and natural boulders. Durable metal roofing and fire-resistant fiber cement siding offer peace of mind and lasting value. Located just minutes from parks, shopping, dining, schools, and the hospital, this home delivers the tranquility of a mountain retreat with the convenience of in-town living. Whether you're seeking a full-time residence, a weekend getaway, or an investment opportunity, this property is a rare find in the heart of Payson.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
2004
Stories
1
Living Area
1,800 sq ft
Lot Size
0.97 acres
Listing #
6994666
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Laundry
Fencing
Lot Features
Construction
Roof
Windows
Sewer
Water Source
Schools
- Elementary:
- Payson Elementary School
- Middle:
- Rim Country Middle School
- High:
- Payson High School
Financial Details
HOA
None
Annual Taxes
$1,389
Tax year 2025
Parcel Number
304-02-002-J
Directions
Highway 87 to Frontier Street turn East. Take to Stop Sign and turn left on Ponderosa Street. The next street on the right is Cherry Street. Home is on your right.
Affordability Calculator
$87,000
Estimated monthly payment
$2,315/mo
Principal $348,000 · Est. interest $485,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Payson, AZ
- $546,032
- Median Listing Price
- 88
- Median Days on Market
- 1,908
- Median Sq Ft
- $304
- Median Price / Sq Ft
- 228
- Active Listings
- This home’s price is 20% below the area median.
- Its price per sq ft is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Payson, AZ.
Location
Points of Interest in Payson, AZ
Showing the Payson area map.
Nearby Schools
Payson Community Christian School
Elementary · 0.6 mi away
Rim Country Middle School
Secondary · 0.7 mi away
Payson Center for Success High School
Secondary · 0.8 mi away
Payson High School
Secondary · 0.9 mi away
Gila Photo Hawks
School · 1.0 mi away
Julia Randall Elementary School
Elementary · 1.4 mi away
Payson Unified School District
School · 1.4 mi away
Payson Elementary School
Elementary · 2.0 mi away
Pine Elementary School
Elementary · 13.3 mi away
Young High School
Secondary · 21.8 mi away
Tonto Basin Elementary
Elementary · 25.0 mi away
Southwestern Academy
School · 37.5 mi away
American Heritage Academy - Camp Verde
School · 38.1 mi away
Northern Arizona Academic Services
Secondary · 38.6 mi away
Beaver Creek School
Elementary · 38.8 mi away
United Christian School
Secondary · 38.9 mi away
Camp Verde High School
Secondary · 39.4 mi away
Camp Verde Elementary School
Elementary · 39.4 mi away
Camp Verde Middle School
Secondary · 39.4 mi away
Camp Verde Unified School District
School · 39.4 mi away
Commute Calculator
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 607 E DROWSEY Circle, Payson, AZ | $305,000 | 2 | 2 | 1,280 |
| 207 E AERO Drive, Payson, AZ | $309,000 | 4 | 2 | 1,455 |
| 609 W Barnum Circle, Payson, AZ | $315,000 | 3 | 2 | 1,248 |
| 704 N GRANITE Drive, Payson, AZ | $315,000 | 2 | 2 | 838 |
| 312 E CEDAR MILL Road, Payson, AZ | $318,000 | 3 | 2 | 1,536 |
| 1040 S PALOMINO Place, Payson, AZ | $324,000 | 2 | 1 | 912 |
Moving Cost Estimate
EXIT Agents in Payson
Last Updated: 2026-03-06