Listing provided courtesy of Realty One Group- MLS# 7036948MLS Provider

1807 E Underwood LanePayson, AZ 85541

Single Family · 3 Beds · 3 Full Baths · 1 Half Bath · 4,911 Sq. ft. | 2.22 Acres
$2,000,000 Active

1807 E Underwood Lane Overview

Time on Site:
26 days
Visits:
1

Magnificent mountain estate with unobstructed, million dollar views of the Mogollon Rim! Surrounded by tall pines this private 2.22AC property, this custom home will impress with 4911sf and an open floorplan. Almost new metal roof on both buildings and concrete board siding for low maintenance. Solar is owned. Cathedral ceiling in the living room is tongue and groove and there is a natural rock, wood-burning fireplace. Gorgeous kitchen features a Viking gas cooktop, island, convection oven, refrigerator, granite countertops and solid wood walnut cabinetry. Enjoy dining with stellar views and access to an outdoor Grand Turbo Grill Station with rotisserie. Spa-like ensuite on main level includes jetted tub, walk-in shower, makeup vanity, double sinks and large walk-in closet. Massive main bedroom provides access to open deck space. Beautiful office space and library have built-in desks with granite surfaces and abundant bookshelves. Laundry room is spacious and is off the attached 3 car garage, which has an almost new epoxied floor. Lower level are distinct living areas with a game room and bar with wine cooler, refrigerator and a gas fireplace. Guest bedroom sleeps four and has a bathroom with shower. Large family room for entertaining family and friends with access to covered patio. Spacious Master Bedroom with elegant ensuite with soaking tub-shower combo and closet. Home has automated fire suppression system, surround sound and instant hot water. Covered patio has Rainscaping above to seal off rain, Extensive Trex decking on main level and covered area for dining. Detached 2-car, pass through garage below house has plenty of room for your mountain gear and toys. A total of a five garage! The backyard is fenced and the entire property has been fire-wised. Horses are allowed.

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1807 E Underwood Lane Facts & Features

  • Type Single Family
  • Sq. ft. 4,911
  • Price/Sq.ft. $407
  • Lot 2.22 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Payson Unified District
  • Elementary School: Julia Randall Elementary School
  • Middle Or Junior School: Rim Country Middle School
  • High School: Payson High School

Green Features

  • Green Energy Efficient: Multi-Zones

Building Information

  • Builder Name: Iverson
  • Year Built: 2006

Location/Region

  • Country: US
  • County Or Parish: Gila
  • Postal City: Payson
  • Subdivision Name: Payson 3 Unit 1

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $8,380.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Discl Avail
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 302-84-025-K
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 5.0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 3
  • Bedrooms Possible: 6

Building Interior

  • Building Area Source: Appraiser

General Information

  • Fireplace Features: Wood Burning,Gas
  • Fireplace: true
  • Fireplaces Total: 2
  • Flooring: Carpet,Tile,Wood
  • Interior Features: Master Downstairs,Upstairs,Eat-in Kitchen,Breakfast Bar,Vaulted Ceiling(s),Pantry,Full Bth Master Bdrm
  • Laundry Features: Inside
  • Living Area: 4911.0
  • Living Area Source: Appraiser
  • Rooms Total: 0
  • Security Features: Fire Sprinkler System
  • Spa Features: None
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Garage Door Opener,Circular Driveway,Separate Strge Area,Detached

Lot Information

  • Lot Features: North/South Exposure,Hillside Lot,Sprinklers In Front
  • Lot Size Acres: 2.22
  • Lot Size Area: 96703.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 96703.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Asphalt
  • Water Source: City Water

Waterfront/View

  • View: Mountain(s)

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Cement Siding,Wood Frame
  • Property Attached: false
  • Roof: Metal

General Information

  • Covered Spaces: 5.0
  • Exterior Features: Balcony
  • Fencing: Chain Link,Partial,Wire
  • Horse: true
  • Pool Private: false
  • Sewer: Public Sewer
  • Utilities: Propane

1807 E Underwood Lane Neighborhood

Community

85541 (Payson) Demographics

59
Median Age
28
Population Density (per sq. mile)
33%
College Educated
$51,161
Estimated Median Income
7,999
Estimated Total Home Owners
2,311
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1807 E Underwood Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1807 E Underwood Lane Market Data

Based on the last 30 days in this zip code

$700,398
Average List Price
$344
Average Price per Square Foot
93
Properties Sold
85
Average Days on Market
1,038
Properties for Sale
Calculations provided by Reliance Network

1807 E Underwood Lane History

Date Event Value Agent
6/12/2026Source: Central AZ - Payson Area Price Reduction
$2,000,000 -20.0%
6/12/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,000,000 -20.0%
6/3/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 03, 2026
5/31/2026Source: Central AZ - Payson Area Added to Database
May 31, 2026