1501 E UNDERWOOD Lane, Payson, AZ 85541

$820,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,327 Lot Size (sq. ft.): 90,605 Status: Closed
Current Price: $820,000 Last Modified: 1/18/2026

Overview

Description

Spectacular is not enough to describe this home, nestled in the woods on a hill with 2+ acres, and views of the Mogollon Rim and the Granite Dell Mountains wherever you look. Gather with a large group in the great room, enjoying the breath taking views of the Rim. Prepare your favorite meals in the expansive and stunning kitchen. With 3 master bedroom available, there are possibly 7 generous bedrooms to satisfy all your needs. One super sized room can be a hobby room, a theater, or a sports/entertainment center. There are rooms on the half level or lower level that give privacy, and flexibility for their use. The master bedroom is dreamy with it's own deck, along with his and her vanities and closets. The mountain views while you lay in bed are like being at a resort.

Supplements: You can prepare a glorious meal on the outside BBQ (with 2 extra burners) on the covered deck, which is lighted, and stay cool with an overhead fan. Then take that prepared meal over to the gazebo and enjoy your meal while you marvel at the beauty of the majestic Mogollon Rim and Granite Dells ranges, all while being in a forested setting.There ...

Listing Details MLS# 5608679

Location, Tax & Legal

Map Code/Grid
C71
House Number
1501
Compass
E
Street Name
UNDERWOOD
St Suffix
Lane
City/Town Code
Payson
State/Province
AZ
Zip Code
85541
Zip4
1927
Country
US
County Code
Gila
Assessor Number
302-84-020-A
Subdivision
PAYSON THREE UNIT 1
Tax Year
2016

Contract Information

Type
Exclusive Agency
Ownership
Fee Simple

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
3
# Bedrooms
5
Total Bathrooms
4
Approx SQFT
4327
Price/SqFt
189.5
Horses
N
Builder Name
IVERSON HOMES
Year Built
2004
Approx Lot SqFt
90605
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
2
Elementary School
Out of Maricopa Cnty
Jr. High School
Out of Maricopa Cnty
High School
Out of Maricopa Cnty

Remarks Misc

Cross Street
TYLER PARKWAY AND UNDERWOOD LANE
Directions
HWY 87 or HWY 260 to Underwood Lane. 2nd house on right. Sign on property.

Status Change Info

Off Market Date
2018-01-23
Under Contract Date
2018-01-22
Close of Escrow Date
2018-02-27

Legal Info

Township
11N
Range
10E
Section
26
Lot Number
18C

More Information

Basement

Basement Y/N
Y

Parking Spaces

Garage Spaces
3
Slab Parking Spaces
3
Total Covered Spaces
3

Contact Info

List Agent Home Phn
928-468-0098

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: Mountain(s) Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Split Additional Bedroom: Other Bedroom Split; 2 Master Bedrooms; Other Bedroom Downstairs; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace Flooring: Carpet; Tile Window Features: Dual Pane Spa: None Dining Area: Dining in LR/GR Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Multiple Ovens; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup Basement Description: Finished Interior Features: Skylight(s); Vaulted Ceiling(s) Technology: Sat Dish TV Lsd; Sat Dish Intrnt Lsd; Security System Owned Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Gazebo Parking Features: Garage Door Opener; RV Access/Parking Construction: Wood Frame Const - Finish: Stucco Roofing: Concrete Cooling: Central Air Heating: Natural Gas Utilities: APS; Propane Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Wood; Partial Property Description: Hillside Lot; Corner Lot; North/South Exposure Landscaping: Gravel/Stone Front; Natural Desert Back Possession: Close of Escrow Unit Style: Three or More Levels Association Fee Incl: Other (See Remarks) Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Agency Discl Req
IDX
Listing Office: Keller Williams Arizona Realty
Office Phone: 928-468-2184
Office Email: kim@kimrossl.com
Last Updated: January - 18 - 2026
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