1501 E Underwood Lane, Payson, AZ 85541

$1,700,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,327 Lot Size (sq. ft.): 90,412 Status: Closed
Current Price: $1,700,000 Last Modified: 4/18/2025

Overview

Description

Situated on a privately gated, 2+ acre lot, this tranquil Payson retreat offers desirable iron fencing, easy highway access, exclusive views of the Mogollon Rim, Granite Dell mountains & mature greenery from nearly every room. The open floor plan is enhanced with oversized windows, solar tubes, tongue & groove ceilings, exposed wood beams, stone fireplace with wood mantle, solid wood doors, 4 custom security doors, mudroom & 3 ensuite bedrooms & more! The gourmet kitchen is equipped with double ovens, Wolf 5-burner gas stove, SubZero fridge, granite countertops, beverage center, warming drawer & center island. Relax in private gazebo or on the expansive patio deck with a speaker system, sun shades & fans. Don't miss the epoxied extended depth+height 3-car garage with Tesla wall connection.

Listing Details MLS# 6441267

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
2021

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
3
# Bedrooms
6
Total Bathrooms
5
Approx SQFT
4327
Price/SqFt
392.88
Horses
N
Builder Name
Iverson Homes
Year Built
2004
Approx Lot SqFt
90412
Approx Lot Acres
2.076
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
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 & Underwood Lane
Directions
From 87N turn (R) on E Tyler Pkwy. Turn (L) on E Underwood Ln. Second driveway on the (R). From 260 turn (L) on E Tyler Pkwy. Turn (R) on E Underwood Ln. Second driveway on the (R).

Status Change Info

Off Market Date
2022-08-16
Under Contract Date
2022-07-31
Close of Escrow Date
2022-10-28

Legal Info

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

More Information

Basement

Basement Y/N
Y

Items Updated

Floor Yr Updated
2019
Floor Partial/Full
Partial
Ht/Cool Yr Updated
2019
Ht/Cool Partial/Full
Full
Kitchen Yr Updated
2019
Kitchen Partial/Full
Full
Bath(s) Yr Updated
2019
Bath(s) Partial/Full
Partial

Parking Spaces

Garage Spaces
3
Slab Parking Spaces
3
Total Covered Spaces
3

Sold Info

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

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; 2 Master Baths; Tub with Jets; Bidet; Other (See Remarks) Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: Fireplace Living Rm; Gas Fireplace Flooring: Tile; Wood Window Features: Solar Screens; Dual Pane; Mechanical Sun Shds Spa: None Dining Area: Dining in LR/GR; Breakfast Room Kitchen Features: 220 Volts in Kitchen; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup; Upstairs Laundry Basement Description: Full Other Rooms: Media Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Water Softener Owned; Soft Water Loop Technology: Sat Dish TV Lsd; Sat Dish Intrnt Lsd; Cable TV Avail; Security System Owned Exterior Features: Covered Patio(s); Gazebo Parking Features: Attch'd Gar Cabinets; Direct Access; Extended Length Garage; Garage Door Opener; Gated; RV Gate Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Concrete; Other Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Propane; Natural Gas; Wall/Floor Heat Plumbing: Tankless Ht Wtr Heat Utilities: APS; Oth Gas (See Rmrks); Propane Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected; Other Services: City Services Fencing: Wrought Iron; Partial Property Description: Hillside Lot; Corner Lot; North/South Exposure Landscaping: Gravel/Stone Front; Natural Desert Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: Russ Lyon Sotheby's International Realty
Office Phone: 480-287-5200
Office Email: bret.lamberson@russlyon.com
Last Updated: April - 18 - 2025
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