1015 N Monarch Drive Payson, AZ $ 875,000
1015 N Monarch Drive
$ 875,000
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1015 N Monarch Drive

Payson, AZ, 85541
$ 875,000
Bedrooms3 Baths3.0 Sq 2,989

Monthly Estimate*

$ 5,388

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Single Family Home for sale in Payson, AZ

for $875,000 with 3 bedrooms and 3 full baths. This 2,989 square foot home was built in 2005 on a lot size of 0.54.

Exquisite Custom Home in Payson, AZ. Tucked peacefully against a forested hillside, this beautifully crafted home offers a rare blend of privacy, luxury, and breathtaking views of the Granite Dells and Mazatzal Mountains. With 2,989 square feet of meticulously designed living space, this all-electric home features a fully owned solar system and a seamless fusion of Southwest warmth, contemporary elegance, and rustic charm. Step inside to a grand open-concept great room, where vaulted wood-beamed ceilings and rich finishes create an inviting yet impressive atmosphere. The spacious living area is centered around a cozy pellet stove and custom built-ins, while expansive windows and plantation shutters allow natural light to pour in. Just beyond, the kitchen is a dream for any cook, complete with granite countertops, high-end appliances, custom wood cabinetry, and a generous breakfast bar perfect for casual mornings or entertaining. The primary suite is a true retreat, offering a luxurious ensuite bath with a large tiled shower, double vanities, a jetted soaking tub, and a walk-in closet with thoughtful built-ins. Two additional bedrooms share a stylish Jack & Jill bathroom with another jetted tub, and a separate powder room adds convenience for guests. The dining area, anchored by a statement antler chandelier, offers a warm space for gatherings and flows effortlessly into the rest of the home. Every detail  from the flooring and lighting to the architectural arches and niches  has been selected with care to elevate the living experience. Step outside to the covered back patio and enjoy serene moments surrounded by nature. With no rear neighbors and the hillside directly behind you, this home offers unmatched tranquility and seclusion. From its stunning design and modern upgrades to its energy efficiency and private setting, this is a one-of-a-kind opportunity to own a piece of luxury in the heart of Payson.

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Single Family Active

Price

$ 875,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,726

Style

Spanish

Lot Size

0.54

Year Built

2005

Town/City

Payson

County/Region

Gila

MLS | Web ID

6915405

Features
Interior
Interior Amenities Double Vanity Vaulted Ceiling(s) Kitchen Island Pantry Full Bth Master Bdrm Separate Shwr & Tub Tub with Jets
Flooring Laminate Vinyl Tile
Fireplace Features Living Room
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
Fireplace Y/N Y
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Built-in Microwave True
Kitchen Island True
Non-laminate Counter True
Pantry True
Walk-in Pantry True
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General
Sewer Public Sewer
Heating Electric Ceiling
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Other
Garage Spaces 2.0
Association Fee Includes No Fees
Architectural Style Spanish
Construction Materials Synthetic Stucco Stucco Wood Frame
Year Built 2005
View City Lights Mountain(s)
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Gila
Property Type Residential
HOA N
Attached Garage N
Energy Efficient Solar Panels
Subdivision Name Alpine Village
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Hwy 87 North in Payson West on Forest Right on McLane Left on Sherwood Right on Monarch Drive to end of cul-de-sac.
High School Payson High School
City Payson
Disclosures Seller Discl Avail
High School District Payson Unified District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 23522.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Julia Randall Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4726.0
Home Warranty Y/N N
Middle/Junior High School Rim Country Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.tourfactory.com/idxr3223719
Builder Name UNK
Standard Status Active
Occupancy Type Owner
Elementary School District Payson Unified District
Tax Lot 303
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Other
Parking Features Garage Door Opener
Lot Features Hillside Lot Desert Back Desert Front Cul-De-Sac
Water Source City Water
Lot Size Area 23522.0
Spa N
Lot Size Acres 0.54
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1015
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* Excluded Features
List By
Realty Executives Arizona Territory

Broker

Kim@LivingInPayson.com

Email

Affordability Calculator

$5,781
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$394
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4899226 Elementary School
4899228 Middle School
Payson High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2025$875,000 Listed Price

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1015 N Monarch Drive, Payson, AZ, 85541 is a Single Family Home for sale at $875,000 with 2,989 sqft and a lot size of 0.54. 1015 N Monarch Drive has 3 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 85541 which is in Payson, AZ