504 W Sherwood Drive Payson, AZ $ 370,000
504 W Sherwood Drive
$ 370,000
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504 W Sherwood Drive

Payson, AZ, 85541
$ 370,000
Bedrooms2 Baths2.0 Sq 1,267

Monthly Estimate*

$ 2,278

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Single Family Home for sale in Payson, AZ

for $370,000 with 2 bedrooms and 2 full baths. This 1,267 square foot home was built in 1989 on a lot size of 0.16.

Located in the desirable Alpine Village neighborhood, this 2-bedroom, 2-bath home offers comfortable mountain living in a family-friendly community. The functional layout features large bedrooms both with walk in closets, a cozy living area with a woodstove for cool mountain evenings, a dining area plus dining nook in kitchen, breakfast bar, plenty of storage and light, and a 2-car garage with space for vehicles, storage, or outdoor gear. A hidden loft space above the garage provides added flexibility — ideal for a home office, craft room, or quiet retreat. Step outside to a partially fenced backyard with storage shed, perfect for pets, play, or relaxed outdoor living. This home is ideally located just minutes from Rumsey Park and the Payson Library, with restaurants, shopping, and local amenities close by, making everyday living easy and enjoyable. Whether you're strolling to the park, grabbing coffee in town, or heading out for hiking and outdoor adventures, everything you love about mountain living is right at your doorstep. Whether you're seeking a full-time residence or a mountain getaway, this home offers comfort, character, and lifestyle in one of the area's most loved neighborhoods.

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Single Family Active

Price

$ 370,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,130

Style

Ranch

Lot Size

0.16

Year Built

1989

Town/City

Payson

County/Region

Gila

MLS | Web ID

6981286

Features
Interior
Interior Amenities Non-laminate Counter Granite Counters Double Vanity Eat-in Kitchen No Interior Steps Vaulted Ceiling(s) Pantry 3/4 Bath Master Bdrm
Flooring Carpet Tile
Fireplace Features Wood Burning Stove
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
Fireplace Y/N Y
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 3
Non-laminate Counter True
Pantry True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating Forced Air
Cooling Central Air Ceiling Fan(s)
Utilities Butane/Propane
Possession Close Of Escrow
Roof Composition
Garage Spaces 2.0
Association Fee Includes Other (See Remarks)
Architectural Style Ranch
Construction Materials Stucco Wood Siding Wood Frame
Year Built 1989
Property Subtype Single Family Residence
Tax Year 2026
Ownership Fee Simple
County Gila
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Alpine Village
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Hwy 87 North to Left on Forest Drive to Left on Sherwood Drive to home on the Right
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 6970.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Payson Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2130.72
Home Warranty Y/N N
Middle/Junior High School Julia Randall Elementary School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active
Occupancy Type Vacant
Elementary School District Payson Unified District
Tax Lot 134
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony
Fencing Back Yard Chain Link Partial
Parking Features Attached Garage RV Access/Parking
Lot Features Dirt Front Dirt Back
Water Source City Water
Lot Size Area 6970.0
Spa N
Lot Size Acres 0.16
Road Surface Type Asphalt
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 1 504
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* Excluded Features
List By
Delex Realty

Broker

michelle@realestateontherim.com

Email

Affordability Calculator

$2,456
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,278
Monthly Property Taxes
$178
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
4894754 Elementary School
4899226 Middle School
Payson High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2026$370,000 Listed Price

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504 W Sherwood Drive, Payson, AZ, 85541 is a Single Family Home for sale at $370,000 with 1,267 sqft and a lot size of 0.16. 504 W Sherwood Drive has 2 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 85541 which is in Payson, AZ