Recently Listed New Construction 1248 S RUNNING ELK Road # 88
Payson, AZ, 85541 $ 474,900
Bedrooms-- Baths0.0 Monthly Estimate*
$ 2,999
for $474,900. The lot size is 2.35.
RARE 2.37-ACRE, FENCED, IMPROVED MOUNTAIN HOMESITE! Discover a truly unique opportunity at 1248 S Running Elk Road, situated at approximately 6,000 feet in elevation and overlooking a beautiful canyon in Arizona's spectacular Rim Country. Approximately 2 acres are fenced, with additional land extending west beyond the ravine, creating an appealing combination of usable space, privacy, views and natural mountain terrain. The lot is GU (General Unclassified) zoned with NO HOA, offering flexibility for rural residential and agricultural uses and possibilities such as a custom home, horses, animals, gardening and accessory structures, subject to Gila County requirements. This is much more than vacant land. COMPANY--along with TWO ELECTRICAL SOURCES, one underground and one overhead, and a WORKING SEPTIC SYSTEM DESIGNED TO SERVE A FUTURE 3-BEDROOM, 2-BATH HOME. An established orchard features apple, pear, peach and plum trees, and raspberries have also been grown on the property. Previous residential structures have been removed, leaving a cleared site ready for a buyer's vision. A 40-FOOT SHIPPING CONTAINER provides substantial secure storage and conveys with the property. The lower portion of the parcel also includes covered parking and a large covered work area, offering valuable space for equipment, projects and recreational vehicles. ALSO INCLUDED WITH THE SALE is a 2016 OPEN RANGE FIFTH-WHEEL RV, 3X RATED FOR COLDER-WEATHER USE, providing an additional valuable feature for enjoying the property and the Rim Country setting. HOUSE PLANS AND BUILDING CONCEPTS ARE AVAILABLE TO SHARE WITH INTERESTED BUYERS. A separate residential listing is also available in conjunction with a builder who can help create a new home on the property, giving buyers the opportunity to explore a new-build option designed to take advantage of this special mountain setting. With much of the essential infrastructure already in place, imagine creating a brand-new mountain home surrounded by the natural beauty of Rim Country. The property may also offer potential as a second home, full-time residence or future vacation rental, subject to applicable Gila County requirements. Surrounded by tall pines and close to the recreational opportunities of the Mogollon Rim, this property offers privacy, usable space, views and the opportunity to create a truly unique Arizona mountain lifestyle. Bring your vision and make this special piece of Rim Country your own. Buyer to independently verify water sources and availability, elevation, septic capacity/design, zoning, building requirements, utilities, fifth-wheel/RV information and permitted use, builder/new-construction options, vacation-rental use, intended uses and all material facts.
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FeaturesGeneralSewer Septic-In & Connectd Septic Tank
Development Status Raw Land Plans Available
Zoning GU
Electric APS
View Mountain(s) Trees/Woods
Topography Hillside Gentle Sloping
Township 10
Unit Number 88
Tax Year 2025
County Gila
Property Type Land
HOA N
Subdivision Name COLCORD MOUNTAIN HOMESITES
Possible Use Single Family Agricultural Mobile/Mgf Hme/RV's
Other Structures Workshop Other
Special Listing Conditions N/A
Status Active
Directions Hwy260 to MM 277.3 Colcord Rd South 3.4 miles paved road plus 0.8 miles dirt to Colcord Estates. Right on Running Elk Stay Right at Y. 1.1 miles to end and green gate & our sign.
High School Payson High School
City Payson
Disclosures None
High School District Payson Unified District
Lot Size Units Acres
Lot Size Square Feet 102232.0
Carport Y/N N
Tax Annual Amount 3391.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Interim Occupant
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 88
Senior Community N
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ExteriorVegetation Natural Vegetation Treed Orchrd/Grve/Vineyrd
Fencing Security
Water Source Domestic Well
Lot Size Area 2.35
Spa N
Lot Dimensions 2.37 acres
Lot Size Acres 2.35
Road Surface Type Gravel
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility Private Maintained Road
Horse Y/N Y
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByAnn Adams And Associates Realty, LlcBroker
ann@annadamsrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,999
- Monthly Property Taxes
- $283
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyLots and land listings in Payson, AZ
Average List Price $290,893
Percent of Sale Price 39%
About Payson, AZ 15,685 Population
18% Since 2002
$ 44,179 Median Income
53.5 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4328274 Elementary School
4326949 Middle School
Payson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $474,900 | | Listed Price |