#6836930, Chase Lauritsen, Damian Godoy, Listing office: My Home Group Real Estate
Property details
About 510 N Possum Ln
**NOW LISTED $26,000 BELOW APPRAISAL!** Nestled on the outskirts of Payson, this cozy cabin offers the ideal blend of rustic charm & modern convenience. Surrounded by scenic beauty & wildlife, all while having access to amazing amenities & outdoor recreation. This upgraded mountain home has been thoughtfully remodeled for comfort & style. Highlights include a new $40k Septic System in '24, new HVAC in '21, & full remodel. The kitchen has been transformed w/ stunning granite counters & a convenient coffee bar. New wood laminate flooring, paint, & trim provide a cozy feel. The fully upgraded bathroom offers contemporary finishes, with three large Bedrooms D/S. The finished attic provides a large 2nd family room & 4th sleeping area/bedroom! Ask about an option to add a 2nd Bath! Keep Reading Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab). **If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Refrigerator, Microwave, Electric Range, Disposal
- Flooring Type: Laminate
- Interior: Eat-in Kitchen, Smoke Detector
- Fireplace: Living Room
- Total Bedroom Count: 3
- View: Panoramic
- Exterior: Privacy Fence, Patio
- Architectural Style: Multi-Level, Cabin
- Heating: Electric, Forced Air
- Cooling: Central Air
- List Price: $407,000
- HOA Amount: $240 Annually
- Lot: Corners Marked, Wooded
- Directions: Go North on Hwy 260. Turn right on Houston Mesa Rd. Turn left into Beaver Valley community to Sleepy Hollow. Turn right on Sleepy Hollow to left on Possum. Property is on the left.
- Year Built: 2001
- Lot Size: 0.16 Acres
- MLS Number: 255998
- MLS Name: WhiteMountain
- Office Name: HomeSmart
- Office Phone: (602) 230-7600
- Office Email: rlarue@homesmart.com
- Listing Agent: Richard Blaine Wiggins
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Last updated on: 7/23/2025, 11:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
4
Julia Randall Elementary School
Public District 3-5
7.9 mi
•902 W Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,879. The majority of Payson, AZ residents have income less than $<35k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 510 N Possum Ln
The listing price of 510 N Possum Ln property is $407,000.
The property 510 N Possum Ln is a house located in Payson, Arizona, 85541.
Active Listing: 510 N Possum Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 510 N Possum Ln are: Julia Randall Elementary School (GreatSchools Rating 4/10), Rim Country Middle School (GreatSchools Rating 5/10), Payson High School (GreatSchools Rating 6/10).
The property at 510 N Possum Ln has 3 bedrooms and 2 bathrooms.
The year of construction for 510 N Possum Ln is 2001.
This home is located at 510 N Possum Ln in Payson, AZ and zip code 85541. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $407,000.
Over 2 listings were sold over their listed price in June 2025 in Payson, AZ. In the same period over 22 listings were sold below the listed price and 10 listings were sold for the listed price. The number of listings in Payson, AZ increased by 3% between May and June 2025. In June 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $485,900.