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Listing provided courtesy of Four Peaks Property Management LLC- MLS# 7044498MLS Provider

1906 E Rainbow TrailPayson, AZ 85541

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 2,025 Sq. ft. | 0.19 Acres
$589,000 Active

1906 E Rainbow Trail Overview

Time on Site:
10 days
Visits:
0

Escape the Valley heat and discover your mountain retreat in beautiful Payson! Just 75 minutes from the Phoenix metro area, this updated home offers an incredible opportunity to own in one of Rim Country's most desirable neighborhoods for under $600,000. Surrounded by stunning custom and luxury homes, this property delivers exceptional value and a lifestyle that's hard to match. Inside, you'll find luxury flooring, beautiful white shaker cabinetry, quality finishes, and tasteful upgrades throughout, creating a warm and inviting space you'll be proud to make home. Enjoy cool mountain temperatures, towering pine trees, and peaceful summer evenings while being less than 7 minutes from the prestigious Chaparral Pines and Rim Golf Clubs. Everyday conveniences, including Safeway, shopping, dining, banking, and fuel, are all just minutes away. Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.

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1906 E Rainbow Trail Facts & Features

  • Type Single Family
  • Sq. ft. 2,025
  • Price/Sq.ft. $291
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association Fee: $330.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Street Maint
  • Association Name: Highlands at the Rim
  • Association: true

School Information

  • School District: Payson Unified District
  • Elementary School: Payson Elementary School
  • Middle Or Junior School: Rim Country Middle School
  • High School: Payson High School

Building Information

  • Builder Name: Grayson Development
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Gila
  • Postal City: Payson
  • Subdivision Name: Highlands at the Rim
  • Township: 10N

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $454.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 304-61-098
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Building Area Source: Builder

General Information

  • Fireplace: false
  • Flooring: Other
  • Interior Features: Granite Counters,Double Vanity,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Kitchen Island,3/4 Bath Master Bdrm
  • Laundry Features: Inside,Wshr/Dry HookUp Only
  • Living Area: 2025.0
  • Living Area Source: Builder
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 2
  • Window Features: Low-Emissivity Windows,Dual Pane,Vinyl Frame

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Garage Door Opener

Lot Information

  • Lot Features: North/South Exposure,Desert Front,Dirt Back
  • Lot Size Acres: 0.19
  • Lot Size Area: 8063.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8063.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Waterfront/View

  • View: Mountain(s)

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Spray Foam Insulation,Aluminum Siding,Wood Frame
  • Property Attached: false
  • Roof: Composition

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Balcony
  • Fencing: None
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

1906 E Rainbow Trail Neighborhood

Community

85541 (Payson) Demographics

59
Median Age
28
Population Density (per sq. mile)
33%
College Educated
$51,161
Estimated Median Income
7,999
Estimated Total Home Owners
2,311
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1906 E Rainbow Trail Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1906 E Rainbow Trail Market Data

Based on the last 30 days in this zip code

$700,398
Average List Price
$344
Average Price per Square Foot
93
Properties Sold
85
Average Days on Market
1,038
Properties for Sale
Calculations provided by Reliance Network

1906 E Rainbow Trail History

Date Event Value Agent
6/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 19, 2026
11/7/2025Source: Central AZ - Payson Area Status Change
Closed
11/7/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Closed
11/5/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Pending
11/5/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Closed
10/18/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$550,000 -21.4%
10/18/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
10/18/2025Source: Central AZ - Payson Area Status Change
Pending
10/18/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Increase
$699,999 27.3%
7/28/2025Source: Central AZ - Payson Area Price Reduction
$550,000 -8.3%
7/27/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$550,000 -8.3%
5/23/2025Source: Central AZ - Payson Area Price Reduction
$599,999 -4.0%
5/23/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$599,999 -4.0%
3/25/2025Source: Central AZ - Payson Area Price Reduction
$625,000 -3.8%
3/24/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$625,000 -2.2%
3/11/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$639,000 -1.7%
2/4/2025Source: Central AZ - Payson Area Added to Database
February 04, 2025
2/4/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 04, 2025