About This Home

This 3-bedroom, 3-bathroom single family at 1248 S RUNNING ELK Road in Payson, AZ is listed for $1,200,000 ($491 per sqft). Built in 2026, the home offers 2,444 sqft of living space on a 2.35 acres lot.

Key Features

  • Built in 2026
  • 2.35 acre lot

Property Details

1 story
2 full, 1 half
3-car garage
2026

Amenities

A/C
Listing Description

TO BE BUILT - NEW CONSTRUCTION IN BEAUTIFUL RIM COUNTRY! Build The Ironwood by Platinum Edge Homes on a unique 2.37-acre homesite at approximately 6,000 feet elevation, overlooking a beautiful canyon and surrounded by the natural beauty of Arizona's Rim Country.

Enjoy the best of both worlds--a brand-new home designed for today's lifestyle combined with acreage, privacy and mountain surroundings. The Ironwood offers approximately 2,444 square feet of single-level living with 3 bedrooms, dedicated office, 2.5 bathrooms, 3-car garage and an impressive RV garage/workshop.

The thoughtfully designed floor plan features 10-foot ceilings and an open great room, dining area and spacious kitchen that create an inviting setting for everyday living and entertaining. The primary suite includes a private bath and walk-in closet, while two additional bedrooms and a separate office provide flexibility for guests, family or working from home.

A covered outdoor living area takes advantage of the peaceful mountain setting, while the RV garage/workshop provides exceptional space for recreational vehicles, equipment, hobbies and all your Rim Country toys. Unlike starting with completely raw land, this property already offers valuable infrastructure, including two working wells, a third wate

r source with Payson, two electrical sources--one underground and one overhead--and a working septic system currently designed for a 3-bedroom, 2-bath home. Approximately 2 acres are fenced, with additional land extending west beyond the ravine. An established orchard with apple, pear, peach and plum trees adds character to the property.

GU (General Unclassified) zoning and NO HOA provide added flexibility for rural residential and agricultural uses, including horses, animals, gardening and accessory structures where permitted. Work with the builder to personalize The Ironwood with available selections and finishes and create the mountain home you've been dreaming about.

Potential for a full-time residence, second home or future vacation rental, subject to applicable Gila County requirements. New construction, acreage, existing infrastructure, RV garage/workshop, canyon views and no HOA--an exceptional opportunity in Arizona's beautiful Rim Country.

Pricing depends on square feet and finishes and can range from 900K to 1.2 million depending on what you decide to build more than one model offered by this builder. Buyer should directly speak to this builder and account for the cost of the land.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

1248 S RUNNING ELK Road

Payson, AZ 85541

COLCORD MOUNTAIN HOMESITES

Features & Amenities

Interior Features

Walk-in PantryQuartz CountertopsDouble VanityEat-in KitchenKitchen IslandPantryFull Bth Master Bdrm

Property Details

Construction

Stucco Wood Frame

Heating

Electric (Heating)

Appliances

RefrigeratorDishwasherElectric RangeBuilt-In Electric Oven

Questions & Answers

This 3-bedroom, 3-bathroom single family at 1248 S RUNNING ELK Road is listed at $1,200,000 ($491/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 2.35 acre lot. Interior Features: Walk-in Pantry, Quartz Countertops, Double Vanity.

This property is listed by Ann Adams.

AA

Ann Adams

Agent at Ann Adams & Associates Realty, LLC

Listed by Ann Adams & Associates Realty, LLC · Broker phone: (602) 330-2323 · View on Broker Site · Broker website

MLS# 7079683· Source: Arizona Regional Multiple Listing Service, Inc.· 49 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1248 S RUNNING ELK Road, Payson, AZ 85541

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