1906 E Rainbow Trl, Payson, AZ, 85541
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2024
Materials
- Construction materials: Wood Frame
Other
- Builder name: Grayson LLC
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Gas or Electric Hook Up
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Kitchen-Dining Combo,Pantry
- Flooring: Concrete,Vinyl
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Details
- Parcel number: 30461098
- Zoning: Residential
Features
- Fencing: None
- Has view: Yes
- View description: Trees/Woods,Mountain(s)
Lot
- Lot size: 7,840 sqft
- Lot size dimensions: 73.2' x 110.4' x 73.2' x 110.4'
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,Direct Access
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Gila County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,973 | $35,676 |
| Home Insurance | $165 | $1,980 |
| Property Taxes | $518 | $6,216 |
| Electricity | $216 | $2,603 |
| Total | $3,872 | $46,464 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $582,000 |
| 2026-08-14 | Price change | $579,000 |
| 2026-08-08 | Price change | $585,000 |
| 2026-08-08 | Price change | $582,000 |
| 2026-07-31 | Price change | $585,000 |
| 2026-07-17 | Price change | $588,000 |
| 2026-06-20 | Listed for sale | $589,000 |
| 2025-11-06 | Sold | $501,000 |
| 2025-11-05 | Pending sale | $550,000 |
| 2025-10-18 | Listed for sale | $550,000 |
| 2025-10-18 | Pending sale | $550,000 |
| 2025-10-18 | Listed for sale | $550,000 |
| 2025-10-04 | Listing removed | $550,000 |
| 2025-09-25 | Listing removed | $3,450 |
| 2025-09-04 | Listed for rent | $3,450 |
| 2025-07-27 | Price change | $550,000 |
| 2025-05-24 | Price change | $599,999 |
| 2025-03-25 | Price change | $625,000 |
| 2025-03-11 | Price change | $639,000 |
| 2025-02-04 | Listed for sale | $649,999 |
| 2025-01-09 | Listing removed | $689,999 |
| 2025-01-06 | Price change | $689,999 |
| 2024-11-10 | Listed for sale | $699,999 |
| 2024-10-01 | Sold | $60,000 |
| 2024-03-29 | Sold | $60,000 |
| 2021-08-23 | Listing removed | -- |
| 2021-04-28 | Listed for sale | $80,000 |
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