504 W Sherwood Dr, Payson, AZ, 85541
About This Home
Located in the desirable Alpine Village neighborhood, this 2-bedroom, 2-bath home offers comfortable mountain living in a family-friendly community. The functional layout features large bedrooms both with walk in closets, a cozy living area with a woodstove for cool mountain evenings, a dining area plus dining nook in kitchen, breakfast bar, plenty of storage and light, and a 2-car garage with space for vehicles, storage, or outdoor gear. Loft space above the garage provides added storage space. Step outside to a partially fenced backyard with storage shed, perfect for pets, play, or relaxed outdoor living. This home is ideally located just minutes from Rumsey Park and the Payson Library, with restaurants, shopping, and local amenities close by, making everyday living easy and enjoyable. Whether you're strolling to the park, grabbing coffee in town, or heading out for hiking and outdoor adventures, everything you love about mountain living is right at your doorstep. Whether you're seeking a full-time residence or a mountain getaway, this home offers comfort, character, and lifestyle in one of the area's most loved neighborhoods. Some photos staged with AI as noted.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Roof: Asphalt
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Single Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Features
- No Interior Steps,Breakfast Bar,Kitchen-Dining Combo,Vaulted Ceiling(s),Master Main Floor
- Window features: Double Pane Windows
- Flooring: Carpet,Tile,Wood
- Fireplace features: Living Room,Wood Burning Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,267
- Total interior livable area: 1,267 sqft
Property
Details
- Parcel number: 30279134
- Zoning: Residential
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Fencing: Chain Link,Partial
Lot
- Lot size: 6,969 sqft
- Features: Many Trees,Tall Pines on Lot
- Lot size dimensions: 73 x 95 x 73 x 95
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- 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
- Lightning
- Winter Weather
- Heat Wave
- Inland Flooding
- Wildfire
- 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 | $1,820 | $21,840 |
| Home Insurance | $101 | $1,212 |
| Property Taxes | $165 | $1,980 |
| Electricity | $216 | $2,603 |
| Total | $2,302 | $27,624 |
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 |
|---|---|---|
| 2026-04-12 | Listed for sale | $360,000 |
| 2026-04-06 | Pending sale | $360,000 |
| 2026-03-11 | Price change | $360,000 |
| 2026-02-07 | Listed for sale | $370,000 |
| 2011-08-30 | Sold | $140,000 |
| 2011-08-17 | Pending sale | $159,900 |
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