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912 W Madera Ln, Payson, AZ, 85541

2beds
3baths
1,705sqft
$398,000
$233price/sqft
$2,522/moest. monthly cost
$100,880/yrincome needed

About This Home

Tucked a way in the sought-after Green Valley Lake community, This charming condo offers mountain living and stunning lake and mountain views in the heart of Payson. This beautifully designed condo features 2 spacious ensuites on the 2nd level and a versatile den perfect for a home office, and a guest 1/2 bath on the main level. Plenty of windows fill the home with natural light while showcasing the breathtaking scenery from nearly every room. The open-concept living area creates an inviting atmosphere with seamless flow for entertaining or relaxing int the cool mountain air. The spacious kitchen with newer appliances featuring a gas stove opens to the dining and living areas, making it ideal for gatherings with family and friends. Step outside to enjoy tranquil mornings and colorful Arizona sunsets overlooking beautiful Green Valley lake from the deck on the main level or the deck off of the primary ensuite. The perfect home for a full-time residence or mountain getaway year round. Experience the spectacular 4th of July firework show, fishing, music, wildlife or just walking your furry friends.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
4/10
Payson High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Asphalt
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Two Story
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas,Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Forced Air,Propane
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,705
  • Total interior livable area: 1,705 sqft

Property

Details

  • Parcel number: 30414072B
  • Zoning: R3-Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Panoramic,Mountain(s)
  • On waterfront: Yes

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 1
  • Parking features: Carport,Detached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Heat Wave
Strong Wind

FEMA Declared Disasters in Gila County and Arizona

Fire
Flood
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $2,012$24,144
Home Insurance $112$1,344
Property Taxes $182$2,184
Electricity $216$2,603
Total$2,522$30,264

Income You'd Need if You Spent...

35% on housing$86,468/yr
40% on housing$75,660/yr
45% on housing$67,253/yr

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.

Insurance Growth Rate5-year average: 14.4%
14.4%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 85541$217
Gila County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 85541$276
Gila County$286

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

DateEventPrice
2026-05-01Listed for sale$398,000
2026-02-25Listing removed$400,000
2025-10-15Listed for sale$400,000
2021-03-24Listing removed--
2020-06-10Sold$237,000
2020-04-17Listed for sale$237,900
2017-08-23Sold$210,000
2017-05-31Price change$210,000
2017-05-15Listed for sale$215,000
2017-04-03Listing removed$217,500
2017-02-19Price change$217,500
2017-02-12Price change$224,900
2017-02-03Listed for sale$229,900

For Sale by Agent

AgentKimberly Ann Ross
BrokerageREALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

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