See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1487 E Payton Way, Flagstaff, AZ, 86001

5beds
4baths
2,264sqft
$625,000
$276price/sqft
$3,728/moest. monthly cost
$149,120/yrincome needed

About This Home

Versatile Flagstaff property with an exceptional location! This turn-key 5-bedroom, 3.5-bath home offers flexible living just minutes from NAU, CCC, Downtown Flagstaff, and the urban trail system. The main home features 4 bedrooms and 2.5 baths, while the detached apartment above the 2-car garage includes 1 bedroom, 1 bath, a full kitchen, and living area--ideal for multigenerational living, guests, or a rental opportunity. Enjoy a private backyard, well-kept community, and new roof. Whether you're looking for a primary residence, house-hacking opportunity, or flexible investment property, this home offers the space and location to make it work. Experience all that Flagstaff has to offer with easy access to trails, shopping, dining, education, and downtown amenities. Owner Agent

Getting Around

14
WalkingCar-Dependent
47
TransitSome Transit
54
BikeBikeable

Schools

6/10
5/10
8/10
Flagstaff High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Slab
  • Roof: Asphalt

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Range
  • Laundry features: In Hall,Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Kitchen Island,Breakfast Bar
  • Flooring: Carpet,Ceramic Tile
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,264
  • Total interior livable area: 2,264 sqft

Property

Details

  • Parcel number: 10417121

Features

  • Levels: Multi/Split
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),Forest
  • Topography of land: Sloped

Lot

  • Lot size: 2,613 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Earthquake
Wildfire

FEMA Declared Disasters in Coconino 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 $3,160$37,920
Home Insurance $126$1,512
Property Taxes $203$2,436
Electricity $239$2,877
Total$3,728$44,736

Income You'd Need if You Spent...

35% on housing$127,817/yr
40% on housing$111,840/yr
45% on housing$99,413/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: 14.6%
14.6%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 86001$285
Coconino County$290

vs Homes Sold Last Month

Median $/sqft

ZIP 86001$391
Coconino County$368

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
2026-08-09Listed for sale$614,999
2026-08-07Listing removed--
2026-07-02Listed for sale$625,000
2026-04-23Listing removed--
2026-01-23Price change$650,000
2025-11-28Price change$679,000
2025-10-03Price change$700,000
2025-09-01Listed for sale$719,000
2021-03-24Listing removed--
2019-07-19Listing removed$2,500
2019-06-18Listed for rent$2,500
2014-04-08Listing removed$2,400
2014-01-10Price change$2,400
2014-01-07Listed for rent$2,500
2012-11-14Listing removed$209,900
2012-09-20Pending sale$209,900
2012-09-05Price change$209,900
2012-08-04Listed for sale--
2011-06-07Sold$278,893
2006-10-27Sold$410,000

For Sale by Agent

AgentHannah L Grenier
BrokerageRealty ONE Group, Mountain Desert

Similar Homes