1906 E Rainbow Trail, Payson, AZ 85541
Property image
Property image
FOR SALE

1906 E Rainbow Trail
Payson, AZ 85541

  • 3 Beds
  • 2.5 Baths
  • 2,025 sqft

$589,000

Est. Mortgage $3,250/mo*

$589,000

Est. Mortgage $3,250/mo*
3 Beds
2.5 Baths
2,025 sqft
We estimate this home will sell faster than 86% nearby.

Local Information

  • Map ViewExplore the area around 1906 E Rainbow Trail.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

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.

Whether you're searching for a full-time residence, summer escape, or weekend getaway, this home offers the perfect combination of comfort, location, and value. Opportunities like this in the area are becoming increasingly difficult to find.
We estimate this home will sell faster than 86% nearby.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$28/Monthly
Price/Sqft
$291
Listed
17 days ago

Home Details for 1906 E Rainbow Trail

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2025 Square Feet
Appliances & Utilities
Appliances: Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric OvenDishwasherDisposalLaundry: Inside
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Double Pane Windows, Vinyl FrameFlooring: Other
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Other
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: CompositionFencing: NoneExterior: Balcony
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 17

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Spray Foam Insulation, Aluminum Siding, Wood FrameNot Attached Property
Property Information
Parcel Number: 30461098

Price & Status

Price
List Price: $589,000Price Per Sqft: $291
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: PaysonCommunity: Highlands at the Rim
School Information
Elementary School: Payson Elementary SchoolElementary School District: Payson Unified DistrictJr High / Middle School: Rim Country Middle SchoolHigh School: Payson High SchoolHigh School District: Payson Unified District

Agent Information

Listing Agent
Listing ID: 7044498

Building

Building Details
Builder Name: Grayson Development
Building Area
Building Area: 2025 Square Feet

HOA

HOA Fee Includes: Street MaintHOA Name: Highlands at the RimHas an HOAHOA Fee: $330/Annually

Lot Information

Lot Area: 8063 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7044498
Last check for updates: about 23 hours ago
Listing courtesy of Blaine l Jarvis, (480) 433-6163
Four Peaks Property Management LLC
Source: ARMLS, MLS#7044498
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Payson

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$457K
$41.5K
MoM
Sale-to-List Price
98.2%
0.6%
MoM
Price per sq ft
$311
$12
MoM
Available listings
309
46
MoM

Price History for 1906 E Rainbow Trail

DatePriceEventSource
06/20/2026$589,000Listed For SaleARMLS #7044498
11/06/2025$501,000Sold
CAAR #91593
11/05/2025$550,000PendingARMLS #6815289
10/18/2025$550,000PendingToActiveARMLS #6815289
10/18/2025$550,000PendingCAAR #91593
10/18/2025$550,000Listed For SaleCAAR #91593
10/04/2025$550,000ListingRemovedCAAR #91593
09/25/2025$3,450ListingRemovedZillow Rentals
09/04/2025$3,450Listed For RentZillow Rentals
07/27/2025$550,000PriceChange
ARMLS #6815289
05/24/2025$599,999PriceChange
ARMLS #6815289
03/25/2025$625,000PriceChange
ARMLS #6815289
03/11/2025$639,000PriceChange
ARMLS #6815289
02/04/2025$649,999Listed For SaleARMLS #6815289
01/09/2025$689,999ListingRemovedARMLS #6782301
01/06/2025$689,999PriceChange
ARMLS #6782301
11/10/2024$699,999Listed For SaleARMLS #6782301
10/01/2024$60,000Sold
N/A
03/29/2024$60,000Sold
N/A
08/23/2021ListingRemovedCAAR
04/28/2021$80,000Listed For SaleCAAR #84599

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Property Tax and Assessment

Year2026
Tax$471
Assessment$444,867
Home facts updated by county records

Comparable Sales for 1906 E Rainbow Trail

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$555,000
02/17/26
3
2
1,772
0.07
Single-Family Home
$650,000
06/18/26
3
2
2,010
0.05
Single-Family Home
$595,000
11/13/25
4
4
2,736
0.09
Single-Family Home
$960,000
05/08/26
3
2.5
2,482
0.12
Single-Family Home
$532,500
09/24/25
3
2
1,560
0.05
Single-Family Home
$1,065,000
03/12/26
4
2.5
2,863
0.49
Single-Family Home
$585,000
01/03/26
3
2
1,836
0.13
Single-Family Home
$386,000
04/13/26
3
2
1,264
0.57
Single-Family Home
$527,000
01/21/26
3
2.5
1,727

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1906 E Rainbow Trail.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Payson

At least 89 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 87 % Say there's wildlife

  • 86 % Say parking is easy

  • 84 % Say car is needed

  • 76 % Say there's holiday spirit

  • 75 % Say it's quiet

  • 72 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say kids play outside

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's walkable to grocery stores

  • 39 % Say there are community events

  • 26 % Say there are sidewalks

  • 17 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Bruce Palmer
    "Nice dog park in the neighborhood, and lots of dog owners walk their dog around the neighborhood regularly. "
  • Bruce Palmer
    "Dog friendly area. There’s a nice dog park in the neighborhood, by the library.Lots of people walk their dogs around the neighborhood "
  • Bruce Palmer
    "People are frequently seen walking their dogs in this neighborhood. Also, there is a nice dog park across the street at Rumsey Park."
  • Jay Martin
    "It’s great to be so close to the Phoenix area but be in the pines and cooler temperatures. Great variety of stores and restaurants. "
  • Karen Schendel-carlen
    "Free Concerts and movies in the park . Greatest place in Arizona to watch 4 th of July fireworks. Fantastic camping, hiking, biking and fishing. "
  • Shari S.
    "No sidewalks to walk on...you have to walk in the street. Dog-friendly neighborhood and lots of familiars dog owners. Because of the wildlife, you must go out with your small dogs, you can’t leave them out alone. "
  • Shari S.
    "Love the small town fell and the neighborhood. I do wish we had sidewalks to walk on. It’s very dangerous to walk in the narrow streets. "
  • Ljmyrick63
    "I only live here part time, but the neighborhood is friendly and well kept. Ramsey park is very close with many amenities including multiple sport fields, dog park, library, pool, children’s play area, bbq areas, skating park and a hiking trail. Payson is a vey outdoorsy place with 35 hiking trail around the city limits and many, many more trails, water areas, camping etc. Truly an outdoor persons dream place."
  • Mark
    "Dogs are welcome and everyone has multiple ones it seems like. Great place to raise dogs and kids alike. "
  • Mark
    "You see people walking dogs all the time. A lot of people take their dogs with them. People as a whole seem very dog friendly. "
  • Anne M. H.
    "I have lived here for 10 years. The neighbors are great and watch each other's home when were not around."
  • Heather
    "friendly people. beautiful mountains rivers and hiking. active community as well as many retirees. a"
  • Mary G. .
    "Just moved here from Southern California. Love it so much! The people are so warm and friendly. I look forward to seeing the sights and library and pretty much everything around here."
  • Wendy B.
    "100 miles from the big city. Mild climate compared to Phoenix blistering summers.. lake and creeks, tons of hiking trails. Beautify town"
  • Debbie L. E.
    "Great neighbors and neighborhood! Beautiful views and wildlife all around. Every house is unique...not “cookie cutter” at all!"
  • Christopher G.
    "I walk dogs every week. Most dog owners in town have their dogs under control. One got out of it's yard one time while I was running another dog. It charged us looking defensive but as soon as I ran at the dog it peed itself and jumped back over the fence. "
  • Cynthia
    "Great friendly neighbors, convenient location and the weather is awesome year around. We love the hiking, fishing and outdoor activities as well as the community activities."
  • Sharon M.
    "Visiting with neighbors Helping one in need Pride of Ed Just having fun with people Singing old songs of the c"
  • Nancy Berlin Jones
    "I have owned this home since 12/16 and the neighbors are very friendly. Yes- we watch out for each other to a respectful degree! The wildlife is pretty cool- elk, javelinas, quail. We have privacy, light traffic, trees, and views."
  • Saralewis
    "It’s a close walk to the green valley park and historical Main Street. The down side is there aren’t sidewalks and people drive Very fast down this street. There are also not too many street lights so people usually walk their dogs during the day to the park. "
  • Rustyandmariah
    "I’ve lived in the Payson area my entire life. The town is a great little mountain town. The people are friendly and there fun little shops and restaurants. If you love 4 seasons and the outdoors this is one of the best places to live. And if you don’t like the current weather you can wait 15 mins or drive 15 mins in any direction and it will change. "
  • Status202
    "My in laws live here and we come to visit about 6 times a year. This area is amazing if you are looking to camp, hike, bike, fish, hunt atv and enjoy the wild life. "
  • Bristolleos123
    "Car shows. Rodeo’s. Farmers markets. Small town vibe. Weekend retreats. Many church’s. Youth activities sports "
  • Yellow77roses
    "We are up above town! We have 360 veiw of the rims/ mountains! lots of wilds life still running around up here in Payson , Arizona"

LGBTQ Local Legal Protections

Blaine l Jarvis, Four Peaks Property Management LLC
Agent Phone: (480) 433-6163
1906 E Rainbow Trail, Payson, AZ 85541 is a 3 bedroom, 3 bathroom, 2,025 sqft single-family home built in 2024. This property is currently available for sale and was listed by ARMLS on Jun 20, 2026. The MLS # for this home is MLS# 7044498.