Step back in time while enjoying modern comforts in this truly unique community! Originally designed by two visionary doctors from Scottsdale, this neighborhood was built to resemble an old western town, complete with its own train that once traveled through the area. Though the old western buildings like the saloon, jail, and bank were taken down years ago, the rich history remains, and you can still see the original train engine in use today at Stillman Railway Park in Scottsdale. This is a neighborhood where the past meets the present in a perfect blend of charm and convenience. The beauty of nature surrounds you here. The East Verde River flows right through the community, offering serene days of fishing for stocked trout, swinging from rope swings, and floating peacefully under the sun. Imagine drifting off to sleep each night to the peaceful rhythm of the river flowing nearby. And let's not forget the Beavers, the namesake of this picturesque town, where beavers once built their homes.
Priced below a recent appraisal, this property offers an incredible opportunity for the right buyer. While it does need repairs and has some deferred maintenance, it's a perfect canvas for a remodel at this price point. With the right vision and updates, you can turn this into the home of your dreams while building equity along the way. Whether you're a seasoned renovator or looking to put your personal touch on a home, this is a chance you won't want to miss!
Sold for $240,000 on 11/27/24
$240,000
563 N Sleepy Hollow Dr, Payson, AZ 85541
2beds
1baths
1,006sqft
Single Family Residence
Built in 1976
6,794 Square Feet Lot
$235,100 Zestimate®
$239/sqft
$1,802 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 10:53am
Listed by:
Mary Mcinnis 602-618-6677,
72SOLD
Bought with:
Jean Grimes, SA545117000
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6770326

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Floor Furnace, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Eat-in Kitchen
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace
Interior area
- Total structure area: 1,006
- Total interior livable area: 1,006 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: Wire
Lot
- Size: 6,794 sqft
- Features: Grass Front, Grass Back
Details
- Parcel number: 30217123
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Water: Pvt Water Company
Community & neighborhood
Location
- Region: Payson
- Subdivision: BEAVER VALLEY ESTATES 2
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $240 annually
- Services included: Other (See Remarks)
- Association name: Beaver Valley
- Association phone: 623-877-1396
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Services availability

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