This incredible opportunity to own a gorgeous 2.43+/- acre property with a 1716 sq. ft. cabin built in 1964 can be yours. Nestled below the majestic Mogollon Rim in the tranquil subdivision of Colcord Mountain Homesites. The log sided cabin needs some love but has new windows, doors, a new metal roof and an updated bathroom. There is a root cellar waiting to be filled with canned apples from your multiple mature apple trees. Overlooking the apple orchard, peaceful meadow and surrounding mountains in this quiet location is indescribable, you must experience it for yourself. The 2 parcels have a seasonal creek separating the properties. Complete with 2 wells on the large property the level land could accommodate an incredible garden, another house and so much more. There is also a saddle barn and stables if you want to bring your horses. Come sit on your covered deck and watch the wildlife in your front yard. The seasonal creek will flow during a wet winter and monsoon season in the seasonal creek area it is Flood Zone D - Area of possible flood.
Closed
$435,000
862 S Running Elk Rd, Payson, AZ 85541
2beds
1,716sqft
Single Family Residence
Built in 1964
2.43 Acres Lot
$434,700 Zestimate®
$253/sqft
$2,662 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 22, 2025 at 02:41pm
Listed by:
Glori Surman,
ERA YOUNG REALTY-PAYSON
Source: CAAR,MLS#: 92708

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Cooling
- Ceiling Fan(s)
Features
- Kitchen-Dining Combo, Vaulted Ceiling(s), Pantry, Master Main Floor
- Flooring: Carpet, Laminate, Wood
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove, Living Room, Two or More
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Chain Link,Partial
- Has view: Yes
- View description: Trees/Woods, Mountain(s), Rural
- Body of water: Seasonal Creek
Lot
- Size: 2.43 Acres
- Features: Many Trees, Tall Pines on Lot
Details
- Additional structures: Barn(s), Corral(s)
- Parcel number: 30319096A
- Zoning: GU
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story,Cabin,Fix Up
- Property subtype: Single Family Residence
Materials
- Wood Frame, Log Siding
- Roof: Metal
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Payson
- Subdivision: Colcord Mountain
HOA & financial
HOA
- Association name: No HOA
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel