Payson Homes with FHA New Financing

Welcome to Payson, Arizona, a charming town nestled in the heart of Gila County, where the beauty of nature meets the comfort of community living. Known as the "Gateway to the Rim," Payson is surrounded by breathtaking landscapes, including the majestic Mogollon Rim and the serene Tonto National Forest. With its mild climate, abundant outdoor activities, and vibrant local culture, Payson is a haven for families, retirees, and outdoor enthusiasts alike.

As you explore the real estate market in Payson, you'll find a variety of homes that cater to diverse lifestyles and budgets. One of the most appealing options for prospective buyers is the availability of homes with FHA new financing. This financing option is designed to make homeownership more accessible, especially for first-time buyers or those looking to invest in a second home in this picturesque area. With lower down payment requirements and flexible credit guidelines, FHA loans can open the door to your dream home in Payson.

Imagine waking up to the crisp mountain air, with stunning views right outside your window. Whether you prefer a cozy cabin in the woods, a modern family home, or a charming bungalow in a friendly neighborhood, Payson has something for everyone. The local community is warm and welcoming, with a range of amenities, including parks, shops, and dining options that reflect the town's unique character.

Discover the beauty and tranquility of Payson, Arizona, where your dream of homeownership can become a reality with FHA financing. Embrace the lifestyle you've always wanted in this enchanting mountain town!

Newest Payson Homes with FHA New Financing

$455,000

3 Beds ⋅ 2 Baths ⋅ 7092804 MLS

Imagine waking up to sweeping views of the Payson Golf Course and Green Valley Park, sipping your morning coffee against a serene backdrop, and enjoying front-row seats to Arizona's best fireworks show right from your own front yard! Welcome to 1302 W. Lake Dr.--a move-in ready 1,591 sq. ft. single-level ranch retreat sitting on a spacious 0.40-acre landscaped lot with NO HOA and additional vehicle or RV parking on the west side of the driveway. Embracing true one-level living with no interior steps, this 3-bedroom, 2-bathroom home features a highly desirable split floor plan that seamlessly balances privacy with connection, complete with fresh 2026 interior paint throughout. Embrace the ultimate in Living the Payson Lifestyle, where everyday convenience meets mountain charm close to local schools, shopping, and dining. Whether you are looking for a primary residence, a relaxing second home, or an investment opportunity as a short- or long-term rental, this property delivers endless possibilities. Inside, a welcoming foyer opens to a cozy living room anchored by a warm propane or woodburning fireplace. The fully equipped kitchen boasts an abundance of cupboards, prep space, and storage, flowing effortlessly into the formal dining area where you can step outside to a private, partially fenced rear patio. Thoughtful additions include a dedicated utility room with included washer and dryer, deep closet space, a clean blend of carpet, vinyl, and durable laminate flooring, plus an attached 2-car garage for all your gear. Book your private tour today!

1302 W Lake Drive, Payson

$529,000

3 Beds ⋅ 3 Baths ⋅ 7092645 MLS

Gem of a home in Golden Frontier! This beautiful, 1,790-square-foot single-story ranch home features three bedrooms, two bathrooms, and something for everyone. Step inside to a spacious living room boasting dramatic vaulted ceilings, which flows seamlessly into a well-appointed kitchen. The kitchen comes complete with beautiful wood cabinetry, updated countertops (2023), and a brand-new refrigerator (2026). Designed with a split-bedroom layout, the home ensures maximum privacy for the primary suite. Out back, a fabulous, fully covered deck lets you enjoy the outdoors rain or shine from the comfort of your private, in-deck spa. Car enthusiasts and hobbyists will love the extensive parking and storage, including a 2-car garage (24'x24'), an additional single-car garage (14'x24') with an attached workshop, and a bonus backyard shed. New roof (2023) and major mechanical upgrades featuring a high-end Bosch HVAC heat pump and a brand-new water heater, both installed in 2026. Don't let this turn-key treasure get away!

909 S Coronado Way, Payson

$259,000

2 Beds ⋅ 1 Baths ⋅ 7089785 MLS

Charming Payson bungalow with a convenient in-town location and the beauty of Arizona's Rim Country close at hand. Enjoy an easy walk to restaurants and shopping, plus quick access to the main highways in and out of town. The Mogollon Rim and the mountain communities of Pine and Strawberry are within reach, offering opportunities to enjoy the area's cooler-weather seasons. Whether you're looking for a full-time home, a vacation retreat, or a second home in Arizona's White Mountains region, this 700-square-foot property is a delightful place to start. Set on a 0.16-acre lot, the home features two bedrooms, one full bath, a comfortable living area, and an eat-in kitchen. Recent updates include new hardwood flooring, new cabinetry, and a new tub and surround. Dual driveways provide versati parking, with room to accommodate an RV. An inviting front yard and handy rear storage unit add to the appeal. Ready for its next owner to bring their finishing touches and make it their own.

708 N Manzanita Drive, Payson

$360,000

3 Beds ⋅ 2 Baths ⋅ 7088207 MLS

Clean all electric 3 bedroom, 2 bath home featuring a desirable split floor plan with comfortable living spaces and plenty of functionality. Step outside to the private backyard, fully fenced with a wood privacy fence and featuring a nice back patio perfect for outdoor dining, relaxing, or entertaining. A gazebo offers another great space to unwind, while three sheds provide ample storage. The property also includes a nice sized workshop, ideal for hobbies, projects, or extra workspace. A carport provides convenient covered parking. This home offers a great combination of comfort, privacy, storage, and outdoor living space.

2003 N Fredanovich Circle, Payson

$390,000

3 Beds ⋅ 2 Baths ⋅ 7087013 MLS ⋅ 1,595 SqFt.

Nice 3-bedroom site-built home located in a lovely, established Payson neighborhood. This home features a split floor plan with an open great room layout and a comfortable, functional design. An additional room off the back of the home provides flexible space that could be used as an enclosed porch, hobby or craft room, or additional sitting area. Enjoy the fenced backyard and private covered patio--perfect for relaxing or entertaining. Home is being offered in its current 'as-is' condition.

606 N Blue Spruce Road N, Payson

$390,000

3 Beds ⋅ 2 Baths ⋅ 7086677 MLS ⋅ 1,664 SqFt.

Beautiful cabin home nestled on desirable private lot in ''Woodland Meadows'' located in Payson, AZ. This home incorporates a subtle balance of contemporary finishes with a modern design. This home offers 3 bedrooms, 2 bath(s), an open concept [1,664 sq ft] floor plan, upgraded kitchen w/ raised panel cabinetry, granite counter tops, well maintained appliances, gas cooking, and pantry. Additional home details will also include upgraded vinyl flooring, a dedicated dining space, great room living room space, modern plumbing/lighting fixtures, ceiling fans, and lots of windows offering great natural light throughout the living spaces. The master retreat boasts a spacious sleeping quarters, dedicated vanity, large step-in shower, and a walk-in closet. Lastly, the home features a large.. mud/laundry rooms, a 2-car garage, covered porch space, and a private back yard offering low-maintenance landscaping--perfect for entertaining family and friends. Woodland Meadows offers residents lots of scenic walking paths, forest views, and is within close proximity to dining, shopping, and entertainment in downtown.

104 N Lakeshore Road, Payson

$525,000

3 Beds ⋅ 2 Baths ⋅ 7086398 MLS

A river runs through it! Whether you are looking for a tranquil family getaway or a permanent mountain residence, this lovingly maintained, owner-built 1,446 sq ft cabin in desirable Whispering Pines offers unmatched natural beauty. The main living space features 2 bedrooms, 2 full baths, plus a flexible room currently used as a 3rd bedroom. Enjoy an open floor plan with hardwood floors, a dramatic 12-foot cantilevered ceiling, and a bright kitchen island perfect for entertaining, complete with a separate laundry room and foyer/mudroom. Step outside onto your redwood deck to listen to the East Verde River and take in views of the Tonto National Forest. Sitting on 0.64 acres at the end of a quiet road with virtually no traffic, the property boasts approximately 100 feet of riverfront with a sandy beach (plus ~15 feet of land across the river). Because it borders the National Forest in a designated riparian area, no homes will ever be built behind you. Additional highlights include a cozy fireplace with insert, central heat, two portable AC units, covered parking with room for toys, and a working well with a 1,300-gallon holding tank for outdoor watering.No HOA Professional pictures coming soon!

2561 N Juniper Drive N, Payson

$285,000

2 Beds ⋅ 2 Baths ⋅ 7086262 MLS ⋅ 1,280 SqFt.

SINGLE-LEVEL PAYSON HOME! This charming 2-bedroom, 2-bath home offers 1,280 square feet of comfortable single-level living. The open floor plan features a spacious living and dining area with a cozy woodstove, plus an open kitchen with plenty of room for everyday living and entertaining. Enjoy the outdoors from the covered side deck or open front deck, with a fenced yard providing a great space for pets, gardening, or relaxing. Additional features include a single carport and a convenient storage room. A great opportunity for a full-time residence, weekend getaway, or investment property in Payson!

607 E Drowsey Circle, Payson

$424,000

3 Beds ⋅ 2 Baths ⋅ 7085959 MLS ⋅ 1,433 SqFt.

211 N Heritage Lane, Payson

$429,000

3 Beds ⋅ 2 Baths ⋅ 7085957 MLS ⋅ 1,582 SqFt.

Beautifully updated 3-bedroom, 2-bathroom home tucked into the pines of Payson North. Sitting on a spacious, fully-fenced double lot with no HOA, this property offers the space, privacy, and flexibility that's tough to find at this price point. Inside, you'll find fresh, modern updates throughout, making this home truly move-in ready. The versatile Arizona room adds bonus living space perfect for a home office, sunroom, or extra entertaining area, while the attached garage and additional carport provide ample covered parking and storage for vehicles, toys, or a workshop. The fully fenced double lot is a rare find in this price range plenty of room for pets, kids, RV/boat parking, gardening, or future expansion. Enjoy Payson's Payson's cool pine-country climate, with easy access to hiking, the Rim Country, and small-town charm just a short drive from the Valley. Whether you're looking for a primary residence, a mountain getaway, or an investment property, this home checks all the boxes: updated interior, extra covered parking, and tons of usable outdoor space.

1209 N Gila Drive, Payson

$917,000

4 Beds ⋅ 4 Baths ⋅ 7085759 MLS ⋅ 3,976 SqFt.

Experience breathtaking views of Payson and the Mogollon Rim from this beautifully upgraded custom home on a .55 acre hilltop cul de sac lot. A dramatic wall of windows fills the living room with natural light, complemented by a cozy gas fireplace. The main level offers two private primary suites with updated baths and walk in closets, plus an office/den, grand foyer, and oversized utility room with pantry and workspace. Upstairs features two spacious bedrooms with a modern Jack and Jill bath and a versatile loft--ideal as a media or game room. The entertainment center conveys. Major improvements include owned solar, Andersen windows (2019), new siding and exterior paint (2019), roof replacements (2020-21), recessed LED lighting, three heat pumps (two new in 2023-24), additional mini splits, 2025 flooring, new washer/dryer, RV gate with 6 ft fencing, and added 220 power to the deck and garage. Outdoor living shines with a large west facing composite deck, new exterior doors and stairs, mature landscaping, pergola, and fully fenced yard with double gate. Extra gravel parking and an oversized two car garage with built ins add convenience. This home blends luxury, privacy, and panoramic mountain views for exceptional Payson living.

1002 N Hillcrest Drive, Payson

$310,000

2 Beds ⋅ 1 Baths ⋅ 7083990 MLS ⋅ 897 SqFt.

Escape to the mountains and discover your own private slice of Rim Country! Nestled among towering pines in peaceful Colcord Mountain Estates, just 30 minutes east of Payson, this beautifully updated 2-bedroom, 1-bath cabin sits on a spacious ½-acre lot with incredible mountain views.Step inside to a bright, open layout featuring soaring vaulted ceilings, beautiful flooring, modern updates, and a cozy wood-burning stove perfect for chilly mountain evenings. A large picture window brings the outdoors in, filling the living space with natural light while showcasing the surrounding forest and mountain scenery. Outdoor living is just as impressive with an extra-long covered patio made for morning coffee, afternoon relaxation, and evenings under the stars. MORE... The oversized 3-car garage offers plenty of room for vehicles, toys, and storage, plus a dedicated workshop bay for projects and hobbies.Whether you're looking for a full-time mountain home, weekend getaway, or peaceful escape from the Valley heat, this property has it all--privacy, views, fresh mountain air, tall pines, and plenty of room to enjoy the Arizona mountain lifestyle!

254 S Blackfoot Road, Payson

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.