tomo logo

$1,897,000

Beds
4
Baths
4.0
sq ft
4,477

1705 East Desert Mimosa Drive, Payson, AZ 85541

1705 East Desert Mimosa Drive

Payson, AZ 85541

  • 8 days on market
Majestic and refined, this exceptional mountain estate includes a charming guest casita nestled beside a welcoming courtyard. The main residence showcases timeless post and beam construction, soaring vaulted wood ceilings, and walls adorned with Venetian plaster, offering both warmth and sophistication. The luxurious master suite is thoughtfully complemented by an executive office, featuring custom-built cabinetry and shelving. The expansive lower level presents a guest bedroom and an impressive wine cellar, perfect for hosting family and friends. This home is rich in designer details, including bespoke cabinetry, exquisite hardwood and slate flooring, and a state-of-the-art sound system that extends throughout the property. The private courtyard, enclosed by stately stone walls, features a tranquil fountain and an outdoor gas fireplace with an intimate seating area, providing an ideal setting for relaxation and entertaining. Further enhancing the home's appeal is an additional patio area equipped with a built-in BBQ and fire pit, perfect for al fresco dining while savoring the crisp mountain air and panoramic views of the awe-inspiring Mogollon Rim. Blending luxury with the natural beauty of its surroundings, this property epitomizes refined mountain living. A brand-new concrete tile roof was installed in September, ensuring lasting quality and durability.

Details

Property type

Single Family Residence

Est. home value

$1,588,336

Lot size

0.95 acres

Price per sq ft

$424

Year built

2006

Annual property taxes

$9,221

Monthly HOA fee

$177.33

Price History

01/15/2025
ArizonaRegional

ArizonaRegional #6805224

Listed
$1,897,000
-0.11%
01/08/2025
ArizonaRegional

ArizonaRegional #6738346

Removed
$1,899,000
01/02/2025
ArizonaRegional

ArizonaRegional #6738346

Listed
$1,899,000

Schools & Community

Elementary school: 

Payson Elementary School

Middle school: 

Rim Country Middle School

High school: 

Payson High School

Community features: 

Gated, Golf, Tennis Court(s), Playground, Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Payson Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Finance Of America Mortgage Llc

Loan start date

August 2022

Original loan amount

$2,775,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Ronald R Hansen and Nancy C Hansen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/24/2025 at 10:25 AM

Listing updated: 01/16/2025 at 3:46 PM

Listed by: Blake St John, Engel & Voelkers Scottsdale Phone #: (480) 515-5900

MLS: ArizonaRegional #6805224

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