158 Acres in Payson, AZ - $1,500,000

158 acres Payson

January 2020 update: PRICE REDUCED NOW TO: $1,500,000 Unbelievable new pricing for Payson, AZs largest piece of land at 158 acres! Either complete the development to roll out Payson's largest development in years, or keep it intact as a large estate property with a 20,000 square foot covered arena!

Canyon River Ranchs 158.12 acres is located 6.5 miles west of Payson surrounded by Tonto National Forest. It has a 20,000 s.f. covered arena, 5,664 s.f. covered pavilion, decorative water tank tower and a large water storage tank with pump house. The property has final plat approval for 116 lots, a new owner can either complete the development or keep it as an estate sized ranch in one of Arizonas most sought-after areas. This is one of the last big parcels in the Payson area and is a tremendous opportunity to roll out one of the largest subdivisions in years in this market.