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1151 S 550 E, Payson, UT 84651
Reduced from $564,990 · 6 days ago
1151 S 550 E, Payson, UT 84651
Type
SFR
List Price
$564,000
Price/Sqft
$184
Est Gross Yield
4.9%
$27,660/yr est.
This 4-bedroom, 2.5-bath home is nestled near the entrance to Payson Canyon, offering quick access to some of the area's best outdoor recreation including hiking, biking, camping, and scenic trails. Just around the corner, a nearby walking path leads directly to a local park, adding even more convenience and enjoyment to the location. While the home is close to shopping, dining, schools, and freeway access, it still offers a peaceful setting with beautiful mountain views and a more tucked-away feel. Inside, the home features multiple vaulted ceilings in the entryway, living room, and primary bedroom, creating an open and spacious atmosphere throughout. Recent updates include new flooring, carpet, and appliances, giving the home a fresh and modern feel. The primary suite includes a walk-in closet, soaking tub, and separate shower for added comfort and functionality. The unfinished basement provides an excellent opportunity for future expansion, with the potential for two extra rooms and full bath, storage, or customization to fit your needs. Outside, enjoy a backyard patio ideal for grilling, entertaining, or simply relaxing and taking in the surroundings. Included with the sale are the ceiling mounted overhead garage storage racks and the Orbit B-hyve sprinkler controller. Combining comfort, thoughtful updates, flexible living space, and convenient access to both recreation and everyday amenities, this home offers a wonderful opportunity to enjoy all that the area has to offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Hannah Ellsworth · C-21 Bushnell
1151 S 550 E, Payson, UT 84651
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Cap Rate
3.26%
Cash-on-Cash
-3.77%
Cash Flow
-$665/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 2:00:50 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.