Forest Lakes Homes under $500,000

Welcome to Forest Lakes, Arizona – a hidden gem nestled in the heart of Coconino County! Surrounded by the breathtaking beauty of the Coconino National Forest, Forest Lakes offers a serene escape from the hustle and bustle of city life. With its towering pine trees, pristine lakes, and abundant wildlife, this charming community is perfect for nature lovers and outdoor enthusiasts alike.

Living in Forest Lakes means embracing a lifestyle filled with adventure. Whether you enjoy hiking, fishing, or simply soaking in the stunning landscapes, this area has something for everyone. The nearby lakes provide excellent opportunities for boating and fishing, while the surrounding trails invite you to explore the great outdoors. As the seasons change, the scenery transforms, offering a picturesque backdrop year-round.

For those looking to call Forest Lakes home, you’ll be delighted to know that there are beautiful homes available for under $500,000. These properties offer a range of styles, from cozy cabins to modern retreats, all designed to complement the natural surroundings. Imagine waking up to the sound of chirping birds and the fresh scent of pine trees, all while enjoying the comforts of a well-appointed home.

With its affordable housing options and stunning natural beauty, Forest Lakes is not just a place to live; it’s a lifestyle choice. Discover your next home in this enchanting community and experience the tranquility and charm that Forest Lakes has to offer!

Newest Forest Lakes Homes under $500,000

$412,250

2 Beds ⋅ 1 Baths ⋅ 7054277 MLS ⋅ 960 SqFt.

Escape the Phoenix heat to this charming mountain retreat in Forest Lakes. Located just an easy two-hour drive from the Valley, this high-elevation getaway offers scenic beauty and refreshing summer temperatures in the mid-70s. Tucked off the beaten path and away from the busier neighborhood roads, this property enjoys minimal traffic and low dust, offering true peace and quiet. The cabin delivers that perfect, cozy cabiny aesthetic alongside a complete interior remodel. The inviting living space features warm spruce walls and ceilings, new luxury vinyl plank flooring throughout, a new wood-burning stove, and new windows that fill the home with natural light. Practical updates provide absolute peace of mind, including a new water heater, a beautifully tiled shower, and a fully fire-w ... lot. Outside, the attached deck is perfect for enjoying the cool mountain weather, and the property includes two storage sheds. Whether you are looking for a weekend escape or a turnkey mountain getaway, this adorable Forest Lakes gem is ready for its next chapter.

2486 Bailey Drive, Forest Lakes

$489,900

2 Beds ⋅ 1 Baths ⋅ 7032419 MLS ⋅ 1,152 SqFt.

Tucked away on the quiet loop of Mineral Drive, surrounded by stunning multi-million dollar cabins and towering ponderosa pines, this true log cabin is the kind of place people dream about when they imagine escaping to Forest Lakes. From the moment you arrive, the cabin vibes are undeniable...warm wood tones, the scent of pine in the air, and that cozy feeling that instantly makes you want to slow down & stay awhile. The covered front deck invites lazy mornings with coffee while the rear open deck is perfect for cool summer evenings under the stars. Inside, the cabin lives just right..a welcoming family room centered around a wood-burning stove, a charming kitchen, bathroom, & French doors leading into the main bedroom. Upstairs, the spacious sleeping loft offers additional room for guests game nights, or peaceful afternoons listening to the wind through the trees. This is the perfect weekend getaway..large enough to enjoy comfortably, yet small enough that you won't spend your weekends cleaning and maintaining. A storage shed onsite provides extra room for your mountain gear and outdoor essentials. If you've been searching for the epitome of cabin living in Forest Lakes, this is it.

1448 Mineral Drive, Forest Lakes

$444,900

3 Beds ⋅ 1 Baths ⋅ 7028045 MLS ⋅ 1,056 SqFt.

Nestled among towering Ponderosa Pines this charming 1,056 square foot cabin at 2190 Old Rim Rd offers a perfect blend of rustic character and practical living. Set on a generous 1.05-acre lot, this three bedroom, one-bathroom retreat provides ample space to create your mountain escape. The cabin's great room serves as the heart of the home, featuring a wood-burning fireplace that creates a warm, inviting atmosphere during cool Arizona evenings. The eat-in kitchen provides functionality while maintaining the cabin's cozy aesthetic. A spacious storage room offers versatility - envision transforming it into an indoor laundry area or expanding the primary suite with an additional bathroom. Outdoor living is emphasized with a welcoming porch perfect for morning coffee while taking in the natural surroundings. The property's expansive grounds provide numerous opportunities for gardening, outdoor recreation, or simply enjoying the forest setting. Gather around the backyard fire pit on summer evenings for storytelling and stargazing with family and friends. Practical amenities include a convenient storage shed for outdoor equipment, circular driveway & covered carport offering abundant parking for residents and guests. Plus an RV spot with 30amp hook up, water access and rv dump. The property includes laundry hookups, ensuring modern convenience in this mountain setting. Forest Lakes Estates presents an idyllic location for nature enthusiasts, with nearby lakes providing exceptional opportunities for fishing, boating, and waterfront relaxation. The absence of HOA restrictions allows homeowners complete freedom to personalize their property according to their vision. There is also a full time Fire Dept. / EMS, community center, library, 2 general stores and restaurant/bar. If you need more options make the 20-30 min commute to Heber or back to Payson. Act now to own a piece of Arizona's mountain heritage while creating new memories in a tranquil forest setting. The home is rich in history yet ready for new beginnings, this cabin awaits your personal touch to transform it into your ideal mountain retreat.

2190 Old Rim Road, Forest Lakes

$379,000

2 Beds ⋅ 1 Baths ⋅ 7020619 MLS ⋅ 720 SqFt.

Escape to the cool pines with this inviting 2-bedroom, 1-bath A-frame cabin in Forest Lakes Estates, perfectly situated right off the main highway for easy, year-round access. Nestled on over 1.5 acres of serene, tree-lined land, this property offers the ideal balance of privacy, space, and opportunity--now enhanced with commercial zoning, making it perfect for a getaway, rental, or business venture. Inside, you'll find a warm and welcoming cabin atmosphere with rich wood finishes throughout. The main level features the living room, bathroom, and a cozy wood-burning fireplace, creating the perfect space to gather and unwind during crisp mountain evenings. Both bedrooms are located upstairs, offering a quiet retreat after a day spent enjoying the outdoors. Best of all, the home is fully furnished, making it truly move-in ready. Step outside and take in everything this expansive property has to offer. A seasonal creek meanders through the lot, adding a peaceful, storybook charm. There's plenty of room for entertaining, relaxing, or expanding, with ample space for RVs, boats, and recreational toys. The property also features a huge RV garage, workshop/shed, and unfinished additional living space, giving you flexibility for storage, hobbies, or future guest accommodations. Spend your evenings gathered around the firepit under the stars, surrounded by the quiet beauty of towering ponderosa pines. Whether you're looking for a private mountain escape, an income-producing property, or a unique commercial opportunity, this one delivers. Conveniently located under an hour to Payson, 45 minutes to Show Low, and approximately 2 hours from the Valley, this property offers both accessibility and that "getaway" feeling buyers are searching for. There is no HOA but the subdivision does have a FLOA- Forest Lakes Owner Association with a $50 annually fee, please, see documents Tab for information

1053 Pond Circle, Forest Lakes

$395,000

3 Beds ⋅ 2 Baths ⋅ 7010688 MLS ⋅ 1,378 SqFt.

Very nice manuf home in Forest Lakes. Spacious master BR, eat in kitchen, inside laundry room. There are both front and back large, covered porches. Oversized 2 car garage constructed with 2x6's provides room for all your toys. Lot orientation is very private. Lots of room to spread out and enjoy Forest Lakes' amazing climate. Rollup security shades all around. You won't find a nicer home in the area with a garage this nice at this price point.

659 Mule Springs Trail, Forest Lakes

$350,000

2 Beds ⋅ 1 Baths ⋅ 6974326 MLS ⋅ 745 SqFt.

**Private Financing Available to Qualified Buyers** Dream Turn-Key Cottage in Arizona's Gem - Forest Lakes! Welcome to your tranquil retreat in the heart of Arizona's Rim Country! This turn-key furnished cottage, nestled on a serene 1-acre cabin site along a quiet country lane, is now available. Just bring your luggage and step into a world of relaxation and enjoyment in the captivating Forest Lakes, all at a bargain foot in the door price! Unmatched Comfort and Convenience: This charming cottage is in great condition, ready for you to start making memories right away. Step onto the large covered deck and experience the delight of a summer rain shower while being sheltered from the elements. Host BBQs with friends and family, and gather around an open.... ...fire to make s'mores, creating cherished moments in the cool country lifestyle. **Complete Workshop:** Calling all hobbyists and DIY enthusiasts! This cottage comes with a separate shop building, fully equipped with a variety of tools, including a miter saw, table saw, chain saws, and more. Unleash your creativity and bring your projects to life in this fantastic workshop space. **Year-Round Bliss and Natural Beauty:** Experience the joy of year-round accessibility and the magic of four distinct seasons. With average summer highs in the pleasant mid-70s, you'll enjoy comfortable temperatures throughout the year. Imagine owning your own private sanctuary, surrounded by the world's largest stand of majestic ponderosa pine trees - a breathtaking setting that offers solace and peace amidst nature's wonders. **Gateway to Adventure:** Forest Lakes, an island within the Sitgreaves National Forest, invites you to embrace countless recreational opportunities. Explore the magnificent Mogollon Rim Country, where stunning Rim Lakes such as Willow Springs Lake, Woods Canyon Lake, and Black Canyon Lake await your discovery. Whether you enjoy angling in teeming streams, embarking on exhilarating hikes, off-road 4-wheel adventures, or scenic horseback rides along hundreds of miles of trails, this awe-inspiring landscape has it all. **Seize the Opportunity:** Don't miss out on this incredible chance to own a splendid family cabin in the captivating Forest Lakes. Embrace the beauty of nature and the exciting adventures that await you. Take action today and see this dream cottage for yourself. Your perfect retreat awaits! Act now, and make this slice of paradise yours.

2224 Daisy Trail, Forest Lakes

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