Discover the potential of this 20.23-acre gem in Payson, Arizona, strategically located near the Bee Line Highway and the lively rodeo grounds. This expansive property, is also available for purchase in separate parcels. to offers a unique investment opportunity. The first option boasts 13.72 acres, a combination of existing APN 304-18-002A, APN 304-18-001A, and APN 304-18-002B, priced at $2.79 million. Alternatively, the second parcel comprises 6.51 acres from existing Assessor Parcel Number (APN) 304-15-310E, available for $1.49 million. With pre-approval from the city in 2008 for housing multiple dwelling units, as well as a hotel and entertainment facilities, this property is primed for a visionary development that seamlessly blends nature and urban living.