Discover a unique piece of Arizona history with this incredibly spacious 3-bedroom, 1-bath home, located in the heart of Tonto Village—just 17 miles from Payson and entirely surrounded by the breathtaking Tonto National Forest. This property is more than just a home—it's a story waiting to be rewritten. Once used as a schoolhouse, this one-of-a-kind structure carries a sense of charm and character that's hard to find in today's market. With its large, open floorplan and generous square footage, the home offers endless possibilities for transformation. Whether you're an investor searching for your next fix-and-flip opportunity or a visionary buyer ready to breathe new life into a historic structure, this is the diamond in the rough you've been looking for. The home sits on a spacious lot that is ideal for horse lovers, complete with horse corrals, a tack room, mature trees, and plenty of flat, usable land. The rustic exterior pairs beautifully with its natural surroundings, and the peaceful setting is ideal for those seeking privacy, outdoor adventure, or a tranquil lifestyle away from the hustle and bustle. Inside, you'll find the bones of a home filled with potential. The expansive kitchen and living area could easily be reimagined into a stunning great room, and the high ceilings offer space to create a truly inviting atmosphere. The structure is solid, and with the right updates, it could become a truly remarkable residence or vacation rental. Tonto Village is a hidden gem of a community, beloved for its small-town feel, cooler mountain temps, and outdoor access. With hiking, fishing, and ATV trails practically at your doorstep, this location is a haven for outdoor enthusiasts. Whether you envision a weekend getaway, a primary residence, or an income-generating property, the setting couldn't be more ideal with a bit of vision and elbow grease, this home could become the crown jewel of the village. **Bring your tools, your dreams, and your imaginationthis diamond in the rough is ready to shine!**