34406 N 12th Street, Phoenix, AZ 85085

Phoenix
Local realty services provided by:Success Property Brokers ERA Powered
34406 N 12th Street,Phoenix, AZ 85085
$8,900,000
  • 17.9 Acres
  • Lots / Land
  • Active
Listed by: andy k berglund
Office: coldwell banker realty
MLS#:6968500
Source:ARMLS

Price summary

  • Price:$8,900,000

About this home

Prime 17.9-acre parcel featuring approximately 616 feet of frontage along Carefree Highway. APS power is available to the property. A rare and significant asset includes three water sources: a 1'' city meter, a newly drilled well capable of producing up to 20 GPM (metered to 12 GPM), and an existing well producing approximately 3-5 GPM. Notably, the City of Cave Creek has not issued new water meters since December 2021. Currently zoned R-43, with the seller actively working with the county toward rezoning to C-2 zoning. Seller plans to invest over $1,000,000 in landscaping and drainage improvements. Survey completed, with traffic count study and topographic map underway. NOTE: Parcels 211-74-011, 211-74-012-F, & 211-74-015) are to be sold as a single transaction.

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Home facts

  • Subdivision & Development:Carefree Hwy - 17.9 Acres
  • Listing ID #:6968500
  • Updated:August 13, 2026 at 03:07 PM

Structure and exterior

  • Lot area:17.9 Acres

Schools

  • High school:Deer Valley High School
  • Middle school:Desert Mountain School
  • Elementary school:Desert Mountain School

Utilities

  • Water:City Franchise, Domestic Well

Finances and disclosures

  • Price:$8,900,000
  • Tax amount:$11,343 (2025)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short

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