34406 N 12TH Street #0, Phoenix, AZ 85085

  • Active

 $12,500,000

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • Sq.Ft.
  • Land
  • Active
  • MLS# 6968500
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

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.

Property Details

General

  • Subdivision: Carefree Hwy - 17.9 Acres
  • County: Maricopa
  • Lot Size: 17.9000
  • Lot Dimensions: 616 x 2, 258

Schools

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

Financial Considerations

  • Tax Amount: $11,343
  • Tax Year: 2025

Activity

  • Days On Market: 288
  • List Date: 01/12/2026
 

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