34406 N 12th Street, Phoenix, AZ 85085
- $8,900,000
- List Price
- $8,900,000
- Price Change
- ▼ $3,600,000 1782009884
- Days on Market
- 196
- Status
- ACTIVE
- MLS#
- 6968500
- City
- Phoenix
- Lot Size
- 204,732
- Subdivision
- Carefree Hwy - 17.9 Acres
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.
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Additional Information
- Elementary School
- Desert Mountain School
- High School
- Deer Valley High School
- Middle School
- Desert Mountain School
- Acres
- 17.90
- Electric
- APS
- Fencing
- Pipe
- Horse Features
- Other
- Horses
- Yes
- Lot Size
- 204,732
- New Financing
- Cash, Conventional
- Sewer
- Other
- Subdivision
- Carefree Hwy - 17.9 Acres
- Taxes
- $11,343
- Tax Year
- 2025
- Vegetation
- Natural Vegetation
- Water
- City Franchise, Private, Domestic
- Zoning
- R-43
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Listing courtesy of Coldwell Banker Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.