34406 N 12th Street, Phoenix, AZ 85085

$8,900,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$8,900,000
Status
ACTIVE
Days on Market
221
Price Change
▼ $3,600,000 1782009884
MLS#
6968500
Subtype
Land
Lot Size
204,732
Acres
17.90
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.

Additional Information

Taxes
$11,343
Zoning
R-43
Elementary School
Desert Mountain School
Middle School
Desert Mountain School
High School
Deer Valley High School
View
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Andy K Berglund (480-215-1881) from Listing Office: 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.