34406 N 12th Street, Phoenix, AZ 85085

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
34406 N 12th Street,Phoenix, AZ 85085
$12,500,000
  • 4.7 Acres
  • Lots / Land
  • Active
Listed by: andy k berglund
Office: coldwell banker realty
MLS#:6968500
Source:ARMLS

Price summary

  • Price:$12,500,000

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

  • Listing ID #:6968500
  • Updated:January 23, 2026 at 05:02 PM

Structure and exterior

  • Lot area:4.7 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:$12,500,000
  • Tax amount:$11,343 (2025)
All 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.

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