MLS# 6968500 – 34406 N 12th Street #0, Phoenix, AZ 85085

Price: $8,900,000
Lot Size Acres: 4.70
Lot Size SqFt: 204,732
Status: Active
Days on Website: 232

Courtesy of Coldwell Banker Realty

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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Property Details and Features

  • Property Access
  • Road Surface: Gravel
  • Disclosures
  • Boundary Survey Avlb
  • Water Well Report
  • Fence
  • Pipe
  • Listing
  • Listing ID: 6968500
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-01-15
  • 234 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: Carefree Hwy – 17.9 Acres
  • County/Parish: Maricopa
  • Distance to Street: Adjacent to carefree highway
  • Lot
  • 17.9 acres
  • Dimensions: 616 x 2,258
  • Topography: Level
  • Natural Vegetation
  • Property
  • Other structures: Garage(s), Residence
  • Schools
  • Elementary School: Desert Mountain School
  • Elementary School District: Deer Valley Unified District
  • Middle School: Desert Mountain School
  • High School: Deer Valley High School
  • High School District: Deer Valley Unified District
  • Sewer
  • Septic Tank
  • Taxes
  • Additional parcels description:
  • Parcel Number: 211-74-012-F
  • Public Survey Range: 3E
  • Public Survey Section: 9
  • Annual Amount: $11,343
  • Tax Book Number: 211.00
  • Legal Description: S2 NE4 NE4 NW4 EX E 40′ RD 4.70 AC
  • Map Number: 74.00
  • Parcel Letter: F
  • Year: 2025
  • Zoning: R-43
  • Utilities
  • Water Source: Domestic Well, City Franchise, Private
  • APS

Property Map

$8,900,000 – 34406 N 12th Street #0, Phoenix, AZ 85085

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This content last updated on September 4, 2026 11:18PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.