34406 N 12TH Street 0, Phoenix, AZ 85085
$12,500,000
Property Type: Land Lot Size (sq. ft.): 204,732 Status: Active
Current Price: $12,500,000 List Date: 1/15/2026 Last Modified: 1/15/2026
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.
More Information MLS# 6968500
Contract Information
Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $12,500,000 List Price: $12,500,000 Status: Active List Date: 2026-01-12
Location, Tax & Legal
Lot #: 0 Assessor's Map #: 74 Legal Description (Abbrev): S2 NE4 NE4 NW4 EX E 40' RD 4.70 AC Assessor's Parcel #: 12 Assessor Parcel Ltr: F Add'l Parcels: Yes Tax Municipality: Maricopa - COUNTY Census Tract: 612000 Taxes: 11343 Marketing Name: 17.9 Acres House Number: 34406 Compass: N Street Name: 12TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85085 Zip4: 9200 County Code: Maricopa Assessor Number: 211-74-012-F Subdivision: Carefree Hwy Tax Year: 2025
General Property Description
Apx Total Acres: 4.7 Apx Total Acres G/N: G Price Per Acre: 2659574.47 Apx SqFt: 204732 Price Per SqFt: 61.06 Apx SqFt G/N: G Lot Size Dimensions: 616 x 2,258 Flood Zone: TBD Horses: Y Elementary School District: Deer Valley Unified District High School District: Deer Valley Unified District Elementary School: Desert Mountain School Jr. High School: Desert Mountain School High School: Deer Valley High School Zoning: R-43
Legal Info
Range: 3E Section: 9 Township: 5N
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 12500000 Total Owed: 0
Assoc/Prop Info
HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used Text: 1 Phone Call: 1
Lockbox Type
See Private Remarks: 1
Existing Land Use
Commercial Lot: 1 Other (See Rmks): 1
Zoned Presently
Other (See Rmks): 1
Potential Use
Single Family: 1 Commercial: 1
Parcel Size
10.00 - 19.99 Acres: 1
Proposed Density
Other (See Rmks): 1
Development Status
Raw Land: 1 Other: 1
View
Other: 1
Elevation
2,001 - 3,000 Ft: 1
Vegetation
Natural Vegetation: 1
Land Configuration
Square Rectangular: 1
Road Access Type
City Street: 1
Road Surface Type
Gravel: 1
Distance To Street
Distance To Street Comments: Adjacent to carefree highway
Traffic Count
Not Available: 1
Fencing
Pipe: 1
Water Source
City Franchise: 1 Private: 1 Domestic Well: 1
Freeway/Highway
Frontage: 1
Sewer
Septic Tank: 1 Other: 1
Electric
APS: 1
Topography
Level: 1
Gas
None: 1
Existing Structures
Garage(s): 1 Residence: 1
Irrigation
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1 Conventional: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
On Property: 1
Existing 1st Loan
Conventional: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
None: 1
Distance to Sewer
Call Listing Office: 1
Horse Features
Other: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Boundary Survey Avlb: 1 Water Well Report: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-215-1881
Remarks Misc
Cross Street: 12th Street & Carefree Hwy Directions: Located at the southeast corner of 12 St and Deer Valley Highway. Geo Lat: 33.797724 Geo Lon: -112.057839
Property Features
Special Listing Cond: N/A Existing Land Use: Commercial Lot; Other (See Rmks) Zoned Presently: Other (See Rmks) Potential Use: Single Family; Commercial Parcel Size: 10.00 - 19.99 Acres Proposed Density: Other (See Rmks) Development Status: Raw Land; Other View: Other Elevation: 2,001 - 3,000 Ft Vegetation: Natural Vegetation Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Gravel Traffic Count: Not Available Topography: Level Existing Structures: Garage(s); Residence Water Source: City Franchise; Private; Domestic Well Irrigation: None Sewer: Septic Tank; Other Electric: APS Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None Horse Features: Other Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks Fencing: Pipe
Documents
Lot map and dimensions › Listing Office: Coldwell Banker Realty
Last Updated: January - 15 - 2026
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