For Sale Lot / Land MLS# 6968500

34406 N 12TH Street 0

Phoenix, AZ 85085

$8,900,000

About 34406 N 12TH Street 0

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
4.7
Original price
$12,500,000
MLS #
6968500

Exterior & lot

Features
Garage(s), Residence
Lot
R-43, 21174012F, Pipe, Level
Fence
Pipe

Schools

District
Deer Valley Unified District
Elementary
Desert Mountain School
Middle
Desert Mountain School
High
Deer Valley High School

Utilities

Utilities
Other, Septic Tank, Domestic Well, City Franchise, Private
Water
Domestic Well, City Franchise, Private
Sewer
Other, Septic Tank

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$11,343
Tax year
2025
Parcel
21174012F

Location

Subdivision
Carefree Hwy - 17.9 Acres
County
Maricopa
Community
Maricopa, Gravel, Arizona Regional Multiple Listing Service 2, Deer Valley Unified District
Directions
Located at the southeast corner of 12 St and Deer Valley Highway.

Location

Neighborhood
Carefree Hwy - 17.9 Acres
School district
Deer Valley Unified District

Ask about this property

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Listed by Andy K Berglund, Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.