34406 N 12TH Street 0, Phoenix, AZ 85085 (MLS# 6968500)

34406 N 12TH Street 0, Phoenix, AZ 85085

$8,900,000

Property Type: Land Lot Size (sq. ft.): 204,732 Status: Active

Current Price: $8,900,000 List Date: 1/15/2026 Last Modified: 6/20/2026

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

Current Price: $8,900,000 List Price: $8,900,000 Status: Active List Date: 2026-01-12 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 34406 Compass: N Street Name: 12TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85085 Zip4: 9200 Country: US County Code: Maricopa Assessor Number: 211-74-012-F Subdivision: Carefree Hwy - 17.9 Acres Tax Year: 2025

General Property Description

Apx Total Acres: 17.9 Apx Total Acres G/N: G Price Per Acre: 497206.7 Apx SqFt: 204732 Price Per SqFt: 43.47 Apx SqFt G/N: G Lot Size Dimensions: 616 x 2,258 Horses: Y Zoning: R-43 Flood Zone: TBD 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

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

Legal Info

Township: 5N Range: 3E Section: 9

Distance To Street

Distance To Street Comments: Adjacent to carefree highway

Showing Notification Methods

Showing Service: No Showing Service Used

Contact Info

List Agent Home Phn: 480-215-1881

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: June - 20 - 2026

34406 N 12TH Street 0, Phoenix, AZ 85085 (MLS# 6968500)