34406 N 12th Street, Phoenix, AZ 85085
Local realty services provided by:CENTURY 21 Arizona West
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 15, 2026 at 11:32 AM
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
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