Listing provided courtesy of Coldwell Banker Realty- MLS# 6968500MLS Provider

34406 N 12TH Street #0Phoenix, AZ 85085

Vacant Land · 17.90 Acres
$8,900,000 Active

34406 N 12TH Street #0 Overview

Time on Site:
166 days
Visits:
1

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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34406 N 12TH Street #0 Facts & Features

  • Type Vacant Land
  • Lot 17.90 Acres

Details

General

Association/HOA

  • Association: false

Distance to Services

  • Distance To Electric Comments: On Property
  • Distance To Gas Comments: None
  • Distance To Phone Service Comments: Call Listing Office
  • Distance To Sewer Comments: Call Listing Office
  • Distance To Street Comments: Adjacent to carefree highway
  • Distance To Water Comments: On Property

School Information

  • School District: Deer Valley Unified District
  • Elementary School: Desert Mountain School
  • Middle Or Junior School: Desert Mountain School
  • High School: Deer Valley High School

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: Carefree Hwy - 17.9 Acres
  • Township: 5N

Community/Development

  • Development Status: Other,Raw Land

Tax Information

  • Tax Annual Amount: $11,343.00
  • Tax Year: 2025

General Information

  • Disclosures: Boundary Survey Avlb,Water Well Report
  • Listing Terms: Cash,Conventional
  • Parcel Number: 211-74-012-F
  • Possible Use: Single Family,Commercial
  • Property Type: Land
  • Special Listing Conditions: N/A
  • Zoning: R-43

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS

Unit Information

  • Unit Number: 0

Exterior

Lot Information

  • Additional Parcels: true
  • Lot Size Acres: 17.9
  • Lot Size Area: 17.9
  • Lot Size Dimensions: 616 x 2,258
  • Lot Size Square Feet: 204732.0
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Topography: Level
  • Vegetation: Natural Vegetation
  • Water Source: Domestic Well,City Franchise,Private

Waterfront/View

  • View: Other

General Information

  • Fencing: Pipe
  • Horse Amenities: Other
  • Horse: true
  • Other Structures: Garage(s),Residence
  • Sewer: Other,Septic Tank

34406 N 12TH Street #0 Neighborhood

Community

85085 (Phoenix) Demographics

36
Median Age
961
Population Density (per sq. mile)
60%
College Educated
$98,714
Estimated Median Income
5,412
Estimated Total Home Owners
3,940
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

34406 N 12TH Street #0 Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

34406 N 12TH Street #0 Market Data

Based on the last 30 days in this zip code

$745,876
Average List Price
$293
Average Price per Square Foot
41
Properties Sold
86
Average Days on Market
248
Properties for Sale
Calculations provided by Reliance Network

34406 N 12TH Street #0 History

Date Event Value Agent
6/20/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$8,900,000 -28.8%
1/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
January 15, 2026