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$12,500,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 4.7 Acres
  • Updated 15 hours ago
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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.

Full Property Details for 34406 N 12th St

General

  • Price: $12,500,000
  • Taxes: $11,343 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6968500
  • Updated: Today (1/15/2026)
  • Added to Site: Today

Location

  • County: Maricopa
  • Township: 5N
  • Subdivision: Carefree Hwy
  • Cross Streets: 12th Street & Carefree Hwy
  • Dist. to Street: Adjacent to carefree highway

Utilities

  • Dist. to Gas: None
  • Dist. to Electric: On Property
  • Dist. to Sewer: Call Listing Office
  • Water: Domestic Well, City Franchise, Private
  • Dist. to Water: On Property
  • Well: Yes
  • Dist. to Telecomm: Call Listing Office

Additional Structures

  • Other Structures: Garage(s), Residence

Lot Features

  • Property View: Other
  • Lot Size (Acres): 4.7
  • Lot Size (Sq. Ft.): 204,732
  • Lot Dimensions: 616 x 2, 258
  • Frontage: Gravel
  • Development Status: Other, Raw Land
  • Trees/Vegetation: Natural Vegetation
  • Zoning: R-43

Horse Property

  • Horse Property: Yes
  • Horse Facility Desc.: Other

Financial Considerations

  • Tax Amount: $11,343
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: S2 NE4 NE4 NW4 EX E 40' RD 4.70 AC
  • Property ID: 211-74-012-F
  • Range: 3E
  • Section: 9
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 34406 N 12th St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 34406 N 12th St

School District:Deer Valley Unified District
NameGradesDistance
Desert Mountain Middle School
35959 N 7th Ave, Desert Hills, AZ 85086
PK-81.5 mi
Boulder Creek High School
40404 N Gavilan Peak Pkwy, Phoenix, AZ 85086
9-126.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 34406 N 12th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$12,500,000
420.83%
MLS
2/15/2022
Sold
$2,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 34406 N 12th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,343
-1%
$175,642
3%
2024
$11,495
318%
$169,842
—
2023
$2,749
4%
$169,159
420%
2022
$2,650
—
$32,501
14%
2022
$2,650
-1%
$28,457
7%
2021
$2,673
2%
$26,547
-1%
2020
$2,618
3%
$26,915
6%
2019
$2,538
5%
$25,463
8%
2018
$2,408
-8%
$23,575
-1%
2017
$2,623
9%
$23,820
6%
2016
$2,404
9%
$22,550
14%
2015
$2,211
-1%
$19,770
13%
2014
$2,226
15%
$17,450
24%
2013
$1,935
—
$14,070
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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34406 N 12th Street, Phoenix, AZ 85085 (MLS# 6968500) is a Lots/Land property with a lot size of 4.7 acres. 34406 N 12th Street is currently listed for $12,500,000 and was received on January 15, 2026. This property is listed by Andy Berglund from our North Scottsdale Office.Want to learn more about 34406 N 12th Street? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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