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$2,850,000 Just Listed
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Property Description
An exceptional redevelopment opportunity in the prestigious Tally Ho Farms community! Situated on a sprawling 1.34-acre lot in one of Tempe's most coveted luxury neighborhoods, this property is being offered primarily for land value and is an ideal scrape-and-build opportunity for investors, developers, or those looking to create a custom estate. Surrounded by multimillion-dollar homes, this premier parcel offers endless potential in an area where luxury development continues to thrive. A recent nearby sale closed at $6,500,000, highlighting the incredible upside and strong demand for new construction in the neighborhood. With ample space to design a world-class residence complete with guest house, resort-style amenities, RV garages, or private sport courts (subject to applicable approvals), opportunities like this are becoming increasingly rare. Bring your vision and capitalize on one of the last premier redevelopment opportunities in Tally Ho Farms.
Full Property Details
Full Property Details for 12001 S 71st St
General
- Price: $2,850,000
- Taxes: $3,813 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7057029
- Updated: 7/23/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Non-laminate Counter, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Electric Oven
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Location
- County: Maricopa
- Township: 1S
- Subdivision: TALLY HO FARMS 2
- Cross Streets: Rural & Warner
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air
- Heating Type: Heat Pump
Utilities
- Water: City Water
Structural Information
- Builder: UNK
- Exterior Const.: Painted, Block
- Roof: Shake
- Sq. Ft. Source: Assessor
- Year Built: 1971
Lot Features
- Lot Size (Acres): 1.34
- Lot Size (Sq. Ft.): 58,476
- Lot Size Source: Assessor
- Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $3,813
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: TALLY-HO FARMS 2 MCR 108-39 W2 LOT 13 & TH PT ABAND RD (EL FREDA R/W) LY ADJ & NLY SD LOT P/F 95-031
- Property ID: 301-52-024-D
- Range: 4E
- Section: 15
- Lot Number: 13
Listed by Keller Williams Realty Phoenix
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Price & Sales History for 12001 S 71st St
Date
Details
Price
Change
Source
7/22/2026
Listed
$2,850,000
—
MLS
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
Tax History for 12001 S 71st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,813
4%
$71,360
25%
2024
$3,677
9%
$57,220
-15%
2022
$3,380
—
$67,130
17%
2022
$3,380
—
$57,570
30%
2022
$3,380
-4%
$44,450
2%
2021
$3,512
2%
$43,510
8%
2020
$3,429
7%
$40,350
24%
2018
$3,209
4%
$32,430
5%
2017
$3,076
-1%
$30,970
4%
2016
$3,119
8%
$29,710
-5%
2015
$2,882
-1%
$31,130
15%
2014
$2,906
16%
$26,960
25%
2013
$2,496
—
$21,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12001 S 71st St
12001 S 71st Street, Tempe, AZ 85284 (MLS# 7057029) is a Single Family property with 3 bedrooms and 2 full bathrooms. 12001 S 71st Street is currently listed for $2,850,000 and was received on July 22, 2026. Want to learn more about 12001 S 71st Street? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

