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.
Lot/land
Price cut: $3.6M (6/20)
$8,900,000
34406 N 12TH Street #0, Phoenix, AZ 85085
--beds
--baths
4.7Acres
Land
Built in ----
4.7 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 231 days
- 55
- 2
Zillow last checked:
Listing updated:
Listed by:
Andy K Berglund 480-215-1881,
Coldwell Banker Realty
Source: ARMLS,MLS#: 6968500

Facts & features
Property
Features
- Fencing: Pipe
- Has view: Yes
- View description: Other
Lot
- Size: 4.7 Acres
- Dimensions: 616 x 2,258
- Topography: Level
- Residential vegetation: Natural Vegetation
Details
- Additional structures: Garage(s), Residence
- Parcel number: 21174012F
- Zoning: R-43
- Horses can be raised: Yes
- Horse amenities: Other
Utilities & green energy
- Electric: APS
- Sewer: Other, Septic Tank
- Water: Domestic Well, City Franchise, Private
Community & HOA
Community
- Subdivision: Carefree Hwy - 17.9 Acres
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $11,343
- Date on market: 1/15/2026
- Cumulative days on market: 230 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Price change | $8,900,000-28.8% |
Source: | ||
| 1/15/2026 | Listed for sale | $12,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 85085
Nearby schools
Schools provided by the listing agent
- Elementary: Desert Mountain School
- Middle: Desert Mountain School
- High: Deer Valley High School
- District: Deer Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





