34406 N 12th Street, Phoenix, AZ 85085

$8,900,000

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List Price
$8,900,000
Status
ACTIVE
Price Change
▼ $3,600,000 1782009884
Days on Market
242
MLS#
6968500
City
Phoenix
Lot Size
204,732
Acres
17.90

Property Description

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.

Additional Information

Taxes
$11,343
Horses
Yes
Horse Features
Other
Zoning
R-43
Vegetation
Natural Vegetation
Fencing
Pipe
Subdivision
Carefree Hwy - 17.9 Acres
Electric
APS
Water
City Franchise, Private, Domestic
Sewer
Other
New Financing
Cash, Conventional
Elementary School
Desert Mountain School
Middle School
Desert Mountain School
High School
Deer Valley High School

Courtesy of Coldwell Banker Realty. 480-951-1010

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