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34406 N 12th Street, 
Phoenix, AZ 85085

$12,500,000

—

Bed

—

Bath

-

Sq Ft

4.70

Acres (Lot)

Land

Active

Listed by

Andy Berglund
Coldwell Banker Realty

480-951-1010

Last updated:

January 23, 2026, 05:02 PM

MLS#

6968500

Source:

ARMLS

Company Logo

About This Land

34406 N 12th Street

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

4.70

MLS #:

6968500

Last Updated:

January 23, 2026, 05:02 PM

Finances & Disclosures

Finances

Price:

$12,500,000

34406 N 12th Street
office logo

Andy Berglund

(480) 215-1881

(480) 215-1881

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.