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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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34406 N 12th Street, Phoenix, AZ – $12,500,000

  • $12.5M Price
  • 4.7 Acres
  • $12.5M Price
  • 4.7 Acres

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.

Essential Information

  • MLS® #6968500
  • Price$12,500,000
  • Acres4.70
  • TypeLand
  • StatusActive

Community Information

  • Address34406 N 12th Street
  • SubdivisionCarefree Hwy
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85085

Amenities

  • ViewOther

School Information

  • DistrictDeer Valley Unified District
  • ElementaryDesert Mountain School
  • MiddleDesert Mountain School
  • HighDeer Valley High School

Additional Information

  • ZoningR-43

Listing Details

  • OfficeColdwell Banker Realty
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Coldwell Banker Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on February 12th, 2026 at 3:15am MST.