Carefree Hwy - 17.9 Acres
Property • Land
Web ID # 6968500
$8,900,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
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.
Located at the southeast corner of 12 St and Deer Valley Highway.
Dwelling Type: Land
Subdivision: Carefree Hwy - 17.9 Acres
Year Built: N/A, County: US
Located at the southeast corner of 12 St and Deer Valley Highway.
Listing is courtesy of Coldwell Banker Realty
