$2,850,000
Tempe, AZ 85284
MLS# 7057029
3 beds | 2 baths
1 / 9
Property Description
An exceptional redevelopment opportunity in the prestigious Tally Ho Farms community! Situated on a sprawling 1.34-acre lot in one of Tempe's most coveted luxury neighborhoods, this property is being offered primarily for land value and is an ideal scrape-and-build opportunity for investors, developers, or those looking to create a custom estate. Surrounded by multimillion-dollar homes, this premier parcel offers endless potential in an area where luxury development continues to thrive. A recent nearby sale closed at $6,500,000, highlighting the incredible upside and strong demand for new construction in the neighborhood.
Details
Maps
Contract Information
List Price: $2,850,000
Status: Active
Current Price: $2,850,000
List Date: 2026-07-21
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 12001
Compass: S
Street Name: 71ST
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85284
Zip4: 2316
Country: US
County Code: Maricopa
Assessor Number: 301-52-024-D
Subdivision: TALLY HO FARMS 2
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1716
Price/SqFt: 1660.84
Horses: Y
Builder Name: UNK
Year Built: 1971
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 58476
Approx Lot Acres: 1.342
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Kyrene Elementary District
High School District: Tempe Union High School District
Elementary School: Kyrene Middle School
Jr. High School: Kyrene Middle School
High School: Corona Del Sol High School
Remarks Misc
Cross Street: Rural & Warner
Directions: From Rural & Warner - Head West on Warner to 71st St. Turn Right on 71st St. Property on Right.
Geo Lat: 33.337957
Geo Lon: -111.930029
Legal Info
Township: 1S
Range: 4E
Section: 15
Lot Number: 13
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 4
Slab Parking Spaces: 4
Total Covered Spaces: 4
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm
Fireplace Features: Wood Burning
Flooring: Tile; Vinyl
Spa: None
Dining Area: Formal
Kitchen Features: Electric Oven; Non-laminate Counter
Laundry: Inside
Construction: Block
Const - Finish: Painted
Roofing: Shake
Cooling: Central Air; Heat Pump
Heating: Heat Pump
Utilities: SRP
Water Source: City Water
Irrigation: Flood
Sewer: Septic Tank
Fencing: Block; Chain Link
Landscaping: Grass Front; Grass Back; Irrigation Front; Irrigation Back
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Agency Discl Req
Supplements
With ample space to design a world-class residence complete with guest house, resort-style amenities, RV garages, or private sport courts (subject to applicable approvals), opportunities like this are becoming increasingly rare. Bring your vision and capitalize on one of the last premier redevelopment opportunities in Tally Ho Farms.
Listing Office: Keller Williams Realty Phoenix
Last Updated: July - 22 - 2026
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