12001 S 71ST Street, Tempe, AZ 85284 (MLS# 7057029)

12001 S 71ST Street, Tempe, AZ 85284

$2,850,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,716 Lot Size (sq. ft.): 58,476 Status: Active

Current Price: $2,850,000 Last Modified: 7/22/2026

Overview

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.

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 Details MLS# 7057029

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
Assessor's Map #: 52
Legal Description (Abbrev): TALLY-HO FARMS 2 MCR 108-39 W2 LOT 13 & TH PT ABAND RD (EL FREDA R/W) LY ADJ & NLY SD LOT P/F 95-031
Assessor's Parcel #: 24
Assessor Parcel Ltr: D
Tax Municipality: Tempe
Taxes: 3813

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# 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: Yes
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
Half Bathrooms: 0

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.

Legal Info

Township: 1S
Range: 4E
Section: 15
Lot Number: 13

Basement

Basement Y/N: N

More Information

Parking Spaces

Carport Spaces: 4
Slab Parking Spaces: 4
Total Covered Spaces: 4

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Special Listing Cond

N/A: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Shake: Yes

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

None: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Fireplace Features

Wood Burning: Yes

Flooring

Tile: Yes
Vinyl: Yes

Dining Area

Formal: Yes

Heating

Heat Pump: Yes

Kitchen Features

Electric Oven: Yes
Non-laminate Counter: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Laundry

Inside: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: Yes
Chain Link: Yes

Water Source

City Water: Yes

Spa

None: Yes

Sewer

Septic Tank: Yes

Irrigation

Flood: Yes

New Financing

Cash: Yes
Conventional: Yes

Utilities

SRP: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Landscaping

Grass Front: Yes
Grass Back: Yes
Irrigation Front: Yes
Irrigation Back: Yes

Disclosures

Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

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

Listing Office: Keller Williams Realty Phoenix

Last Updated: July - 22 - 2026