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

12001 S 71ST Street, Tempe, AZ 85284

$2,750,000

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

Current Price: $2,750,000 Last Modified: 8/24/2026

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

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: 1602.56
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

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

DPR Eligible

DPR Eligible: No

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: HomeSmart

Last Updated: August - 24 - 2026

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