MLS# 7057029 – 12001 S 71st Street, Tempe, AZ 85284

Price: $2,750,000
Beds: 3
Baths: 2
Living Area SqFt: 1,716
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 1.34
Lot Size SqFt: 58,476
Year Built: 1971
Neighborhood: Tally Ho Farms 2
Days on Website: 46

Courtesy of HomeSmart

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. 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.

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Property Details and Features

  • Appliances & Equipment
  • Electric Oven
  • Bathrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 3 total bedrooms
  • 3 possible bedrooms
  • Building
  • Built in 1971
  • Living area: 1716.0
  • 1 storey
  • Construction Materials: Painted, Block
  • Cooling
  • Heat Pump
  • Central Air
  • Disclosures
  • Agency Discl Req
  • Fence
  • Block
  • Chain Link
  • Fireplaces
  • 1 fireplace
  • Wood Burning
  • Floors
  • Vinyl
  • Tile
  • Heating
  • Heat Pump
  • Home Owner’s Association
  • Fee Includes: No Fees
  • Interior Features
  • Non-laminate Counter
  • Full Bth Master Bdrm
  • Laundry
  • Inside
  • Listing
  • Listing ID: 7057029
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Single Family Residence
  • 46 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: TALLY HO FARMS 2
  • County/Parish: Maricopa
  • Lot
  • 1.34 acres
  • Grass Front
  • Grass Back
  • Irrigation Front
  • Irrigation Back
  • Parking
  • 4 carport spaces
  • 4 covered spaces
  • 4 open parking spaces
  • Possession
  • Close Of Escrow
  • Roof
  • Shake
  • Schools
  • Elementary School: Kyrene Middle School
  • Elementary School District: Kyrene Elementary District
  • Middle School: Kyrene Middle School
  • High School: Corona Del Sol High School
  • High School District: Tempe Union High School District
  • Sewer
  • Septic Tank
  • Taxes
  • Parcel Number: 301-52-024-D
  • Public Survey Range: 4E
  • Public Survey Section: 15
  • Annual Amount: $3,813
  • Tax Book Number: 301.00
  • Legal Description: 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
  • Lot: 13
  • Map Number: 52.00
  • Parcel Letter: D
  • Year: 2025
  • Utilities
  • Water Source: City Water

Property Map

$2,750,000 – 12001 S 71st Street, Tempe, AZ 85284

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This content last updated on September 6, 2026 5:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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