$2,600,000
12001 S 71ST Street
- Price per sqft
- $1,515/sqft
- Listed
- Jul 21, 2026
- Since listed
- 57 days
- Lot
- 1.34 acre lot
Home highlights
- Single-story
- 1 fireplace
- Horse property
- No HOA
About this home
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.
From ARMLS
Property details
Home & layout
- Property type
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,716 sqft
- Year built
- 1971
- Stories
- Single-story
Interior
- Interior features
- Non-laminate Counter, Full Bth Master Bdrm
- Flooring
- Vinyl, Tile
- Laundry
- Inside
- Fireplaces
- 1
- Fireplace features
- Wood Burning
Systems & utilities
- Heating
- Heat Pump
- Cooling
- Heat Pump, Central Air
- Sewer
- Septic Tank
- Water source
- City Water
Lot, exterior & construction
- Lot size
- 1.34 acre lot
- Lot features
- Grass Front, Grass Back, Irrigation Front, Irrigation Back
- Construction
- Painted, Block
- Roof
- Shake
- Fencing
- Block, Chain Link
- Spa
- None
Parking & access
- Garage
- 0 spaces
- Carport
- 4 spaces
- Covered parking
- 4 spaces
Community & lifestyle
- Subdivision
- TALLY HO FARMS 2
- Horse property
- Yes
Location
Explore the neighborhood
12001 S 71ST Street, Tempe, AZ 85284
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Kyrene Middle School
- Middle
- Kyrene Middle School
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 7057029
- Listed
- Jul 21, 2026
- Last updated
- Sep 9, 2026, 6:20 PM MST
- County
- Maricopa
- Previous tracked price
- $2,750,000
- Verified price reduction
- $150,000 (5.5%)
- Price reduced
- Sep 10, 2026
- Tax year
- 2025
- Listing terms
- Cash, Conventional
- Possession
- Close of Escrow
- Special conditions
- N/A
- Listing agent
- Shane A Peck
- Listing brokerage
- HomeSmart
Listing courtesy of Shane A Peck, HomeSmart.