About This Home

This 3-bedroom, 2-bathroom single family at 12001 S 71ST Street in Tempe, AZ is listed for $2,850,000 ($1,661 per sqft). Built in 1971, the home offers 1,716 sqft of living space on a 1.34 acres lot.

Key Features

  • Built in 1971
  • 1.34 acre lot
  • Fireplace

Property Details

1 story
2 full
1971

Amenities

FireplaceA/C
Listing 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.

Monthly Cost Estimate

$15,242/mo

20% down · 6.5% · 30 years

Principal$2,061
Interest$12,350
Insurance$831

Estimates only. Actual payments may vary.

Location

12001 S 71ST Street

Tempe, AZ 85284

TALLY HO FARMS 2

Features & Amenities

Interior Features

Non-laminate CounterFull Bth Master Bdrm

Property Details

Flooring

VinylTile

Construction

Painted Block

Heating

Heat Pump (Heating)

Cooling

Central AirHeat Pump

Appliances

Electric Oven

Questions & Answers

This 3-bedroom, 2-bathroom single family at 12001 S 71ST Street is listed at $2,850,000 ($1,661/sqft). The estimated monthly payment is $15,242 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 1.34 acre lot, Fireplace. Interior Features: Non-laminate Counter, Full Bth Master Bdrm.

This property is listed by Shane A Peck and can be reached at 4802485604.

SP

Shane A Peck

Agent at Keller Williams Realty Phoenix

(480) 248-5604

Listed by Keller Williams Realty Phoenix · View on Broker Site

MLS# 7057029· Source: listhub· 3 days on market

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12001 S 71ST Street, Tempe, AZ 85284

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