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
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Appliances & Equipment
- “Electric Oven”
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Bathrooms
- 2 full bathrooms
- 2 total bathrooms
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Bedrooms
- 3 total bedrooms
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Building
- Built in 1971
- Living area: 1716
- Construction materials: “Painted”, “Block”
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Cooling
- “Heat Pump”
- “Central Air”
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Fence
- “Block”
- “Chain Link”
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Fireplaces
- “Wood Burning”
- 1 total fireplace
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Floors
- “Vinyl”
- “Tile”
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Heating
- “Heat Pump”
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Home Owner’s Association
- Association fee includes: “No Fees”
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Interior Features
- “Non-laminate Counter”
- “Full Bth Master Bdrm”
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Laundry
- “Inside”
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Listing
- Listing ID: 7057029
- Standard status: Active
- 31 days on market
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Location
- Subdivision name: TALLY HO FARMS 2
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Lot
- 1.34 acres
- 58,476 sqft
- “Grass Front”
- “Grass Back”
- “Irrigation Front”
- “Irrigation Back”
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Possession
- “Close Of Escrow”
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Roof
- “Shake”
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Schools
- Elementary school: Kyrene Middle School
- High school: Corona Del Sol High School
- High school district: Tempe Union High School District
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Sewer
- “Septic Tank”
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Taxes
- Annual amount: $3,813
- Lot: 13
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This content last updated on August 22, 2026 12:12AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Richard La Rue - Designated Broker