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.

Listing courtesy of HomeSmart.



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Last checked: 2026-09-08 10:04 AM UTC