$3,550,000

4900 CHERRY Ln, Medford, OR 97504

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon36.8acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. It is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for some larger upscale homes and some smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed!

Listing Status:
Active
Date Added:
January 20, 2025 at 06:00AM
Listing Office:
Whitetail Properties Real Estate LLC : 406-209-8935
Listing Agent:
Ryan Kelly : 541-915-9912
MLS ID:
302483253
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Jackson
  • Zoning: Res.Dev371W26 20136.8+/- acres off of Cherry Ln. in MedfordJackson County10425328
  • View: View
  • Current Use: Raw land
  • Utilities: Electricity availablePublic sewerPublic water 500 feet plusSee remarksWater available
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Ryan Kelly, Whitetail Properties Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hoover Elementary School

2323 Siskiyou Blvd, Medford, OR, 97504

Grades KG-6

2.32 miles away

H

Hedrick Middle School

1501 E Jackson St, Medford, OR, 97504

Grades 7-8

3.07 miles away

S

South Medford High School

1551 Cunningham Ave, Medford, OR, 97501

Grades 9-12

5.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.