5500 Hillcrest Road

Medford, OR, 97504

$7,000,000

$965 per ft²
$7,000,000
$965 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
5 Baths
carpenters-square
7,248 ft²
property_type
Residential
calendar
Built 2004
A rare investment property with a gorgeous home on 97.08 acres, 61.33 acres of which are included in the Medford UGB. Preliminary site planning has been explored by CSA land use planners, an extensive file with suggested site plan is already developed and indicate potential for SFR-2, 88 units SFR-4, 44 units SFR-10 and 128 MFR-30. Utilities are available for development across Hillcrest. Located across from Saddle Ridge in an area of luxury home development properties. The 2004 built home is a beautiful, custom-designed 4 bedroom with 4,884 sqft and features a 10 x12 complete climate control wine room, GE Monogram refrigerator and freezer, as well as pool and hot tub. Enjoy the spectacular, expansive views while waiting for the inevitable march of development to come to you.
MLS® ID:
220137792
Listed:
1/17/22
Updated:
11/29/22

Interior Features

Kitchen Appliances
Cooktop, Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Solar Hot Water, Trash Compactor, Washer, Water Heater, Water Purifier, Wine Refrigerator
Total Bedrooms
4
Full Bathrooms
3
Half Bathrooms
2
Interior Features
Bidet, Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Double Vanity, Dry Bar, Dual Flush Toilet(s), Enclosed Toilet(s), Granite Counters, Jetted Tub, Kitchen Island, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Spa/Hot Tub, Stone Counters, Tile Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data, Wired for Sound
Floor Description
Carpet, Hardwood, Tile
Fireplace
Primary Bedroom
Cooling
Central Air, Heat Pump
Heating
Forced Air, Heat Pump, Propane

Exterior/Building Features

Lot Size
97.08 acres lot
Exterior Features
Patio, Pool, Spa/Hot Tub
Architectural Style
Traditional
Lot Details
Adjoins Public Lands, Fenced, Sloped, Sprinklers In Front, Sprinklers In Rear
Roof
Composition
Sewer
Sand Filter, Septic Tank

School Information

High School
North Medford High
Middle/Jr High
Hedrick Middle
Elementary School
Mae Richardson Elem

Other Property Details

Taxes
$11500.67
Tax Frequency
per YEAR
HOA Amenities
Access to Public Lands
Garage
Yes
Garage Spaces
5
Parking
Asphalt, Driveway, Garage Door Opener, RV Access/Parking, RV Garage
View
Y
County
Jackson
Water Source
Backflow Domestic, Backflow Irrigation, Well
Pool
No
Zoning
EFU

Courtesy of Oregon Opportunities Real Estate, Tom Harrison

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Data last updated 3:27 AM UTC, 11/29/22

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