Active
4900 Cherry Lane
Medford OR, 97504
$3,550,000
Active
Residential
Courtesy of Whitetail Properties Real Esta, Ryan Kelly
Great development / investment property with views. Located in a desirable area of Medford right next to newer upscale subdivisions and just down the street from the Rogue Valley Country Club. According to the city 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 larger upscale homes and 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 tax assessor 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!
220194745
MLSⓇ ID
January 21, 2025
Updated
Map
4900 Cherry Lane
Medford OR, 97504
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
36.8 Acres
Lot Features
Dividable Property, Vacant
Sewer
Other, Public Sewer
School Information
High School
South Medford High
Elementary School
Hoover Elem
Other Property Details
Taxes
$7,476
Tax Frequency
Annually
Days on Market
1
Garage
No
View
Yes
View Description
Mountain(s), Valley
County
Jackson
Water Source
None, Other, Public
Pool
No
Zoning
SFD, TBD
Green Building Features
Green Features
None
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare.
Real estate listings held by IDX Brokerage firms other than Patrick Leiser are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
Data last updated 4:37 PM UTC, 1/21/2025