4900 CHERRY LN Medford, OR - Image 14900 CHERRY LN Medford, OR - Image 24900 CHERRY LN Medford, OR - Image 3

$3,550,000

0 Beds 0 Baths 0 SQFT 36.80 Acres
Type: Land

4900 CHERRY LN
Medford, OR 97504

MLS#: 302483253
Jennifer Goodman
Jennifer Goodman
Premiere Property Group
Broker
Phone: 541.815.6975
Office: 541.241.6860
Presented by: Whitetail Properties Real Estate LLC -

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!


 

General

ADUNo
Accessory Dwelling Unit Y/NN
CityMedford
CountyJackson
Current UseRawLand
DirectionsN Phoenix rd. to Cherry Ln. to property. Look for yellow Whitetail Properties sign
DisclosuresDisclosure
Elementary SchoolHoover
HOANo
High SchoolSouth Medford
Legal Description371W26 201, 36.8+/- acres off of Cherry Ln. in Medford, Jackson County
Listing TermsCallListingAgent, Cash, OwnerWillCarry, SellerEquityShare
Lot Size Square Feet1603008.0
MLS Area_801
Middle/Junior High SchoolHedrick
Parcel Number10,425,328
Property SubtypeSingleFamilyResidence
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount$7,476
Tax Year2024
UtilitiesElectricityAvailable, PublicSewer, PublicWater500FeetPlus, SeeRemarks, WaterAvailable
ViewDescriptionCity, Mountain, Valley
ZoningRes.Dev

Exterior

LandDescriptionGentleSloping, Level
Lot Size Acres36.8
Road Surface TypePaved

Additional Details

Price History

Schools 

High School South Medford High School
Middle School Hedrick Middle School
Elementary School Hoover Elementary School

  

Similar Properties

$3,550,000

0 Beds 0 Baths 0 SQFT 36.80 Acres
Type: Land

4900 CHERRY LN
Medford, OR 97504

MLS#: 302483253
Jennifer Goodman
Jennifer Goodman
Premiere Property Group
Broker
Phone: 541.815.6975
Office: 541.241.6860