1. Oregon
  2. Medford
  3. 0 Cherry Lane
$9,800,000

0 Cherry Lane, Medford, OR 97504

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon167acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

An opportunity to own 1% of the total land area of Medford, Oregon - welcome to The Highlands. 167-acres on one tax lot, The Highlands is tucked in the East Medford hills & commands the most desirable location & views. Ideally situated for a luxury development site, there is a grandfathered PUD laying out 800+ units of detached SFR, condos, & townhomes as well as senior living facilities & multifamily sites. Developers could utilize The Highlands to deliver a market-defining project. Combining world-class views with convenience, each residence located within The Highlands will be <10 mins to grocery, dining, Asante hospital, recreation, & <15 mins to RV Intl. Airport & I-5 access. Sharing a property line, Prescott Park offers 17+ miles of public trails next door. Utilities are stubbed/close, believed to have adequate capacity for the first few phases of development. Take advantage of great demographics and a growing market with The Highlands! Buyers to complete all due diligence.

Listing Status:
Active
Date Added:
April 21, 2025 at 05:00AM
Listing Office:
Merit Commercial RE, LLC : (541) 608-6704
MLS ID:
220179075
  • Road/Access: GravelPavedOther
  • Golf: Access to Public LandsParkTrail(s)
  • County: Jackson

This listing courtesy of Merit Commercial RE, LLC

Location

Schools Nearby

H

Hoover Elementary School

2323 Siskiyou Blvd, Medford, OR, 97504

Grades KG-6

1.25 miles away

H

Hedrick Middle School

1501 E Jackson St, Medford, OR, 97504

Grades 7-8

0.62 miles away

N

North Medford High School

1900 N Keene Way Dr, Medford, OR, 97504

Grades 9-12

0.72 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.