4900 Cherry Lane, Medford, OR 97504
Land 
Built in —— 
36.8acre lot
—— car garage 
$——/sqft 
Listed 4 months ago
Property Description
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!
- Listing Status:
- Active
- Date Added:
- January 21, 2025 at 06:00AM
- Listing Office:
- Whitetail Properties Real Esta : (406) 209-8935
- MLS ID:
- 220194745
- Road/Access: Paved
- County: Jackson
This listing courtesy of Whitetail Properties Real Esta
Location
Schools Nearby
Hoover Elementary School
2323 Siskiyou Blvd, Medford, OR, 97504
Grades KG-6
2.32 miles away
Hedrick Middle School
1501 E Jackson St, Medford, OR, 97504
Grades 7-8
3.07 miles away
South Medford High School
1551 Cunningham Ave, Medford, OR, 97501
Grades 9-12
5.21 miles away
