Medford, OR 97504,4900 CHERRY LN
Medford, OR 97504,4900 CHERRY LN
Medford, OR 97504,4900 CHERRY LN
Medford, OR 97504,4900 CHERRY LN
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Listed by Whitetail Properties Real Estate LLC
$ 3,550,000
Est. payment | /mo

36.8 Acres Lot


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$ 3,550,000
Est. payment | /mo
Save

36.8 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 302483253

Annual Tax Amount $7,476

Tax Year 2024

Lot Size 36.800 Acres

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!

Location

State OR

County Jackson

Area _801

Zoning Res.Dev

Exterior

Utilities Available ElectricityAvailable, PublicSewer, PublicWater500FeetPlus, SeeRemarks, WaterAvailable

View City, Mountain, Valley

Garage No

Schools

Elementary Schools Hoover

Middle Schools Hedrick

High Schools South Medford

Others

Acceptable Financing CallListingAgent, Cash, OwnerWillCarry, SellerEquityShare

Listing Terms CallListingAgent, Cash, OwnerWillCarry, SellerEquityShare

Regional Multiple Listing Service (RMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 697-0575

[email protected]

315 Oak St, STE 200, River, OR, 97031, United States

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4900 CHERRY LN