About 4900 Cherry Ln
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!
Features of 4900 Cherry Ln
| MLS® # | 302483253 |
|---|---|
| Price | $3,550,000 |
| Bathrooms | 0.00 |
| Acres | 36.80 |
| Type | Land |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 4900 Cherry Ln |
|---|---|
| Area | 801 - Jackson Co: East Medford |
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97504 |
Amenities
| Utilities | Electricity Available, Public Sewer, Water Available, Public Water-500'+, See Remarks |
|---|---|
| View | Mountain(s), City, Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
School Information
| Elementary | Hoover |
|---|---|
| Middle | Hedrick |
| High | South Medford |
Additional Information
| Date Listed | January 20th, 2025 |
|---|---|
| Days on Market | 278 |
| Zoning | Res.Dev |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Whitetail Properties Real Estate LLC |
|---|