About 4900 Cherry Lane
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!
Features of 4900 Cherry Lane
| MLS® # | 220194745 |
|---|---|
| Price | $3,550,000 |
| Acres | 36.80 |
| Type | Land |
| Sub-Type | Residential Lots |
| Status | Active |
Community Information
| Address | 4900 Cherry Lane |
|---|---|
| Subdivision | N/A |
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97504 |
Amenities
| Utilities | Cable Available, Electricity Available, Fiber Optics Available |
|---|---|
| View | Mountain(s), Valley |
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
School Information
| Elementary | Hoover Elem |
|---|---|
| Middle | Hedrick Middle |
| High | South Medford High |
Additional Information
| Date Listed | January 20th, 2025 |
|---|---|
| Days on Market | 254 |
| Zoning | SFD, TBD |
Listing Details
| Office | Whitetail Properties Real Esta |
|---|