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(541) 601-3670
Real Estate Company
Cherry Lane, Medford, OR 97504
- $640,000
Listing courtesy of Merit Commercial RE, LLC. Selling Office: Home Quest Realty.
- Sold Price
- $640,000
- List Price
- $700,000
- Closing Date
- Jan 30, 2025
- MLS#
- 220188683
- Status
- CLOSED
- City
- Medford
- County
- Jackson
Property Description
An exceptional 28.8-acre site in East Medford. While ideally suited for development, 0 Cherry Lane is also a viable option as a homesite, positioned adjacent to the city limits of Medford and directly in the path of future infrastructure expansion (within <1,500'). Well-positioned within the UGB, this property offers the potential to build a family estate with exceptional views, or just maintain as a low-tax pasture or recreational land, and enjoy significant future potential. The south-facing property offers sweeping views, ensuring that nearly every future home can enjoy an impressive vista stretching to Mt. Ashland, the Cascade and Siskiyou Mountains, nearby golf courses, and the eastern foothills of the Rogue Valley. Less than five minutes to the north, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails and is one of the most accessible and desirable parks in the Rogue Valley. Buyers are advised to conduct all due diligence regarding any development.
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Additional Information
- Taxes
- $3,476
- Acres
- 28.80
- View
- Cascade Mountains, City, Mountain(s), Neighborhood, Panoramic, Ridge, Territorial, Valley
- Water
- None
- Elementary School
- Hoover Elem
- Middle School
- Oakdale Middle
- High School
- South Medford High
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: