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0 Cherry Lane

Medford, OR 97504
  • $9,800,000
  • STATUS: Active
  • ON SITE: 325 Days
  • MLS #: 220179075
UPDATED: 54 min ago
$9,800,000
  • 0
    BEDS
  • 167
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Merit Commercial RE, LLC :.

Description

An opportunity to own 1% of the total land area of Medford, Oregon - welcome to The Highlands. 167-acres on one tax lot, The Highlands is tucked in the East Medford hills & commands the most desirable location & views. Ideally situated for a luxury development site, there is a grandfathered PUD laying out 800+ units of detached SFR, condos, & townhomes as well as senior living facilities & multifamily sites. Developers could utilize The Highlands to deliver a market-defining project. Combining world-class views with convenience, each residence located within The Highlands will be <10 mins to grocery, dining, Asante hospital, recreation, & <15 mins to RV Intl. Airport & I-5 access. Sharing a property line, Prescott Park offers 17+ miles of public trails next door. Utilities are stubbed/close, believed to have adequate capacity for the first few phases of development. Take advantage of great demographics and a growing market with The Highlands! Buyers to complete all due diligence.

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Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coho Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coho Realty. Data last updated: .2025-02-10T23:43:48.037
www.coho.realty/homes/148834783
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0 Cherry Lane Medford, OR 97504

  • Price: $9,800,000
  • Status: Active
  • On Site: 325 Days
  • Updated: 54 min ago
  • MLS #: 220179075
0
Beds
0
Baths
0
½ Baths
167
Acres
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Hoover Elem
Middle School:
Hedrick Middle
High School:
North Medford High
Property Description
An opportunity to own 1% of the total land area of Medford, Oregon - welcome to The Highlands. 167-acres on one tax lot, The Highlands is tucked in the East Medford hills & commands the most desirable location & views. Ideally situated for a luxury development site, there is a grandfathered PUD laying out 800+ units of detached SFR, condos, & townhomes as well as senior living facilities & multifamily sites. Developers could utilize The Highlands to deliver a market-defining project. Combining world-class views with convenience, each residence located within The Highlands will be <10 mins to grocery, dining, Asante hospital, recreation, & <15 mins to RV Intl. Airport & I-5 access. Sharing a property line, Prescott Park offers 17+ miles of public trails next door. Utilities are stubbed/close, believed to have adequate capacity for the first few phases of development. Take advantage of great demographics and a growing market with The Highlands! Buyers to complete all due diligence.
Exterior Features

Garage YN No Lot Features Adjoins Public Lands

Interior Features

Heating []

Property Features

Additional Parcels YN No Association Amenities [] Association YN No CCRs YN No Community Features Access to Public LandsParkTrail(s) Current Use Vacant Fencing None Flood NA Yes Horse YN No Irrigation Source [] Irrigation Water Rights YN No Listing Terms CashConventionalOwner Will Carry Manufactured Structure Allowed YN No Other Structures [] Property Sub Type Residential Lots Road Frontage Type [] Road Surface Type GravelPavedOther Senior Community YN No Sewer Other Special Listing Conditions Standard Tax Annual Amount 16104.97 Tax Year 2023 Utilities Cable AvailableElectricity Available View Cascade MountainsCityCreek/StreamMountain(s)NeighborhoodPanoramicPark/GreenbeltRidgeTerritorialValley Water Source PublicOther Waterfront Features [] Zoning Description SFR-4

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Merit Commercial RE, LLC :.

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coho Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coho Realty. Data last updated: .2025-02-10T23:43:48.037
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301
Listing provided courtesy of Merit Commercial RE, LLC :.