0 Cherry Ln Unit 220179075 Medford, OR 97504
Southeast Medford NeighborhoodEstimated payment $56,040/month
Highlights
- Panoramic View
- 167 Acre Lot
- Park
- Hoover Elementary School Rated 10
- No HOA
- Property is near a preserve or public land
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,105
Lot Details
- 167 Acre Lot
- Property is zoned SFR-4, SFR-4
Property Views
- Panoramic
- City
- Ridge
- Creek or Stream
- Mountain
- Territorial
- Valley
- Park or Greenbelt
- Neighborhood
Schools
- Hoover Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 10935881
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Park
- Trails
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $9,800,000 | 0.0% | -- |
| 04/18/2025 04/18/25 | Off Market | $9,800,000 | -- | -- |
| 01/03/2025 01/03/25 | Price Changed | $9,800,000 | -10.9% | -- |
| 03/22/2024 03/22/24 | For Sale | $11,000,000 | -- | -- |
Source: Southern Oregon MLS
MLS Number: 220179075
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