0 Cherry Ln Unit 220188683 Medford, OR 97504
Southeast Medford Neighborhood
29
Acres
$22,222
Price per Acre
1,254,528
Sq Ft Lot
Highlights
- Panoramic View
- 28.8 Acre Lot
- Pasture
- Hoover Elementary School Rated 10
- No HOA
About This Lot
As of January 2025An 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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,477
Lot Details
- 28.8 Acre Lot
- Dirt Road
- Sloped Lot
- Property is zoned EFU, EFU
Property Views
- Panoramic
- City
- Ridge
- Mountain
- Territorial
- Valley
- Neighborhood
Schools
- Hoover Elementary School
- Oakdale Middle School
- South Medford High School
Farming
- Pasture
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10425715
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $640,000 | -8.6% | -- |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $700,000 | -- | -- |
Source: Southern Oregon MLS
Similar Property in Medford, OR
Source: Southern Oregon MLS
MLS Number: 220188683
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