$4,100,000
$2M PRICE DROP

4195 Rachel Way Medford, OR 97504

Estimated payment $23,128/month

Total Views 5,660
35 Acres
$115,591 Price per Acre
1,545,073 Sq Ft Lot

Highlights

  • Panoramic View
  • 35.47 Acre Lot
  • Shed
  • Hoover Elementary School Rated 10
  • No HOA

About This Lot

Explore an exceptional investment opportunity in desirable East Medford. Red Tail Heights is a 40-acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 70+ residences, this unique property promises significant potential for developers and investors alike, made easy with planning and permitting (annexation, zone change, temporary subdivision plat) already approved. The property is available to be sold in phases. City streets and public services are accessed at three locations. Initial civil engineering work for streets, sidewalks, sewer, and storm drains are completed, along with geotechnical engineering and a a traffic study. Sweeping vistas, including views of the airport, vineyards, mountains, and city lights—along with incredible sunrise and sunset-focused lots. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!

Listing Agent

Heidi Martins

Windermere Van Vleet Jacksonville License #201217239

Windermere Van Vleet Jacksonville

Co-Listing Agent

Sandy Brown

Windermere Van Vleet Jacksonville License #201214855

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,933

Year Built

  • 1956

Lot Details

  • 35.47 Acre Lot
  • Wire Fence
  • Sloped Lot
  • Additional Parcels
  • Property is zoned OSR, OSR

Property Views

  • Panoramic
  • City
  • Vineyard
  • Mountain
  • Valley

Schools

  • Abraham Lincoln Elementary School
  • Hedrick Middle School
  • South Medford High School

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 10496798

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,933

Year Built

1956

Lot Details

0

Listing Details

  • Directions: Off E McAndrews Rd in Medford.
  • Garage Yn: No
  • Lot Size Acres: 35.47
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Co List Office Mls Id: orVVA3
  • Co List Office Phone: 541-899-2000
  • Co List Office Phone: 541-899-2000
  • MLS Status: Active
  • General Property Information:Zoning2: OSR
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Location Tax and Legal:Tax Lot: 401
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • View:City3: Yes
  • Fencing:Wire: Yes
  • Special Features: None
  • Year Built: 1956

Exterior Features

  • Lot Features: Sloped
  • Other Structures: Shed(s)
  • View: Cascade Mountains, City, Mountain(s), Panoramic, Valley, Vineyard
  • Fencing: Wire
  • Lot Features:Sloped: Yes
  • View:Panoramic: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Abraham Lincoln Elem
  • High School: South Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels Description: Parcel 10496771, tax lot 371W22-300
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 1545073.2
  • Parcel #: 10496798
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: OSR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2933.39
  • Tax Lot: 401
  • Tax Map Number: 371W22
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,517 $231,020 $47,920 $183,100
2023 $2,784 $224,300 $46,530 $177,770
2022 $2,720 $224,300 $46,530 $177,770
2021 $2,653 $217,770 $45,180 $172,590
2020 $2,593 $211,430 $43,870 $167,560
2019 $2,535 $199,310 $41,370 $157,940
2018 $2,474 $193,510 $40,170 $153,340
2017 $2,436 $193,510 $40,170 $153,340
2016 $2,392 $182,410 $37,880 $144,530
2015 $2,293 $182,410 $37,880 $144,530
2014 $2,262 $171,950 $35,710 $136,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $4,100,000 -31.7% --
07/17/2024 07/17/24 For Sale $6,000,000 -- --
Source: Southern Oregon MLS

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed $250,000 Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title Ins
Warranty Deed $46,725 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 Unknown
Closed $50,000 Credit Line Revolving
Closed $350,000 Unknown
Closed $250,000 Seller Take Back
Source: Public Records

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Source: Southern Oregon MLS

MLS Number: 220186315

Southern Oregon MLS

APN: 10496771

Oregon Jackson County Medford 97504

4195 Rachel Way, Medford, OR

Homes for Sale in Medford, OR

This home is located at 4195 Rachel Way, Medford, OR 97504 and is currently priced at $4,100,000. This property was built in 1956. 4195 Rachel Way is a home located in Jackson County with nearby schools including Hoover Elementary School, Hedrick Middle School, and North Medford High School.

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Listing Agent
Heidi Martins
Section Image
Windermere Van Vleet Jacksonville
(458) 236-4400