Active
0 Cherry Lane
Medford OR, 97504
$11,000,000
Active
Residential
Courtesy of Merit Commercial RE, LLC, Caspian C Hoehne
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.
220179075
MLSⓇ ID
October 14, 2024
Updated
Map
0 Cherry Lane
Medford OR, 97504
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
167 Acres
Exterior Features
None, N/A
Lot Features
Adjoins Public Lands, Vacant, Clay
Sewer
Other
School Information
High School
North Medford High
Elementary School
Hoover Elem
Other Property Details
Taxes
$16,105
Tax Frequency
Annually
Days on Market
204
Garage
No
View
Yes
View Description
Cascade Mountains, City, Creek/Stream, Mountain(s), Neighborhood, Panoramic, Park/Greenbelt, Ridge, Territorial, Valley
County
Jackson
Water Source
Other, Public
Pool
No
Zoning
SFR-4
Green Building Features
Green Features
None
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Data last updated 11:28 PM UTC, 10/14/2024