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

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