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4900 Cherry Lane, Medford, OR 97504

Local realty services provided by:CENTURY 21 Showcase Realtors®, Inc.
4900 Cherry Lane,Medford, OR 97504
$3,550,000
  • 36.8 Acres
  • Lots / Land
  • Active
Listed by: ryan kelly
Office: whitetail properties real esta
MLS#:220194745
Source:OR_SOMLS

Price summary

  • Price:$3,550,000

About this home

Great development / investment property with views. Located in a desirable area of Medford right next to newer upscale subdivisions and just down the street from the Rogue Valley Country Club. According to the city it is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for larger upscale homes and smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county tax assessor has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed!

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Home facts

  • Listing ID #:220194745
  • Added:388 day(s) ago
  • Updated:February 14, 2026 at 03:34 PM

Structure and exterior

  • Lot area:36.8 Acres

Schools

  • High school:South Medford High
  • Middle school:Hedrick Middle
  • Elementary school:Hoover Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,550,000
  • Tax amount:$7,476 (2024)

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