4900 Cherry Ln, Medford, OR 97504

Local realty services provided by:CENTURY 21 North Homes Realty
4900 Cherry Ln,Medford, OR 97504
$3,550,000
  • 36.8 Acres
  • Lots / Land
  • Active
Listed by: ryan kelly
Office: whitetail properties real estate llc.541-915-9912
MLS#:388557110
Source:PORTLAND

Price summary

  • Price:$3,550,000

About this home

Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. 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 some larger upscale homes and some 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 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! The city is planning on building a pump station to bring water to this area in a few years or they would work with...

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Home facts

  • Listing ID #:388557110
  • Added:1 day(s) ago
  • Updated:August 08, 2026 at 10:23 PM

Structure and exterior

  • Lot area:36.8 Acres

Schools

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

Utilities

  • Water:Public Between 500-1000 Feet, Water Available

Finances and disclosures

  • Price:$3,550,000
  • Tax amount:$7,616 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 North Homes Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 8, 2026 PORTLAND Member Broker: Patrick Smith