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Jackson 97504
4900 CHERRY LN
$3,550,000
● Land - For Sale

4900 CHERRY LN

Medford, OR 97504
bedrooms
Studio
bathrooms
0 Bath
$18,066
Est. Monthly

About This Property

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 developers and surrounding land owners to get it done sooner and develop a plan to help recoup the upfront costs as homes pay to connect to the water supply. Either way, this property will do nothing but increase in value as time goes on and infrastructure continues to be built all around it. Get it now while you can. Buyers to do their due diligence on all aspects of the property and potential uses.
Unit Size
-
Days on Market
82 days
Land Size
36.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$635
HOA Dues
-
Year Built
-

Listed By

Ryan Kelly
Whitetail Properties Real Estate LLC

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Last updated: 3 months ago ( #388557110)

Price History

Date / Event Date Event Price
Aug 8, 2026 Listed by Whitetail Properties Real Estate LLC $3,550,000
Listed by Whitetail Properties Real Estate LLC
May 20, 2020 No longer available -
No longer available
Apr 28, 2020 Listed $3,400,000
Listed
36.8 acres of prime development ground. In city limits. Part of the city's Southeast Plan. Designated to be single family homes and multi-family development.
Jun 20, 2019 No longer available -
No longer available
Nov 9, 2018 Listed $3,400,000
Listed
36.8 acres of prime development ground. In city limits. Part of the city's Southeast Plan. Designated to be single family homes and multi-family development.

Property Highlights

Exterior Details
Lot Size Area: 1603008
Lot Size Units: Square Feet
Lot Size Acres: 36.8
Lot Size Square Feet: 1603008
Financial Details
Tax Annual Amount: $7,616

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson


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Frequently Asked Questions

When was property at 4900 Cherry Lane built and last sold?
The property at 4900 Cherry Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4900 Cherry Lane is $3,585,500.
What are some comparable homes to 4900 Cherry Lane?
There are currently no comparable homes to 4900 Cherry Lane.