Cherry Ln Medford, OR 97504

This 167-acre development site, located in East Medford, presents an opportunity for a visionary developer to create a luxury mixed-use project. The original PUD allows for a large-scale development consisting of single-family homes, senior-living facilities, condos, townhomes, and multifamily residences. The site represents 1.00% of the total land supply of Medford, Oregon. The property is located less than 10 minutes from grocery stores, dining options, Asante Rogue Regional Medical Center, healthcare clinics, and recreational facilities. Rogue Valley International Airport and I-5 access are less than 15 minutes away. Adjacent to the North is Prescott Park (Roxy Ann Peak), offering over 17 miles of hiking and biking trails. Utilities are either stubbed directly to the property or within close proximity, including water, sewer, and stormdrain. High-capacity power runs the length of the site into the adjacent Pacific Power substation. The topography is usable, with over 75% of the site under a 25% slope, allowing for view lots and homes. East Medford is a desirable area with strong income and employment demographics. The Rogue Valley has demonstrated itself as a growing market, with demand for high-quality luxury single-family and higher-density product.