South-Facing Development Land
Cherry Lane Medford, OR 97504
For Sale
$9,800,000
COMMERCIAL - Medford, OR
Lot Size167.00 Acres
Days on Market860
Property Features for Cherry Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
167.00 Acres
Listing Agency:
US LAND CO
(844) 999-5263
Listed By:
Garrett Zoller, Alc · License #200411174
(844) 999-5263
Added: Mar 22, 2024
Changed: Jul 2
Last Checked: Jul 29 at 9:06AM
MLS# 11556114
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Investment Insights
Based on property information with market context.
The Highlands is a legacy, master-planned development site offering a large-scale blank slate for luxury single-family and mixed-use product. The original, grandfathered PUD contemplates a majority of single-family homes alongside senior-living facilities, condos, townhomes, and multifamily, though the developer is not limited to that layout and may adapt based on final approval. The site’s topography is described as usable, with 75% or more under a 25% slope, supporting options for view-oriented lots. Utilities are either stubbed directly to the property or available in close proximity, including water, sewer, and stormdrain, while high-capacity power runs along the length of the site into an adjacent Pacific Power substation.
Located in East Medford, the property is described as south-facing and positioned to serve day-to-day needs within minutes, including grocery, dining, Asante Rogue Regional Medical Center, healthcare clinics, and recreation. Rogue Valley International Airport and I-5 access are also described as less than 15 minutes away. To the north, Prescott Park (Roxy Ann Peak) is directly adjacent and offers 17+ miles of hiking and biking trails.
For developers and land buyers seeking a large, flexible planning framework, The Highlands combines an existing PUD master plan with available utility support and workable grades. Any density and configuration are subject to final approval, and the buyer is responsible for due diligence on development requirements and related costs, including applications, permits, improved access, required offsites, and utility extension needs.
Located in East Medford, the property is described as south-facing and positioned to serve day-to-day needs within minutes, including grocery, dining, Asante Rogue Regional Medical Center, healthcare clinics, and recreation. Rogue Valley International Airport and I-5 access are also described as less than 15 minutes away. To the north, Prescott Park (Roxy Ann Peak) is directly adjacent and offers 17+ miles of hiking and biking trails.
For developers and land buyers seeking a large, flexible planning framework, The Highlands combines an existing PUD master plan with available utility support and workable grades. Any density and configuration are subject to final approval, and the buyer is responsible for due diligence on development requirements and related costs, including applications, permits, improved access, required offsites, and utility extension needs.
Key Highlights
- 167‑acre masterplanned development land in East Medford, Oregon (The Highlands)
- Original grandfathered PUD includes a mix of single‑family homes plus senior‑living facilities, condos, townhomes, and multifamily
- All utilities are either stubbed to the property or within close proximity, with water, sewer, and stormdrain available
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large, master-planned development land with utilities available and usable topography for single-family and mixed-use concepts.
Where is this residential land & home lot located?
The property is located at Cherry Lane Medford, OR.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: 167‑acre masterplanned development land in East Medford, Oregon (The Highlands); Original grandfathered PUD includes a mix of single‑family homes plus senior‑living facilities, condos, townhomes, and multifamily; All utilities are either stubbed to the property or within close proximity, with water, sewer, and stormdrain available