Residential Development Land with
For Sale
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Hillcrest Rd, Medford, OR 97504
Prime residential development land in Medford with valley and city views.
Property SizeContact for details
Days on Market951
Property Features for Hillcrest Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
SFR-4 (low-density single-family)
Listing Agency:
Merit Commercial Real Estate
(541) 608-6704
Listed By:
Scott King · License #Oregon 200602153
Source:
Crexi
Added: Jan 5, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Merit Commercial Real Estate
Investment Insights
Based on property information with market context.
The Ridge at Highlands is a residential development opportunity located in a desirable neighborhood within the Medford MSA. This property offers a supply of single-family product for multiple years. The sloping landscape faces southwest, providing valley and city views. Existing paved access roads, including Cherry Lane, Cloudcrest Drive, and Stardust Way, are stubbed directly to the property. Water and sewer lines run through the property, with capacity believed to be available. Phased conceptual plans and preliminary engineering are available, potentially accelerating the development timeline. The first phase of the conceptual plan has been developed. The property is positioned as one of the last buildable, luxury single-family development pieces in East Medford. Intended use is residential development.
Key Highlights
- Prime location in a highly desirable, rapidly growing Medford neighborhood.
- Breathtaking valley and city views due to southwest‑facing sloping landscape.
- Multiple existing paved access roads stubbed directly to the property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
Demographics for 97504, OR
49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime residential development land in Medford with valley and city views.
Where is this residential land & home lot located?
The property is located at Hillcrest Rd Medford, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location in a highly desirable, rapidly growing Medford neighborhood.; Breathtaking valley and city views due to southwest‑facing sloping landscape.; Multiple existing paved access roads stubbed directly to the property.
