Residential Development Land with South Valley
For Sale
$575,000
Cherry Lane Tl2200, Medford, OR 97504
Residential development acreage with homesite approval, zoning for both estate lots and rowhouses, and utilities available at the street.
Property SizeContact for details
Days on Market16
Property Features for Cherry Lane Tl2200
General Information
Standard status
Active
Property subtype
Vacant Land
Listing Agency:
Keller Williams Realty Central Oregon
(541) 499-5926
Listed By:
Amanda K Martin
Source:
541sold
Added: Jul 28
Changed: Aug 8
Last Checked: Jul 28 at 7:28AM
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 Keller Williams Realty Central Oregon
Investment Insights
Based on property information with market context.
This residential development land opportunity offers sweeping south valley views of city lights, the Siskiyou Mountains, and Manor Hill. The parcel is 6.87 acres and is zoned SFR-00, with pending services to the property. A homesite has been approved, supporting plans for a single dream view home while also allowing consideration of development options.
The city of Medford includes two land-use designations within the parcel. The larger, northern portion is designated for Estate Lots - SFR-2, while the southern portion is designated for Rowhouses - MFR-15. Utilities are available at the street.
The seller is offering first right of refusal to a potential buyer for an adjoining 0.61 acre lot and home at 4935 Cherry Lane, Medford, OR 97504. The two properties are being offered as a package.
The city of Medford includes two land-use designations within the parcel. The larger, northern portion is designated for Estate Lots - SFR-2, while the southern portion is designated for Rowhouses - MFR-15. Utilities are available at the street.
The seller is offering first right of refusal to a potential buyer for an adjoining 0.61 acre lot and home at 4935 Cherry Lane, Medford, OR 97504. The two properties are being offered as a package.
Key Highlights
- 6.87 acres zoned SFR‑00 with pending services and an approved homesite
- South valley views of city lights, the Siskiyou Mountains, and Manor Hill
- North portion designated Estate Lots - SFR‑2
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
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 - Residential development acreage with homesite approval, zoning for both estate lots and rowhouses, and utilities available at the street.
Where is this residential land & home lot located?
The property is located at Cherry Lane Tl2200 Medford, OR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 6.87 acres zoned SFR‑00 with pending services and an approved homesite; South valley views of city lights, the Siskiyou Mountains, and Manor Hill; North portion designated Estate Lots - SFR‑2
