4900 Cherry Ln, Medford, OR 97504
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
4900 Cherry Ln,Medford, OR 97504
$3,550,000
- 36.8 Acres
- Lots / Land
- Active
Listed by: ryan kelly
Office: whitetail properties real estate llc.541-915-9912
MLS#:388557110
Source:PORTLAND
Price summary
- Price:$3,550,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:388557110
- Added:49 day(s) ago
- Updated:September 27, 2026 at 11:19 AM
Structure and exterior
- Lot area:36.8 Acres
Schools
- High school:South Medford
- Middle school:Hedrick
- Elementary school:Hoover
Utilities
- Water:Public Between 500-1000 Feet, Water Available
Finances and disclosures
- Price:$3,550,000
- Tax amount:$7,616 (2025)
New listings near 4900 Cherry Ln
- New
$1,600,000Active2 beds 3 baths2,992 sq. ft.5263 Griffin Creek Road, Medford, OR 97501
MLS# 220229218Listed by: WINDERMERE VAN VLEET & ASSOC. - New
$399,000Active2 beds 1 baths900 sq. ft.1295 Thomas Road, Medford, OR 97501
MLS# 220229202Listed by: RE/MAX PLATINUM - New
$590,000Active3 beds 2 baths1,708 sq. ft.3726 Arizona Drive, Medford, OR 97504
MLS# 220229183Listed by: JOHN L. SCOTT MEDFORD - New
$610,000Active4 beds 2 baths1,867 sq. ft.3169 Monaco Court, Medford, OR 97504
MLS# 220229185Listed by: RE/MAX INTEGRITY - New
$126,500Active0.23 Acres581 E La Strada Circle, Medford, OR 97504
MLS# 220229189Listed by: JOHN L. SCOTT MEDFORD - New
$379,000Active3 beds 2 baths1,571 sq. ft.3523 Carlin Drive, Medford, OR 97504
MLS# 220229195Listed by: HOME QUEST REALTY - New
$335,000Active3 beds 2 baths1,104 sq. ft.3022 Tahitian Avenue, Medford, OR 97504
MLS# 220229169Listed by: EXP REALTY, LLC - New
$675,000Active5 beds 3 baths2,903 sq. ft.4342 Vista Pointe Drive, Medford, OR 97504
MLS# 220229158Listed by: MILLEN PROPERTY GROUP - New
$327,700Active3 beds 2 baths1,200 sq. ft.1117 W 9th Street, Medford, OR 97501
MLS# 220229142Listed by: WINDERMERE VAN VLEET & ASSOCIATES - New
$489,000Active3 beds 2 baths1,536 sq. ft.3703 Carlin Drive, Medford, OR 97504
MLS# 220229128Listed by: JOHN L. SCOTT MEDFORD