0 Cherry Lane, Medford, OR 97504

Medford
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
0 Cherry Lane,Medford, OR 97504
$9,800,000
  • 167 Acres
  • Lots / Land
  • Active
Listed by: caspian c hoehne, scott n king
Office: merit commercial re, llc.
MLS#:220179075
Source:OR_SOMLS

Price summary

  • Price:$9,800,000

About this home

An opportunity to own 1% of the total land area of Medford, Oregon - welcome to The Highlands. 167-acres on one tax lot, The Highlands is tucked in the East Medford hills & commands the most desirable location & views. Ideally situated for a luxury development site, there is a grandfathered PUD laying out 800+ units of detached SFR, condos, & townhomes as well as senior living facilities & multifamily sites. Developers could utilize The Highlands to deliver a market-defining project. Combining world-class views with convenience, each residence located within The Highlands will be <10 mins to grocery, dining, Asante hospital, recreation, & <15 mins to RV Intl. Airport & I-5 access. Sharing a property line, Prescott Park offers 17+ miles of public trails next door. Utilities are stubbed/close, believed to have adequate capacity for the first few phases of development. Take advantage of great demographics and a growing market with The Highlands! Buyers to complete all due diligence.

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Home facts

  • Listing ID #:220179075
  • Added:61 day(s) ago
  • Updated:March 31, 2026 at 02:29 PM

Structure and exterior

  • Lot area:167 Acres
  • Lot Features:Adjoins Public Lands

Schools

  • High school:North Medford High
  • Middle school:Hedrick Middle
  • Elementary school:Hoover Elem

Utilities

  • Water:Public

Finances and disclosures

  • Price:$9,800,000
  • Tax amount:$16,105 (2023)

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