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Cherry LN Medford, OR 97504
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Key Details
Sold Price $640,000
Property Type Vacant Land
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,254,528 sqft
Price per Sqft $0
MLS Listing ID 220188683
Sold Date 01/30/25
Annual Tax Amount $3,476
Lot Size 28.800 Acres
Acres 28.8
Lot Dimensions 28.8
Property Sub-Type Investment
Property Description
An exceptional 28.8-acre site in East Medford. While ideally suited for development, 0 Cherry Lane is also a viable option as a homesite, positioned adjacent to the city limits of Medford and directly in the path of future infrastructure expansion (within <1,500'). Well-positioned within the UGB, this property offers the potential to build a family estate with exceptional views, or just maintain as a low-tax pasture or recreational land, and enjoy significant future potential. The south-facing property offers sweeping views, ensuring that nearly every future home can enjoy an impressive vista stretching to Mt. Ashland, the Cascade and Siskiyou Mountains, nearby golf courses, and the eastern foothills of the Rogue Valley. Less than five minutes to the north, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails and is one of the most accessible and desirable parks in the Rogue Valley. Buyers are advised to conduct all due diligence regarding any development.
Location
State OR
County Jackson
Exterior
Utilities Available None
Garage No
Building
Lot Description Pasture, Sloped
Water None
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 10425715
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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