SoldJan 30, 2025

Listed by Caspian Hoehne and Chris Martin from Merit Commercial RE, LLC

, 

Bought with Arron Waldron from Home Quest Realty

Source: MLS of Central Oregon #220188683

Cherry Ln, Medford, OR, 97504

$640,000

1254528 sq. ft.

Land

•

30+ days on the market

Sold: Jan 30, 2025

What's around Cherry Ln

About this property

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.

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