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5111 CHERRY LN, Medford, OR 97504
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$1,350,000
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Home Details for 5111 CHERRY LN
Price
$1,350,000
Type
Lots/Land
Lot Size
6.97
County
Jackson
Tax
$2,758.29
MLS®️ Listing#
24418854
On exitrealty.com
261 days
Property Description
Prime 6.97-acre parcel with MFR-15 zoning allowing 10-15 units/acre. Truly a beautiful piece of land, this stunning property offers panoramic views across the valley to the west with breathtaking sunsets. Surrounded by upscale custom homes in the desirable Hillcrest/Cherry Lane area. Perfect for multifamily or residential development, it provides flexibility to build on a single tax lot (no need to split-multifamily can be built on 1 tax lot) or split into multiple lots. Annexed into the city in 2008, it's a part of the SE Medford plan for medium-to-high density housing, making it a rare opportunity with incredible development potential. Conveniently located in a lovely neighborhood, this site combines beauty and functionality for your next project. Buyer to perform own due diligence with the City of Medford. All information is deemed reliable but not guaranteed. Buyer to do all of their own due diligence to verify all information.
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- None
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- None
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School Information
School Information for 5111 CHERRY LN
Elementary School
Hoover
Middle School
Hedrick
High School
South Medford
Listing Courtesy: Millen Property Group - 541-301-3435. Presented by: Patricia Millen
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2025 RMLS of Portland, Oregon. All Rights Reserved.Last Updated: 2025-01-01 04:45:39
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EXIT REALTY BEND
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$1,350,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702