Property Description
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.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Merit Commercial RE, LLC
Shown By
Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 53,754.47 per month $49,554.13 Principal & Interest $1,342.00 Property Tax $2,858.33 Homeowner's InsuranceChange Payment Information
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0 Cherry Lane | MLS# 220179075
This land located at 0 Cherry Lane, Medford, OR 97504 is currently listed for sale with an asking price of $9,800,000. The property has approximately 167.00 Acres. Search Medford real estate on www.williamraven.realtor today.