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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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4900 Cherry Ln , Medford, OR 97504
$3,550,000
Est. Payment: $18,130.41/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 30
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9WHT01 - KELLYR
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House Description

Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. It is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for some larger upscale homes and some smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed! The city is planning on building a pump station to bring water to this area in a few years or they would work with developers and surrounding land owners to get it done sooner and develop a plan to help recoup the upfront costs as homes pay to connect to the water supply. Either way, this property will do nothing but increase in value as time goes on and infrastructure continues to be built all around it. Get it now while you can. Buyers to do their due diligence on all aspects of the property and potential uses.

Highlights

Listed by Ryan Kelly , 541-915-9912 Whitetail Properties Real Estate LLC , 541-915-9912. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
36.8

County

Jackson

Area

801 - Jackson Co: East Medford

Listing ID

388557110

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Gentle Sloping,Level
Zoning:Res.Dev
Principal Interest
$18,130
Taxes
$635

Home Price

$3,550,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$710,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,130.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,130.41 $634.65 $0.00 $18,765.06
Yearly $217,564.89 $7,615.77 $0.00 $225,180.66
Total $6,526,946.79 $228,473.10 $0.00 $6,755,419.89

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Medford, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-09-07T15:54:13.000Z

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