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5111 Cherry Ln

Medford, OR 97504
  • $1,350,000
  • STATUS: Active
  • ON SITE: 169 Days
  • MLS #: 24418854
UPDATED: 69 min ago
$1,350,000
  • 0
    BEDS
  • 6.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

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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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-06-19T01:50:58.453.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield and should be independently verified.
www.stephaniecoatsteam.com/homes/159102729
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5111 Cherry Ln Medford, OR 97504

  • Price: $1,350,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 69 min ago
  • MLS #: 24418854
0
Beds
0
Baths
0
½ Baths
6.97
Acres
Neighborhood:
Jackson Co: East Medford
County:
Jackson
Area:
Jackson Co: East Medford
Elementary School:
Hoover
Middle School:
Hedrick
High School:
South Medford
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.
Exterior Features

Attached Garage YN No Crop Land Lease YN No Existing Structures YN No Land Description Gentle Sloping Level Lot Features Cleared Corner Lot Public Road Other Structures Baths Total 0.00 Other Structures Bedrooms Total 0 Road Frontage YN Yes Road Surface Type Paved Soil Condition Native View Description City Mountain Valley View YN Yes Waterfront YN No

Interior Features

Cooling YN No Heating YN No

Property Features

Additional Parcels YN No Association YN No Availability Sale Bank Owned YN No Current Use Raw Land Green Certification YN No IDXAddress Display YN Yes Listing Terms Cash Conventional Manufactured Home Allowed YN No Property Attached YN No Property Sub Type Mixed Use Short Sale YN No Tax Annual Amount 2758.29 Tax Year 2024 Utilities See Remarks Zoning MFR-15

Listing provided courtesy of Millen Property Group: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-06-19T01:50:58.453.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield and should be independently verified.
 
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The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield
2645 Suzanne Way #2A
Eugene OR, 97408