photo 1: 5111 CHERRY LN, Medford OR 97504

Listing courtesy of Millen Property Group.

Active

5111 CHERRY LN, Medford OR 97504

$1,350,000

Price

-

Beds

-

Baths

303,613

(Lot) Sq. Ft.

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.

Listing Type

Land

Property Type

MixedUse

Built Year

--

Levels

--

Price/Sqft

--

Lot Size Acre

6.97

Status

Active

Days on Realoq

121

Living Area

-- Sq. Ft.

Lot Size Sqft

303,613 Sq. Ft.

Location

Fireplace
  • No
Agent

Patricia Millen

Brokerage

Millen Property Group

Source AOR

Jackson

Listing ID #

24418854

This content last updated on 05/03/2025 12:47 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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 Realoq Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 05/03/2025 12:47 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Listing content is © 2025 RMLS, Portland, Oregon.

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