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 Provided Courtesy of Patricia Millen, Millen Property Group
General Information
24418854
MixedUse
283
DOM
6.97 acres
MFR-15
Jackson
10721991
Hoover 7/10
Hedrick 8/10
South Medford
Land
MixedUse
371W260000
Listing Provided Courtesy of Patricia Millen, Millen Property Group
Krishna Realty data last checked: Oct 10, 2025 01:42 | Listing last modified Sep 23, 2025 14:47,
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Residence Information
No
Features and Utilities
Financial
2758.29
0
Cash,Conventional
12-31-2024
No
No
Comparable Information
283
283
Cash,Conventional
$1,350,000
$1,350,000
Sep 23, 2025 14:47
Schools
public Elementary : Hoover
7/10Ratingspublic Middle : Hedrick
8/10Ratings High : South MedfordN/ARatings
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.
