0 Cherry Lane, Medford, OR 97504

Merit Commercial Real Estate and LandLeader have been exclusively retained to market for sale 0 Cherry Lane, an exceptional 28.8-acre site in East Medford. Overlooking the Rogue Valley, the site boasts nearly 360-degree views from its peak elevation.

While ideally suited for development, 0 Cherry Lane is also a viable option as a homesite, positioned adjacent to the city limits of Medford, Oregon, and directly in the path of future infrastructure expansion. Currently within the Urban Growth Boundary (UGB), the site is well-positioned for a variety of uses until its full development potential is realized. A buyer could build a family estate and enjoy an unprecedented view and location, with immense future exit options available.

Alternatively, the property could be maintained as pasture or recreational land with low taxes based on farm zoning (will change upon annexation). The south-facing property offers sweeping views, ensuring that nearly every future home can enjoy an impressive vista stretching to Mt. Ashland, the Cascade and Siskiyou Mountains, nearby golf courses, and the eastern foothills of the Rogue Valley. Less than five minutes to the north, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails and is one of the most accessible and desirable parks in the Rogue Valley.

Combining world-class views with convenience, each future residence within 0 Cherry Lane will be less than 10 minutes from every necessity, including grocery stores, dining options, Providence Medford Medical Center, Asante Rogue Regional Medical Center, health care clinics and practices, recreation, and much more. Rogue Valley International Airport and I-5 access are also less than 15 minutes away. All utilities are planned to be extended to serve the property in the future and are currently within 1,500 feet as of this report.

The Rogue Valley has consistently proven itself as a growing market, with strong demand for high-quality luxury single-family homes and higher-density developments. East Medford is the most desirable area in the region, with very strong income and employment demographics.

Buyers are advised to conduct all due diligence regarding the requirements and associated costs of development, including but not limited to applications, permits, improved access, required off site improvements, utility availability and extension, and other considerations. Any density or configuration is subject to final approval.