5111 Cherry LaneMedford, OR 97504
Prime 6.97-acre parcel with potential opportunity for 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.
| 7 months ago | Status changed to Active | |
| 7 months ago | Listing updated with changes from the MLS® | |
| 7 months ago | Listing first seen on site |
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This content last updated on 2025-07-16 01:05 AM PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.
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