Land for Sale in Medford, Oregon
4195 Rachel Way, Medford, OR 97504
Explore an exceptional investment opportunity in desirable East Medford. Red Tail Heights is a 35+acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 70+ residences, this unique property promises significant potential for developers and investors alike, made easy with planning and permitting (annexation, zone change, temporary subdivision plat) already approved. The property is available to be sold in phases. City streets and public services are accessed at three locations. Initial civil engineering work for streets, sidewalks, sewer, and storm drains are completed, along with geotechnical engineering and a a traffic study. Sweeping vistas, including views of the airport, vineyards, mountains, and city lights--along with incredible sunrise and sunset-focused lots. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!
Location
- Street address
- 4195 Rachel Way
- County
- Jackson County
- Elevation
- 1,883 feet
Directions
Off E McAndrews Rd in Medford.
Property details
- Acreage
- 35.47 acres
- Zoning
- OSR
- MLS #
- SORMLS 220186315
- Posted
Property taxes
- 2023
- $2,933
Parcels
- 10496798
Details and features
Listing
- Type
- Land
- Franchise
- Windermere Real Estate
Lot
- View
- City, Mountain, Panorama, Valley
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Abraham Lincoln Elem | Elementary | — | — |
| Hedrick Middle | Middle | — | — |
| South Medford High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 26, 2025 | Price drop | $4,100,000 | $1,900,000 -31.7% | SORMLS |
| July 17, 2024 | New listing | $6,000,000 | — | SORMLS |