Residential Land for Sale in Medford, Oregon
Cherry Ln, Medford, OR 97504
Incredible possibilities! Gorgeous, sweeping south valley views of the city lights, Siskiyou Mountains, and Manor Hill. Southeast Medford residential development opportunity. 6.87 acres zoned SFR-00, pending services to the property. Homesite approved. Build your dream view home! Potential development options also available. Parcel includes two designations by the city of Medford. The larger, northern portion is designated for Estate Lots - SFR-2. The southern portion includes designation for Rowhouses - MFR-15. Utilities available at street. Buyer to conduct buyer's own due diligence with regards to buyer's desired investigations and/or intended purposes. Seller is offering first right of refusal to potential buyer for adjoining .61 acre lot and home at 4935 Cherry Lane, Medford OR 97504. The two properties are being offered as a package (home at 4935 Cherry Lane AND adjoining acreage at 0 Cherry Lane TL#2200) for a total of 7.48 acres for $1,299,900.
Location
- Street address
- Cherry Ln
- County
- Jackson County
- Community
- Medford Heights Addition
- Elevation
- 2,032 feet
Directions
Cherry Lane, between Hillcrest and North Phoenix.
Property details
- Acreage
- 6.87 acres
- Zoning
- Sfr-00
- MLS #
- ODS 220213607
- Posted
Property taxes
- 2025
- $1,362
Parcels
- 10425685
Details and features
Listing
- Type
- Land
Lot
- View
- Mountains, Territorial, Valley
- Features
- Sloped
Nearby schools
| Name | Type |
|---|---|
| Hoover Elem | Elementary |
| South Medford High | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 13, 2026 | Price increase | $575,000 | $175,000 43.8% | ODS |
| Apr 6, 2026 | Price drop | $400,000 | $175,000 -30.4% | ODS |
| Mar 9, 2026 | Price drop | $575,000 | $20,000 -3.4% | ODS |
| Feb 16, 2026 | Price drop | $595,000 | $200,000 -25.2% | SORMLS |
| Jan 28, 2026 | Price drop | $795,000 | $105,000 -11.7% | SORMLS |
| Jan 15, 2026 | New listing | $900,000 | — | SORMLS |