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0 Cherry Lane, Medford, OR 97504

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For Sale

$11,000,000

167 acres

Estimated Payment

$ 56,493 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 167 acres
    Lot size

Explore this Property

Merit Commercial Real Estate and LandLeader have been exclusively retained to market for sale The Highlands, a landmark development offering encompassing the bulk of East Medford proper. The Highlands stands as a legacy property, offering a visionary developer the perfect blank slate for a luxury single-family and mixed use product. Encompassing 167 acres of prime residential development land, The Highlands allows a developer to step into a high-end south-facing development site at scale in one of the most desirable neighborhoods in Southern Oregon. The original, grandfathered PUD lays out a large-scale development consisting of a majority of single-family homes, as well as senior-living facilities, condos, townhomes, and multifamily. A developer isn't limited to this layout, but could use the master plan and deliver a market-defining project. Speaking to the scale of the project, The Highlands offering is 1.00% of the total land supply of Medford, Oregon. Combining world-class views with convenience, each residence located within The Highlands is less than 10 minutes to every necessity, including grocery, dining, Asante Rogue Regional Medical Center, healthcare clinics and practices, recreation, and much more. Rogue Valley International Airport, as well as I-5 access are also less than 15 minutes away. Directly adjacent 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. All utilities are either stubbed directly to the property or within close proximity. Water, sewer, and stormdrain are available, and high-capacity power run the length of the site into the adjacent Pacific Power substation. The topography is usable and allows for desirable view lots/homes; 75%+ of the site is under a 25% slope. The Rogue Valley has consistently proven itself as a growing market, with demand for high-quality luxury single-family and higher-density product. East Medford is the most desirable area in the region with very strong income and employment demographics. Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.) Any density/configuration is subject to final approval.
MLS# 220179075

Courtesy Of Land and Wildlife LLC - Medford

(866) 559-3478

Property Features

  • Architecture Style
    Other
  • Lot Size
    167 Acres

Map and Directions

Directions to 0 Cherry Lane, Medford, OR 97504

Home seller CENTURY 21 J.C. Jones American Dream

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J.C. Jones American Dream

(541) 476-6502
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $56,493
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $56,493

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Abraham Lincoln Elementary School

Grades KG-5 Public School

Medford, OR 97504 3.2 miles
3101 mclaughlin dr

431 total students
17:1 Student teacher ratio

School Rating: B-

School Details

Hedrick Middle School

Grades 6-8 Public School

Medford, OR 97504 3.5 miles
1501 e jackson st

1004 total students
20:1 Student teacher ratio

School Rating: B-

School Details

North Medford High School

Grades 9-12 Public School

Medford, OR 97504 3.4 miles
1900 n keene way dr

1660 total students
24:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
Oakdale Middle School 1.5 miles Public 6-8
Lone Pine Elementary School 2.5 miles Public KG-5 B-
Hoover Elementary School 3 miles Public KG-5 A
Orchard Hill Elementary School 3.1 miles Public KG-5 D+
St Mary's Of Medford 3.1 miles Private 5-12
Kennedy Elementary School 3.7 miles Public KG-5 B
Roosevelt Elementary School 3.7 miles Public KG-5 C
Grace Cascade Christian Schools 4 miles Private PK-12
Central Medford High School 4.1 miles Public 9-12 D
Wilson Elementary School 4.2 miles Public KG-5 D-
Medford Montessori School 4.3 miles Private PK-6
Medford Online Academy 4.4 miles Public KG-8
Kids Unlimited Academy 4.6 miles Public KG-8 D
Phoenix High School 4.7 miles Public 9-12 A+
The Valley School Of Southern Oregon 4.7 miles Public 6-8 B+
5-6 School At Oakdale 4.7 miles Public 5-6
Jefferson Elementary School 4.7 miles Public KG-5 D+

Oakdale Middle School

Distance: 1.5 miles

Type Public

Grades: 6-8

Lone Pine Elementary School

Distance: 2.5 miles

Type Public

Grades: KG-5

B-

Hoover Elementary School

Distance: 3 miles

Type Public

Grades: KG-5

A

Orchard Hill Elementary School

Distance: 3.1 miles

Type Public

Grades: KG-5

D+

St Mary's Of Medford

Distance: 3.1 miles

Type Private

Grades: 5-12

Kennedy Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-5

B

Roosevelt Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-5

C

Grace Cascade Christian Schools

Distance: 4 miles

Type Private

Grades: PK-12

Central Medford High School

Distance: 4.1 miles

Type Public

Grades: 9-12

D

Wilson Elementary School

Distance: 4.2 miles

Type Public

Grades: KG-5

D-

Medford Montessori School

Distance: 4.3 miles

Type Private

Grades: PK-6

Medford Online Academy

Distance: 4.4 miles

Type Public

Grades: KG-8

Kids Unlimited Academy

Distance: 4.6 miles

Type Public

Grades: KG-8

D

Phoenix High School

Distance: 4.7 miles

Type Public

Grades: 9-12

A+

The Valley School Of Southern Oregon

Distance: 4.7 miles

Type Public

Grades: 6-8

B+

5-6 School At Oakdale

Distance: 4.7 miles

Type Public

Grades: 5-6

Jefferson Elementary School

Distance: 4.7 miles

Type Public

Grades: KG-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Medford, OR 97504

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Medford, OR 97504

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are above the national average.

86° July
Hottest Average Month
30° January
Coldest Average Month
21,200 Total Households in Area
-0.2% Increase in population since the year 2010
30.1%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Medford, OR 97504

Medford, OR 97504 has a population of 50,124 people in 21,200 households with a median age of 43.1 years old.

-0.2%
Decrease in population
since the year 2010
Population is Trending down
20,516
Total households as of 2010
3.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.1 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 78%
Hispanic 12%
Other 4%
Asian 4%
Native American 1%
Black <1%
The most prevalent ethnicity is White at 78%, followed by Hispanic at 12%, Other at 4%, and Asian at 4%.

Economics
for Medford, OR 97504

1,061 /sq mi
Population Density
$73,354 /yr
Median Household Income
$450,000
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.89% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 11%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 13,343 60%
Rented 7,857 35%
Vacant 1,056 5%

White vs Blue Collar Jobs







White Collar 82%
Blue Collar 18%

Family & Education Facts
for Medford, OR 97504

43.1 Median Age

Average Household Size

2.3
persons per
household

51.4%

Married Households

Community Population By Education

Bachelors Degree 24%
Some College 23%
High School Graduate 22%
Graduate Degree 14%
Associates Degree 10%
Some High School 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 23.79% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.1% of households have children

Weather
for Medford, OR 97504

The weather for this area ranges from a high of 86° F in July to a low of 30° F in January

86° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
45°
Feb
31°
50°
Mar
33°
54°
Apr
36°
61°
May
41°
69°
Jun
47°
77°
Jul
52°
86°
Aug
52°
85°
Sep
47°
78°
Oct
40°
66°
Nov
35°
51°
Dec
31°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 LandLeader. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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