For Sale389d on market
Phase 2 4195 Rachel Way Rd
Medford, OR, 97501 • 97501 • Jackson County
$729,500
5.5 acLot
Property DNA
Scenic Views
Mountain(s) · City · Panoramic · Valley · Vineyard
Market activity
Demand and pricing signals for this listing
28 views
People checking out this listing
3 saves
Buyers have saved this home
389 days on market
Established listing
About this home
Lot
Explore an exceptional investment opportunity in desirable East Medford. PHASE 2 at Red Tail Heights is an approximately 5.5 acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 15 +/- 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. 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. Breathtaking views. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!
Standout features identified
Our analysis highlights breathtaking views and picturesque locale as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,565/month
Principal & Interest$3,593
Property Tax$730
Insurance$243
Down payment20% ($145,900)
3%50%
Est. 6.25% rate · 30yr fixed · $583,600 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeResidential Lots, Land
Systems
Water / SewerNone / None
Parking & Outdoor
FencingWire
Lot5.50 Acres
Location & Tax
Neighborhood97501
Parcel10496798
Features & details
3 categories of property features
Exterior Features
Lot Features
Sloped
Views
Mountain(s)
City
Panoramic
Valley
Vineyard
Utilities
Cable Available
Electricity Available
Phone Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market389
Tax rate0.75%
On marketFeb 20, 2025
PostedFeb 20, 2025
MLS statusActive
MLS updatedFeb 17, 2026
Tour days6
Views28
Favorites3
How are the schools in Medford?
3 schools rated nearby
Location
Medford, OR, 97501
Price history
1 event
DateEventPrice$/sqftSource
Feb 20, 2025Listed For Sale$729,500—Oregon Datashare
Listed For Sale$729,500
Feb 20, 2025•Oregon Datashare
Nearby homes
Neighborhood details
Local context around this listing
Medford, OR • Jackson County
Nearby cities
AshlandCentral PointEagle PointGold HillJacksonvilleMedfordPhoenixRogue River
Nearby zip codes
975019750497540
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