For Sale435d on market
4900 Cherry Ln
Medford, OR, 97504 • 97504 • Jackson County
$3,550,000
36.8 acLot
Property DNA
Scenic Views
Mountain(s) · Valley
Market activity
Demand and pricing signals for this listing
44 views
People checking out this listing
3 saves
Buyers have saved this home
435 days on market
Established listing
About this home
Lot
Great development / investment property with views. Located in a desirable area of Medford right next to newer upscale subdivisions and just down the street from the Rogue Valley Country Club. According to the city it is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for larger upscale homes and smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county tax assessor has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed!
Estimated monthly payment
Based on current rates
$22,334/month
Principal & Interest$17,601
Property Tax$3,550
Insurance$1,183
Down payment20% ($710,000)
3%50%
Est. 6.31% rate · 30yr fixed · $2,840,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeResidential Lots, Land
Systems
Water / SewerPublic, None, Other / Public Sewer, Other
Parking & Outdoor
FencingBarbed Wire
Lot36.80 Acres
Location & Tax
Neighborhood97504
Annual tax$7,476
Parcel10425328
Features & details
2 categories of property features
Exterior Features
Views
Mountain(s)
Valley
Utilities
Cable Available
Electricity Available
Fiber Optics Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market435
Est. rent$1,148/mo
Tax rate0.75%
On marketOct 8, 2025
PostedJan 27, 2025
Last sold$800,000
MLS statusActive
MLS updatedOct 8, 2025
Tour days6
Views44
Favorites3
How are the schools in Medford?
3 schools rated nearby
Location
Medford, OR, 97504
Price history
10 events
DateEventPrice$/sqftSource
Oct 8, 2025Listed For Sale$3,550,000—RMLS (OR)
Oct 1, 2025Listing Removed$3,550,000—RMLS (OR)
Jan 21, 2025Listed For Sale$3,550,000—RMLS (OR)
Oct 22, 2021Listing Removed——Oregon Datashare
Nov 13, 2018Listed For Sale$3,400,000—Merit Commercial RE, LLC
Mar 4, 2013Sold$800,000—Public Record
Jul 1, 2012Price Change$1,950,000—RE/MAX IDEAL BROKERS, INC.
Sep 20, 2011Listed For Sale$2,760,000—RE/MAX IDEAL BROKERS, INC.
May 20, 2011Listing Removed$3,680,000—RE/MAX Ideal Brokers, Inc.
Oct 21, 2010Listed For Sale$3,680,000—RE/MAX Ideal Brokers, Inc.
Listed For Sale$3,550,000
Oct 8, 2025•RMLS (OR)
Listing Removed$3,550,000
Oct 1, 2025•RMLS (OR)
Listed For Sale$3,550,000
Jan 21, 2025•RMLS (OR)
Listing Removed—
Oct 22, 2021•Oregon Datashare
Listed For Sale$3,400,000
Nov 13, 2018•Merit Commercial RE, LLC
Sold$800,000
Mar 4, 2013•Public Record
Price Change$1,950,000
Jul 1, 2012•RE/MAX IDEAL BROKERS, INC.
Listed For Sale$2,760,000
Sep 20, 2011•RE/MAX IDEAL BROKERS, INC.
Listing Removed$3,680,000
May 20, 2011•RE/MAX Ideal Brokers, Inc.
Listed For Sale$3,680,000
Oct 21, 2010•RE/MAX Ideal Brokers, Inc.
Tax history
22 years of records
YearTax paidAssessed value
Apr 7, 2024$7,476$497,840
Apr 7, 2023$7,259$483,340
Apr 7, 2022$7,033$483,340
Apr 7, 2021$6,851$469,270
Apr 7, 2020$6,706$442,340
Apr 7, 2019$6,548$429,460
Apr 7, 2018$6,548$416,960
Apr 7, 2017$6,380$416,960
Apr 7, 2016$6,265$393,030
Apr 7, 2015$6,306$393,030
Apr 7, 2014$6,061$370,480
Apr 7, 2013$5,620$359,690
Apr 7, 2012$5,429$349,220
Apr 7, 2011$5,313$339,050
Apr 7, 2010$5,208$329,180
Apr 7, 2009$5,069$319,600
Apr 7, 2008$4,943$310,300
Apr 7, 2007$4,758$301,270
Apr 7, 2006$4,242$291,823
Apr 7, 2005$1,689$116,750
Apr 7, 2004$1,654$113,350
Apr 7, 2003$1,615$110,050
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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