5111 CHERRY LN

Medford, 97504

  • Bed

  • Bath

  • SqFt

  • 349 DOM

  • Built:

  • Status: Active

$1,350,000

X

5111 CHERRY LN

Medford 97504

$1350000

  • Bed

  • Bath

  • SqFt

  • 349 DOM

  • Built:

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Prime 6.97-acre parcel with MFR-15 zoning allowing 10-15 units/acre. Truly a beautiful piece of land, this stunning property offers panoramic views across the valley to the west with breathtaking sunsets. Surrounded by upscale custom homes in the desirable Hillcrest/Cherry Lane area. Perfect for multifamily or residential development, it provides flexibility to build on a single tax lot (no need to split-multifamily can be built on 1 tax lot) or split into multiple lots. Annexed into the city in 2008, it's a part of the SE Medford plan for medium-to-high density housing, making it a rare opportunity with incredible development potential. Conveniently located in a lovely neighborhood, this site combines beauty and functionality for your next project. Buyer to perform own due diligence with the City of Medford. All information is deemed reliable but not guaranteed. Buyer to do all of their own due diligence to verify all information.

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Residence Information

  • No

Features and Utilities

Financial

  • 2758.29

  • 0

  • Cash,Conventional

  • 12-31-2024

  • No

  • No

Comparable Information

  • 349

  • 349

  • Cash,Conventional

  • $1,350,000

  • $1,350,000

  • Sep 23, 2025 14:47

Schools

Elementary : Hoover N/A Ratings
Middle : Hedrick N/A Ratings
High : South Medford N/A Ratings

Map

Listing courtesy of Millen Property Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Dec 15, 2025 00:52 | Listing last modified Sep 23, 2025 14:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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