Property details
About 4900 Cherry Ln
Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. 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 some larger upscale homes and some 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 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!
Highlights
Summary
- Attached Garage: No
- View: City, Mountain(s), Valley
- List Price: $3,550,000
- Annual Tax Amount: $7,259
- Tax Year: 2023
- Directions: N Phoenix rd. to Cherry Ln. to property. Look for yellow Whitetail Properties sign
- Lot Size: 36.8 Acres
- MLS Number: 302483253
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Whitetail Properties Real Estate LLC
- Office Phone: (406) 209-8935
- Listing Agent: Ryan Kelly
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Last updated on: 7/24/2025, 1:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 04, 2013 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $483,340 | $7,259 |
| 2022 | $469,270 | $7,032 |
| 2021 | $455,610 | $7,032 |
| 2020 | $455,610 | $6,851 |
| 2019 | $429,460 | $6,547 |
| 2017 | $404,820 | $6,264 |
History based on county public records data.
Nearby schools
3
Orchard Hill Elementary School
Public District KG-5
2.2 mi
•1011 La Loma Dr
8
Hoover Elementary School
Public District KG-5
2.3 mi
•2323 Siskiyou Blvd
6
Lone Pine Elementary School
Public District KG-5
2.4 mi
•3158 Lone Pine Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,544. The most common annual income of people living in Medford, OR is between $100k-200k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
Frequently asked questions
About 4900 Cherry Ln
The listing price of 4900 Cherry Ln property is $3,550,000.
The property 4900 Cherry Ln is land located in Medford, Oregon, 97504.
Active Listing: 4900 Cherry Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4900 Cherry Ln are: Orchard Hill Elementary School (GreatSchools Rating 3/10), Hoover Elementary School (GreatSchools Rating 8/10), Lone Pine Elementary School (GreatSchools Rating 6/10), Hedrick Middle School (GreatSchools Rating 6/10), Kids Unlimited Academy (GreatSchools Rating 2/10), The Valley School of Southern Oregon (GreatSchools Rating 7/10), North Medford High School (GreatSchools Rating 6/10), Phoenix High School (GreatSchools Rating 10/10), Central Medford High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $7,259 (source: MLS/based on county public records data).
The last sale was on March 4, 2013 for $800,000 (source: MLS/tax record).
The property 4900 Cherry Ln is 36.8 acres.
This home is located at 4900 Cherry Ln in Medford, OR and zip code 97504. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $3,550,000.
The number of homes for sale in Medford, OR increased by 25% between May and June 2025. Listings spent 132 days on the market in June 2025, and had a median list price of $469,500 during the same period.