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$4,100,000
Est. payment /mo
1,545,073 SqFt
Price Dropped by $1.9M
4195 Rachel WAY Medford, OR 97504
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Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Square Footage 1,545,073 sqft
Price per Sqft $2
MLS Listing ID 220186315
Annual Tax Amount $2,933
Lot Size 35.470 Acres
Acres 35.47
Lot Dimensions 35.47
Property Sub-Type Residential Lots
Property Description
Explore an exceptional investment opportunity in desirable East Medford. Red Tail Heights is a 35+acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 70+ 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. The property is available to be sold in phases. 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. Sweeping vistas, including views of the airport, vineyards, mountains, and city lights—along with incredible sunrise and sunset-focused lots. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!
Location
State OR
County Jackson
Direction Off E McAndrews Rd in Medford.
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available
Garage No
Building
Lot Description Sloped
Water Well
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 10496798
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard

Listed by Windermere Van Vleet Jacksonville