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20885846
20885873

Hillcrest Rd, Medford, OR 97504

SK
Oregon 200602153
Merit Commercial Real Estate
CH
OR 201234073
Merit Commercial Real Estate
Listed by Merit Commercial Real Estate
$1,700,000
881 days on market
Updated 79 days ago

The Ridge at Highlands

Details
Property Type Land
Sub Type Commercial
Price Per Acre $48,206
Acreage 37.340
Zoning SFR-4 (low-density single-family)

Luxury Single-Family Development Land | View Lots | Southern Oregon

Marketing description

Introducing The Ridge at Highlands - a stunning, high-end residential development offering in one of the most desirable neighborhoods of the rapidly growing Medford MSA. This prime piece of residential development ground offers a developer supply of a proven, high-end single-family product for multiple years.

This property stands out for its exceptional location and breathtaking views. Nestled on a sloping landscape facing southwest, this one-of-a-kind property presents an extraordinary chance to embrace picturesque valley and city views.

Multiple existing, paved, and improved access roads (Cherry Lane, Cloudcrest Drive, and Stardust Way) are stubbed directly to the property. Water and sewer lines currently run through the property, with adequate capacity believed to be available (buyer to confirm). The incoming developer will be able to inherit phased conceptual plans and preliminary engineering, allowing for an accelerated timeline to breaking ground.

The first phase of the conceptual plan has already been developed, proving the viability of the project. Arrange a tour today of one of the very last buildable, luxury single-family development pieces in East Medford. Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval.


Investment highlights

  • Largest Development Portfolio in Southern Oregon
  • Flexible Uses and Zoning
  • Demographic and Geographic Tailwinds
  • Minimal Utility & Off-Sites Cost
  • Compelling By-Th e-Pound Pricing

Listing Contacts

SK
Oregon 200602153
Merit Commercial Real Estate
CH
OR 201234073
Merit Commercial Real Estate
Listed by Merit Commercial Real Estate

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