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- LoopNet Team
5500 Hillcrest Rd
Medford, OR 97504
Rare Development Property.#220137792 · Land For Sale · 97.08 AC
Investment Highlights
- Development potential
- Beautiful existing home
- 97.08ac with 61ac in the UGB
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 97.08 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 97.08 AC |
Description
A rare investment property with a gorgeous home on 97.08 acres, 61.33 acres of which are included in the Medford UGB. Preliminary site planning has been explored by CSA land use planners, an extensive file with suggested site plan is already developed and indicate potential for SFR-2, 88 units SFR-4, 44 units SFR-10 and 128 MFR-30. Utilities are available for development across Hillcrest. Located across from Saddle Ridge in an area of luxury home development properties. The 2004 built home is a beautiful, custom-designed 4 bedroom with 4,884 sqft and features a 10 x12 complete climate control wine room, GE Monogram refrigerator and freezer, as well as pool and hot tub. Enjoy the spectacular, expansive views while waiting for the inevitable march of development to come to you.
PROPERTY TAXES
| Parcel Number | 10425301 | Improvements Assessment | $996,230 |
| Land Assessment | $20,188 | Total Assessment | $1,016,418 |
PROPERTY TAXES
zoning
| Zoning Code | EFU |
| EFU |
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