PHASE 2 - 4195 Rachel Way Road, Medford, OR 97501 | MLS #220196067 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Windermere Van Vleet JacksonvilleMLS# 220196067MLS Provider
  • 494 days on site
  • 1 views

Explore an exceptional investment opportunity in desirable East Medford. PHASE 2 at Red Tail Heights is an approximately 5.5 acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 15 +/- 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. 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. Breathtaking views. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!

Source: Oregon Datashare, MLS#: 220196067

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  • Property Type
    Land
  • Lot
    5.50 acres

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  • Median Age
    36
  • Population Density
    887
  • College Educated
    25%
  • Estimated Median Income
    $48,865
  • Estimated Total Home Owners
    10,029
  • Estimated Total Renters
    8,656
  • Owner / Renter Divide
    54% / 46%
  • Estimated Average Household Size
    2
  • Total Population
    47,160
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
2/20/2025Source: Oregon Datashare Added to Database
February 20, 2025