Cherry Lane , Medford, OR 97504(Jackson County)

Encompassing 167 acres of prime residential development land, The Highlands allows a developer to step into a high-end south-facing development site at scale in one of the most desirable neighborhoods in Southern Oregon. The original, grandfathered PUD lays out a large-scale development consisting of approximately 800+ single-family homes, as well as senior living facilities, condos, townhouses, and multifamily buildings. A developer isn't limited to this layout but could use the master plan and deliver a market-defining project.

All utilities are either stubbed directly to the property or within close proximity. Water, sewer, and storm drain are available, and high-capacity power runs the length of the site into the adjacent Pacific Power substation. The topography is usable and allows for desirable views of lots and homes, with approximately 75% of the site under a 25% slope. The Highlands offers 1.00% of the total land supply of Medford, Oregon.

Combining world-class views with convenience, each residence located within The Highlands is less than 10 minutes to every necessity, including grocery, dining, Asante Rogue Regional Medical Center, healthcare clinics and practices, recreation, and much more. Rogue Valley International Airport, as well as Interstate 5 access, are also less than 15 minutes away.

Directly adjacent to the North, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails and is one of the most accessible and desirable parks in the Rogue Valley. The Rogue Valley has consistently proven itself as a growing market, with demand for high-quality luxury single-family and higher-density products. East Medford is one of the most desirable areas in the region, and it has very strong income and employment demographics.