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Listing provided courtesy of Windermere Van Vleet Jacksonville- MLS# 220196067MLS Provider

PHASE 2 - 4195 Rachel Way RoadMedford, OR 97501

Vacant Land · 5.50 Acres
$729,500 Active

PHASE 2 - 4195 Rachel Way Road Overview

Time on Site:
494 days
Visits:
1

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!

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PHASE 2 - 4195 Rachel Way Road Facts & Features

  • Type Vacant Land
  • Lot 5.50 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Abraham Lincoln Elem
  • Middle Or Junior School: Hedrick Middle
  • High School: South Medford High

Business Information

  • Current Use: Vacant

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Tax Information

  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Owner Will Carry
  • Parcel Number: 10496798
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels Description: 10496771 - tax lot 300
  • Additional Parcels: true
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Sloped
  • Lot Size Acres: 5.5
  • Lot Size Area: 5.5
  • Lot Size Square Feet: 239580.0
  • Lot Size Units: Acres
  • Road Surface Type: Dirt,Gravel
  • Water Source: None

Waterfront/View

  • View: Cascade Mountains,City,Mountain(s),Panoramic,Valley,Vineyard

General Information

  • Fencing: Wire
  • Sewer: None
  • Utilities: Cable Available,Electricity Available,Phone Available

PHASE 2 - 4195 Rachel Way Road Neighborhood

Community

97501 (Medford) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

PHASE 2 - 4195 Rachel Way Road Monthly Cost

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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.

PHASE 2 - 4195 Rachel Way Road Market Data

Based on the last 30 days in this zip code

$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
Calculations provided by Reliance Network

PHASE 2 - 4195 Rachel Way Road History

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