Land > Vacant Land / Residential
Active
09/23/2025
List Price
$1,350,000
5111 Cherry Ln
Medford, OR 97504
- -Bed
- -Bath
- -Living Area
- 7acLot Size
- -Pool
- -Car
- -Year Built
- 41DOM
- -Permit
5111 Cherry Ln, Medford, OR 97504 is a vacant/residential land of 6.970 acres. This vacant / residential is currently listed for $1,350,000, and it was last sold in 2012 for $265,000.
MLS Description
The listing agent's description. Original Listing
Prime 6.97-acre parcel with potential opportunity for MFR-15 zoning allowing 10-15 units/acre. Truly a beautiful piece of land, this stunning property offers panoramic views across the valley to the west with breathtaking sunsets. Surrounded by upscale custom homes in the desirable Hillcrest/Cherry Lane area. Perfect for multifamily or residential development, it provides flexibility to build on a single tax lot (no need to split-multifamily can be built on 1 tax lot) or split into multiple lots. Annexed into the city in 2008, it's a part of the SE Medford plan for medium-to-high density housing, making it a rare opportunity with incredible development potential. Conveniently located in a lovely neighborhood, this site combines beauty and functionality for your next project. Buyer to perform own due diligence with the City of Medford. All information is deemed reliable but not guaranteed. Buyer to do all of their own due diligence to verify all information.
Listing Agents
The listing agent for 5111 Cherry Ln is Patricia Millen.
PM
Patricia Millen
Millen Property Group
License: 940200113
Phone: (541) 301-3435
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$2,758.29From latest Total Assessed Value1.5%Total Assessed Value$183,400=Land+
Assessed Value$183,400Additions
Assessed Value$0
In 2024, taxes billed for 5111 Cherry Ln were $2,758.29, which is 1.50% from latest Total Assessed Value of $183,400.
Property History
5111 Cherry Ln has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5111 Cherry Ln
Hazard Risks
Carb Mono178Lead133Earthquake126Ozone120Air Pollution119Nat'l Avg100Particulates100Wind11Hail9Weather1Hurricane0Tornado0
10 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5111 Cherry Ln.
Walkability Index
7 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5111 Cherry Ln has a walkability score of 7 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
47°F
Summer
Average
Low
50°F
High
83°F
In the winter at 5111 Cherry Ln, temperatures range from 30.83°F to 46.59°F with an average of 38.71°F. In the summer, the temperature ranges from 50.41°F to 82.55°F with and average of 66.48°F.
School Information
Public/private schools serving 5111 Cherry Ln
Public Schools
Hedrick Middle School
Grades: 7-8
3.53 mi
A-
South Medford High School
Grades: 9-12
5.61 mi
C+
Hoover Elementary School
Grades: KG-6
2.74 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5111 Cherry Ln have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 97504.
Seasonal Housing units 97504
11%of housing is for seasonal rent.
Daytime Population for 97504
+24%of people during work hours.
Crime Index for 97504
90
90
The crime index in 97504 is 90, which is 0.9 times lower than national average.
Market Trends
Historical market data near 5111 Cherry Ln over selected time period.
Nearby Properties on Cherry Ln
- 3973 Cherry Ln, Medford, OR 97504 (Cherry Lane Estates) is a 3,499 square foot, 3 bedroom, 4 bathroom, 0.48 acre property. It was built in 1989 and has an estimate of $962,972 with a price per ft² of $275.
- 4555 Cherry Ln, Medford, OR 97504 is a 5,329 square foot, 2 bedroom, 3 bathroom, 1.98 acre property. It was built in 2019 and has an estimate of $890,223 with a price per ft² of $167.
- 4495 Cherry Ln, Medford, OR 97504 is a 3,422 square foot, 4 bedroom, 2 bathroom, 2.31 acre property. It was built in 1967 and has an estimate of $939,420 with a price per ft² of $275.
- 3825 Cherry Ln, Medford, OR 97504 (Bel Air Heights) is a 2,752 square foot, 3 bedroom, 3 bathroom, 0.46 acre property. It was built in 1974 and has an estimate of $586,763 with a price per ft² of $213.
- 3958 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 0.3 acre property.
- 3830 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 1,749 square foot, 3 bedroom, 2 bathroom, 0.31 acre property.
- 3972 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 4,088 square foot, 4 bedroom, 3 bathroom, 0.29 acre property. It was built in 2006 and has an estimate of $1,020,596 with a price per ft² of $250.
- 3874 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 3,234 square foot, 3 bedroom, 2 bathroom, 0.25 acre property. It was built in 2005 and has an estimate of $822,561 with a price per ft² of $254.
- 3525 Cherry Ln, Medford, OR 97504 (Rockwood) is a 2,916 square foot, 3 bedroom, 3 bathroom, 0.26 acre property. It was built in 1997 and has an estimate of $590,050 with a price per ft² of $202.
- 3590 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 3,077 square foot, 4 bedroom, 3 bathroom, 0.3 acre property. It was built in 2004 and has an estimate of $686,613 with a price per ft² of $223.
- 3586 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 2,828 square foot, 3 bedroom, 2 bathroom, 0.27 acre property. It was built in 2004 and has an estimate of $679,172 with a price per ft² of $240.
- 3962 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 0.3 acre property.
- 4530 Cherry Ln, Medford, OR 97504 is a 3,052 square foot, 3 bedroom, 2 bathroom, 15.97 acre property.
- 3952 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 0.3 acre property.
- 4038 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 3,694 square foot, 4 bedroom, 3 bathroom, 0.29 acre property. It was built in 2006 and has an estimate of $1,341,841 with a price per ft² of $363.
- 4305 Cherry Ln, Medford, OR 97504 is a 3,242 square foot, 4 bedroom, 3.5 bathroom, 2.17 acre property. It was built in 1970 and has an estimate of $974,481 with a price per ft² of $301.
- 5100 Cherry Ln, Medford, OR 97504 is a 2,007 square foot, 4 bedroom, 1 bathroom, 94.39 acre property. It was built in 1864 and has an estimate of $794,050 with a price per ft² of $396.
- 4059 Cherry Ln, Medford, OR 97504 (Cherry Lane Estates) is a 3,599 square foot, 6 bedroom, 3 bathroom, 0.35 acre property. It was built in 2002 and has an estimate of $863,713 with a price per ft² of $240.
- 4119 Cherry Ln, Medford, OR 97504 (Cherry Lane Estates) is a 2,769 square foot, 3 bedroom, 2 bathroom, 0.35 acre property. It was built in 2004 and has an estimate of $771,781 with a price per ft² of $279.
- 4123 Cherry Ln, Medford, OR 97504 (Cherry Lane Estates) is a 3,593 square foot, 4 bedroom, 3 bathroom, 0.35 acre property. It was built in 2004 and has an estimate of $1,049,583 with a price per ft² of $292.
- 5641 Cherry Ln, Medford, OR 97504 (Eagle Trace) is a 1,972 square foot, 3 bedroom, 2 bathroom, 0.24 acre property. It was built in 1995 and has an estimate of $534,319 with a price per ft² of $271.
- 4645 Cherry Ln, Medford, OR 97504 is a 3,858 square foot, 5 bedroom, 3 bathroom, 2 acre property. It was built in 1963 and has an estimate of $847,006 with a price per ft² of $220.
- 3578 Cherry Ln, Medford, OR 97504 (Rockwood) is a 3,231 square foot, 4 bedroom, 2 bathroom, 0.27 acre property. It was built in 2003 and has an estimate of $610,555 with a price per ft² of $189.
- 3582 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 2,733 square foot, 4 bedroom, 2 bathroom, 0.25 acre property. It was built in 2004 and has an estimate of $696,796 with a price per ft² of $255.
- 3584 Cherry Ln, Medford, OR 97504 (Summerfield At South East Park) is a 2,630 square foot, 4 bedroom, 3 bathroom, 0.26 acre property. It was built in 2004 and has an estimate of $670,866 with a price per ft² of $255.
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