Zip codes 97504 homes for sale starting at Fifty Thousand Dollars

$11,000,000 - Medford, OR

0 Cherry Lane Medford, OR - Merit Commercial Real Estate and LandLeader have been exclusively retained to market for sale The Highlands, a landmark development offering encompassing the bulk of East Medford proper. The Highlands stands as a legacy property, offering a visionary developer the perfect blank slate for a luxury single-family and mixed use product. 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 a majority of single-family homes, as well as senior-living facilities, condos, townhomes, and multifamily. A developer isn't limited to this layout, but could use the master plan and deliver a market-defining project. Speaking to the scale of the project, The Highlands offering is 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 I-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. All utilities are either stubbed directly to the property or within close proximity. Water, sewer, and stormdrain are available, and high-capacity power run the length of the site into the adjacent Pacific Power substation. The topography is usable and allows for desirable view lots/homes; 75%+ of the site is under a 25% slope. The Rogue Valley has consistently proven itself as a growing market, with demand for high-quality luxury single-family and higher-density product. East Medford is the most desirable area in the region with very strong income and employment demographics. Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.) Any density/configuration is subject to final approval.

$7,900,000 - Medford, OR

4542 Aerial Heights Dr Medford, OR - A one-of-kind California-style modern home on 2.14 acres with stunning views of the Siskiyou Mountains, this spectacular House on a Hill features a guest house, arboretum, artisan studio and outdoor entertainment area with pool and putting green.~The main home centers on an open-plan living space with 15-foot windows that frame the view. An ample living room area focuses around a floor-to-ceiling, wood-burning fireplace, opposite a beautifully-appointed open kitchen with a granite island and walnut breakfast bar. The main living space extends to a generous covered balcony with gas firepit and also enjoys a full bath, separate meditation room and wall of paned glass that connects to a large office. A second well-appointed catering kitchen connects to the laundry room and three-car garage.~The master bedroom enjoys floor-to-ceiling windows, gas fireplace and flat screen TV. Heated marble floors lead to a glamorous master bath with gorgeous tile, free-standing tub for two, double walk-in shower, large vanities and two private bidet toilet rooms and walk-in closets.~The lower floor features two ensuite bedrooms with full baths, a baby nursery, meditation room, wine room, tasting area and an open plan living area with full kitchen, bar, media area, gas fireplace, work-out gym and expansive views of the valley.~Out door amenities include the infinity-edge pool, fire bowls, covered open-air kitchen and cabana, wood-burning fireplace and 15-foot bar. A private walking path meanders by an outdoor Swedish sauna, dog run, mini orchard, and encircles the entire property.~Across a courtyard is a self-contained guest house with kitchen, two bathrooms, laundry, living room and fireplace.~A glass climate-controlled arboretum/greenhouse with 15-foot ceilings supports year-round growing and gathering.~A two-level, climate-controlled artisan studio offers 4-bays, bathroom, private parking and jaw-dropping views from two decks! EZ access to Rogue Valley Airport (private/public travel).

$6,760,000 - Medford, OR

0 Crater Lake Avenue Medford, OR - This exceptional 13.52-acre commercial opportunity sits along Crater Lake Highway, offering unmatched visibility and access to high-volume traffic just outside thriving Medford. Position your business at the gateway of an 182-acre mixed-use development that will soon welcome over 475 residential homes and apartments, creating a built-in customer base from day one. Strategic location within a designated Opportunity Zone unlocks valuable tax incentives for savvy investors. With highway frontage providing constant exposure to potential customers and substantial surrounding growth planned, this parcel represents the ideal foundation for retail, hospitality, or mixed commercial ventures. Don't miss this rare chance to secure prime real estate in Southern Oregon's expanding market--where your business vision meets development potential and tax advantages in one perfectly positioned property. Additional commercial and apartment land available!

$5,635,000 - Medford, OR

0 Crater Lake Avenue Medford, OR - Prime commercial opportunity awaits on 11.27 acres just outside Medford's. This shovel-ready property offers immediate development potential with utilities delivered street-side to each lot by an established developer. Located within Medford's coveted Opportunity Zone, investors gain substantial tax advantages while positioning their business in a rapidly expanding 187-acre master-planned community. This project has already secured all necessary approvals--simply bring your commercial vision and watch it materialize with support from a respected local development team. As part of the City of Medford, this property presents versatile options for retail, medical, hospitality, or mixed-use concepts. Act now as surrounding residential lots are selling quickly, ensuring a built-in customer base at your doorstep. Don't miss this rare combination of prime location, tax incentives, and development-ready status in Southern Oregon's fastest-growing corridor.

$4,500,000 - Medford, OR

4692 Crater Lake Avenue Medford, OR - Prime Development Opportunity: Just outside Medford sits a coveted 12-acre parcel with commercial zoning already in place for apartment development. This Opportunity Zone property offers exceptional tax advantages for investors while accommodating up to 300 residential units. Future residents will enjoy a tranquil setting with stunning views, all while maintaining easy access to urban conveniences. The strategic location combines peaceful surroundings with proximity to amenities, creating an ideal living environment. This investment delivers immediate tax benefits alongside strong long-term growth potential in an increasingly desirable market. Don't miss this chance to design and develop the next standout addition to your investment portfolio.

$4,100,000 - Medford, OR

4195 Rachel Way Medford, OR - Explore an exceptional investment opportunity in desirable East Medford. Red Tail Heights is a 40-acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 70+ 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. The property is available to be sold in phases. 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. Sweeping vistas, including views of the airport, vineyards, mountains, and city lights--along with incredible sunrise and sunset-focused lots. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!

$3,250,000 - Medford, OR

0 Terri Dr. Medford, OR - Discover the essence of rugged beauty and serenity at this expansive 760-acre ranch, nestled in the heart of Southern Oregon, with sweeping views over the majestic Rogue Valley. Renowned for its abundant wildlife, this property is a sanctuary for deer, elk, bear, cougar, bobcat, turkey, eagles, and more, making it an ideal location for big game hunters or nature enthusiasts alike. The ranch features two natural ponds that not only beautify the landscape but also serve as vital water sources for the wildlife and the cattle that currently graze these pastures. These ponds create a haven for the local animals and are a key attraction for anyone interested in wildlife observation or photography. Central to the ranch is a grandfathered homesite, affectionately known as "Tombstone" due to its distinctive rock sculpture landscaping that adds an element of unique charm. This site offers spectacular views and serves as a perfect canvas for building a dream home that blends seamlessly with the tranquility and picturesque scenery of its surroundings. Accessibility is a breeze with multiple roads leading to and throughout the property, ensuring easy access to every corner of this vast estate. Whether you're a hunter, hiker, rancher, or someone dreaming of a serene retreat from the bustle of modern life, this property offers it all. This ranch is not just a piece of land; it's a potential home, a hunting paradise, a ranching venture, and a personal retreat with unbeatable views and boundless possibilities. Seize the opportunity to own a piece of Oregon's stunning landscape and create your legacy in the Rogue Valley.

$3,250,000 - Medford, OR

0 Terri Dr Medford, OR - Explore this vast 760-acre ranch in Southern Oregon, offering sweeping views of the Rogue Valley. Ideal for wildlife enthusiasts and hunters, it hosts a diverse array of animals including deer, elk, bear, cougar, and more, making it excellent for big game hunting. The property includes two large ponds that attract wildlife and provide water for the cattle grazing the land, suitable for both hunting and ranching. At the heart of the ranch is a grandfathered homesite known as ''Tombstone,'' noted for its unique rock sculptures. This spot provides an ideal location for building a dream home with stunning views. Accessible by multiple roads, the ranch ensures easy access for ranching, recreational activities, or construction. Perfect for those seeking both adventure and tranquility, this property offers a unique opportunity to own a significant piece of Oregon's majestic landscape and establish a legacy in the Rogue Valley.

$2,850,000 - Medford, OR

1164 Woodrow Lane Medford, OR - Incredibly rare investment opportunity! There is a total of 9 homes each on their own taxlot! This is a cottage cluster development- you buy them all & then have the choice to sell them off individually later if you choose or hold onto them & have massive income potential. Each home offers 3 bedrooms & 2 full bathrooms & located within walking distance to the hospital, restaurants and shopping. One home will be fully remodeled & the other 8 homes will be brand new w/ construction due to be completed in June! Perfect time to get them all rented out before school starts. Homes will have LVP flooring, quartz countertops, stainless steel appliances, & mini splits for heating/cooling. The potential ROI on this development is truly amazing. This location & quality of these homes would be the perfect find for traveling nurses, VRBOs or individual rentals close to everything including public transportation, medical & schools. Don't miss out!!

$2,395,000 - Medford, OR

650 Royal Avenue Medford, OR - 1.85 acres with buildings of approximately 17,500 SQ. FT. and parking for 80 plus vehicles. The building prior to being converted to a school by First Baptist Church and the 549c School District was a professional office building. The School District reconfigured the property into general office space, classrooms, large meeting room and private offices (see attached floor plan). CAT 5 is available. The current Zoning is C - S/P surrounded by MFR - 30. Given the Zoning continued use as a school or reconfiguring to professional office/medical office are both possibilities. Providence Hospital is located within 2 blocks. The Seller may consider owner carry with a substantial down and a balloon payment in 3 to 5 years. The Seller will also consider a lot line adjustment (see attached site map) to add .48 (95' x 221.35') of an acre, to the existing 1.85-acre parcel. Price to be determined.

Zip codes 97504 listings for sale

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