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5500 Hillcrest Road

Medford, OR 97504
  • $7,000,000
  • STATUS: Active
  • ON SITE: 315 Days
  • MLS #: 220137792
$7,000,000
  • 4
    BEDS
  • 97.08
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 4,878
    SQFT
  • $1,435
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
2004
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Oregon Opportunities Real Estate :[IDXCONTACTINFORMATION].

Description

A rare investment property with a gorgeous home on 97.08 acres, 61.33 acres of which are included in the Medford UGB. Preliminary site planning has been explored by CSA land use planners, an extensive file with suggested site plan is already developed and indicate potential for SFR-2, 88 units SFR-4, 44 units SFR-10 and 128 MFR-30. Utilities are available for development across Hillcrest. Located across from Saddle Ridge in an area of luxury home development properties. The 2004 built home is a beautiful, custom-designed 4 bedroom with 4,884 sqft and features a 10 x12 complete climate control wine room, GE Monogram refrigerator and freezer, as well as pool and hot tub. Enjoy the spectacular, expansive views while waiting for the inevitable march of development to come to you.

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Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than FORD REAL ESTATE are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of FORD REAL ESTATE. Data last updated: .2022-11-30T00:25:55.747
www.propertyofsouthernoregon.com/homes/124850647
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5500 Hillcrest Road Medford, OR 97504

  • Price: $7,000,000
  • Status: Active
  • On Site: 315 Days
  • MLS #: 220137792
4
Beds
3
Baths
2
½ Baths
97.08
Acres
4,878
SQFT
$1,435
$/SQFT
2004
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Mae Richardson Elem
Middle School:
Hedrick Middle
High School:
North Medford High
Property Description
A rare investment property with a gorgeous home on 97.08 acres, 61.33 acres of which are included in the Medford UGB. Preliminary site planning has been explored by CSA land use planners, an extensive file with suggested site plan is already developed and indicate potential for SFR-2, 88 units SFR-4, 44 units SFR-10 and 128 MFR-30. Utilities are available for development across Hillcrest. Located across from Saddle Ridge in an area of luxury home development properties. The 2004 built home is a beautiful, custom-designed 4 bedroom with 4,884 sqft and features a 10 x12 complete climate control wine room, GE Monogram refrigerator and freezer, as well as pool and hot tub. Enjoy the spectacular, expansive views while waiting for the inevitable march of development to come to you.
Exterior Features

Architectural Style Traditional Construction Materials Frame Exterior Features PatioPoolSpa/Hot Tub Foundation Details Stemwall Garage Spaces 5.00 Garage YN Yes Irrigation Source None Levels Two Lot Features Adjoins Public LandsFencedSlopedSprinklers In FrontSprinklers In Rear Other Structures Barn(S)Corral(S)Existing HardshipKennel/Dog RunPoultry CoopShed(S)Stable(S)StorageWorkshop Parking Features AsphaltDrivewayGarage Door OpenerRv Access/ParkingRv Garage Road Surface Type Paved Roof Composition Waterfront Features Pond

Interior Features

Appliances CooktopDishwasherDisposalOvenRangeRange HoodRefrigeratorSolar Hot WaterTrash CompactorWasherWater HeaterWater PurifierWine Refrigerator Basement None Cooling Central AirHeat Pump Fireplace Features Primary Bedroom Flooring CarpetHardwoodTile Heating Forced AirHeat PumpPropane Interior Features BidetBreakfast BarBuilt-In FeaturesCeiling Fan(S)Central VacuumDouble VanityDry BarDual Flush Toilet(S)Enclosed Toilet(S)Granite CountersJetted TubKitchen IslandLinen ClosetOpen FloorplanPrimary DownstairsShower/Tub ComboSoaking TubSpa/Hot TubStone CountersTile CountersTile ShowerVaulted Ceiling(S)Walk-In Closet(S)Wired For DataWired For Sound Rooms Bonus RoomBreakfast NookDining RoomGreat RoomKitchenLaundryMedia RoomPrimary Bedroom Security Features Security System OwnedSmoke Detector(S) Window Features Double Pane WindowsVinyl Frames

Property Features

Accessibility Features Accessible DoorsAccessible EntranceAccessible Hallway(S)Accessible Kitchen Accessory Dwelling Unit YN Yes Additional Parcels YN No Assessment YN No Association YN No CCAnd Rs YN No Community Features Access To Public Lands Cross Street Cherry Lane FIRPTAYN No Flood N/A Horse Property YN Yes Irrigation Water Rights YN No Listing Terms Cash New Construction YN No Potential Tax Liability YN Yes Power Production Public Utilities Rented YN No Senior Community YN No Sewer Sand FilterSeptic Tank Short Term Rental Permit YN Yes Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 11500.67 Tax Year 2021 Total Area Sq Ft 7248.00 View Cascade MountainsMountain(S)PanoramicValley Water Source Backflow DomesticBackflow IrrigationWell Zoning Efu

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of Oregon Opportunities Real Estate :[IDXCONTACTINFORMATION].

Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than FORD REAL ESTATE are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of FORD REAL ESTATE. Data last updated: .2022-11-30T00:25:55.747
 
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FORD REAL ESTATE
624 S. Riverside Ave
Medford OR, 97501
Listing provided courtesy of Oregon Opportunities Real Estate :[IDXCONTACTINFORMATION].