5500 Hillcrest Road, Medford, OR 97504

$7,000,000
4
BD
5
BA
7,248
SqFt

Listing courtesy of Oregon Opportunities Real Estate.

List Price
$7,000,000
MLS#
220137792
Status
ACTIVE
City
Medford
County
Jackson
Bedrooms
4
Bathrooms
5
Living Area
7,248
Year Built
2004

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.

Additional Information

Acres
97.08
View
Cascade Mountains, Mountain(s), Panoramic, Valley
Water
Backflow Domestic, Backflow Irrigation, Well
Heating
Forced Air, Heat Pump, Propane
Flooring
Carpet, Hardwood, Tile
Elementary School
Mae Richardson Elem
Middle School
Hedrick Middle
High School
North Medford High
Garage Spaces
5

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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