Listed by: Adam McGrew · John L. Scott Medford
- 3 beds
- 2 baths
- 1,466 sqft
978 Cherry Street, Medford, OR 97501
- Single Family ResidenceHome type
- Built in 1920Year built
- 1.54 acresLot
- $299/sqftPrice per sqft
- NoneHOA
About this home
Rare in-town acreage with room to create your vision! Tucked away at the end of a private driveway easement, this unique property offers 1.54 level, usable acres, mature shade trees, open space, surrounding mountain views, and a large vintage barn with abundant room for storage, equipment, hobbies, or a workshop. The existing 3-bedroom, 2-bath home provides approximately 1,466 square feet and is ready for a buyer to bring fresh ideas and a little TLC. City water, city sewer, and high-speed internet availability add valuable convenience while preserving the spacious feel of a rural property. Currently zoned SFR-10, the property presents multiple possibilities. Keep it as one oversized in-town homesite, explore adding an ADU, investigate subdividing to build on or sell additional lot opportunities, or pursue rezoning for a possible tiny-home community or other residential development concept. The expansive rear portion of the property is largely open and provides a versatile canvas.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Full bathrooms
- 2
- Living area
- 1,466 sqft
- Levels
- One
Features
- Pantry
Appliances
- Dishwasher
- Oven
- Range
- Refrigerator
- Water Heater
Heating & cooling
- Heat Pump
- Heat Pump
Flooring
- Laminate
- Tile
- Vinyl
Property
- Lot size
- 1.54 acres
- Subdivision
- N/A
Parking
- Driveway
- No Garage
- RV Access/Parking
Construction
- Home type
- Single Family Residence
- Property type
- Residential
- Year built
- 1920
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Jackson
Financial & listing details
- List price
- $439,000
- Original list price
- $455,000
- Price per sqft
- $299
- Annual property tax
- $3,245
- Date on market
- Aug 6, 2026
- Days on market
- 58
- MLS#
- 220226600
Price & status history
| Date | Event | Price |
|---|---|---|
| Aug 6, 2026 | Listed for sale | $455,000 |
Neighborhood
- SubdivisionN/A
- CityMedford, OR 97501
- CountyJackson
Payment calculator
Estimated monthly payment
$2,581/mo
- Principal & interest$2,220
- Property taxes$270
- Homeowners insurance$91
- HOA dues$0
Loan amount $351,200 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by John L. Scott Medford · Listing agent: Adam McGrew
- Source
- MLS of Central Oregon
- MLS#
- 220226600
- Last updated
- Sep 9, 2026 at 11:52 AM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.