Listed by: Heidi Martins · Windermere Van Vleet Jacksonville

$729,500
  • 5.5 acres

PHASE 2 - 4195 Rachel Way Road, Medford, OR 97501

Est. $3,689/moPayment calculator
  • Residential LotsHome type
  • 5.5 acresLot
  • NoneHOA

About this home

  • Listed Feb 20, 2025
  • 590 days on market
  • 52 photos

Explore an exceptional investment opportunity in desirable East Medford. PHASE 2 at Red Tail Heights is an approximately 5.5 acre parcel of vacant land ready for development. Zoned SFR-4/SFR-2 for 15 +/- 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. 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. Breathtaking views. Convenient to amenities in Medford, Ashland, and Historic Jacksonville, this is a prime opportunity to cultivate a vibrant community in a picturesque locale!

Facts & features

Property

Lot size
5.5 acres
Subdivision
N/A

View

  • Cascade Mountains
  • City
  • Mountain(s)
  • Panoramic
  • Valley
  • Vineyard

Construction

Home type
Residential Lots
Property type
Land

Utilities

Sewer & water

  • None
  • None water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jackson

Financial & listing details

List price
$729,500
Date on market
Feb 20, 2025
Days on market
590
MLS#
220196067

Price & status history

DateEventPrice
Feb 20, 2025Listed for sale$729,500

Neighborhood

  • SubdivisionN/A
  • CityMedford, OR 97501
  • CountyJackson

Payment calculator

Estimated monthly payment

$3,689/mo

  • Principal & interest$3,689
  • Property taxes$0
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $583,600 · 30-year fixed at 6.5%

Down payment
Loan term

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.

Similar homes

MLSCO

Listing provided by Windermere Van Vleet Jacksonville · Listing agent: Heidi Martins

Source
MLS of Central Oregon
MLS#
220196067
Last updated
Feb 17, 2026 at 11:02 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.