5500 Hillcrest Rd, Medford OR 97504 #220137792 $7,000,000

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.

General Amenities
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Beds : 4
Baths : 5.00
Ft2 : 4,878
Lot Size : 4,228,805
Lot Acres : 97.08
Lot Type : Sloped, Usuable Acreage
Heat : Heat Pump, Fireplace
Cooling : Heat Pump, Forced Air
Fuel : Electric, Propane
Siding : Wood, Stucco, Brick
Roof : Composition
Year Built : 2004
Zoning : EFU
View : Mountains, Panoramic, Territorial, Valley
School District : Medford 549c, North Medford High
Style : Traditional
Garage Type : Attached, Finished
Garage Size : 3
5500 Hillcrest Road
Medford, Oregon 97504
United States
County: Jackson
Sale Type: For Sale
MLS #: 220137792
1112 Hits
Tom Harrison
Oregon Opportunities Real Estate

P: 541-944-3131
M: 541-944-3131
L: 780501972
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