$575,000
1/53 BD · 2 BA · 2,232 SF · 0.29 AC
171 Shaniko Court
Medford, OR 97504
#220227857 01 / 28
For sale
$575,000
Cherry Lane #TL2200
Medford, OR 97504 · N/A
- Baths
- 0
- Acres
- 6.87
Est. $3,237/mo~216 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220225524 · Active
01
About this home
Incredible possibilities! Gorgeous, sweeping south valley views of the city lights, Siskiyou Mountains, and Manor Hill. Southeast Medford residential development opportunity. 6.87 acres zoned SFR-00, pending services to the property. Homesite approved. Build your dream view home! Potential development options also available. Parcel includes two designations by the city of Medford. The larger, northern portion is designated for Estate Lots - SFR-2. The southern portion includes designation for Rowhouses - MFR-15. Utilities available at street. The potential to build now and hold for future lot development makes this a truly special offering. The two properties are being offered as a package (home at 4935 Cherry Lane AND adjoining acreage at 0 Cherry Lane TL#2200) for a total of 7.48 acres for $1,145,000.
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03
Price history
82 days, no changes| Date | Event | Price |
|---|---|---|
| Jul 16, 2026 | Listed for sale | $575,000 |
From the MLS: original list price and latest price change. 82 days on market.
04
Drive times
~216 min to downtown Bend- Mt. Bachelor~196 min · 165 mi
- Sunriver Village~196 min · 165.2 mi
- Old Mill District~215 min · 182.2 mi
- Downtown Bend~216 min · 183.1 mi
- St. Charles Bend~219 min · 185.8 mi
- Sisters~229 min · 194.1 mi
- Redmond Airport (RDM)~239 min · 203.7 mi
- Smith Rock State Park~250 min · 212.6 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Residential Lots
- Lot
- 6.87 AC · 299,257 SF
- HOA
- None reported
- Taxes
- $1,362/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 82
- MLS #
- 220225524
- View
- Cascade Mountains · Mountain(s) · Territorial · Valley
- Lot
- Sloped
- Utilities
- Electricity Connected · Cable Available · Electricity Available
06
Location & schools
N/A42.3296° N · 122.7975° W
Directions- Elementary
- Hoover Elem
- Middle
- Check with District
- High
- South Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$3,237/mo$3,237/mo
$460,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,908
- Property tax (listing)
- $113
- Home insurance (est.)
- $216
20% · $115,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220215034Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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