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3 Beds
2 Baths
1,466 sqft

$439,000

978 Cherry Street, Medford OR, 97501

Price per sqft$299.45
Built in1920
Property size1,466 sqft
Property typeResidential
Courtesy of John L. Scott Medford, Adam McGrew

Overview

Active

Listed Aug 6, 2026

Updated 3 weeks ago

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.

$2,921/mo

Est. mortgage payment based on a $439,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220226600

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.54 Acres

Other Property Details

Taxes
$3,245
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of John L. Scott Medford, Adam McGrew

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Data last updated 3:15 AM UTC, 9/10/2026

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