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    1816 E Vilas Road

    Medford, OR 97504
    • $13,900,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 220110563
    UPDATED: 44 min ago
    $13,900,000
    • 0
      BEDS
    • 207.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of Pulver And Leever Real Estate.

    Description

    Sizeable mixed-use development property in Southern Oregon, located in the Opportunity Zone! Known as Coker Butte Development located in East Medford. The project is the result of the recent culmination of years-long regional planning process. The property has now been included within the City of Medford's Urban Growth Boundary making it eligible for development. The Urbanization and Annexation process is currently underway. The overall Croker Butte Development Plan consists of approx. 207.5-AC. Of that, approx. 79.1-AC has been master planned to allow for residential development and 52.3 -AC of commercial/multi-family development land. The current owners have entered into a gift pledge agreement with the Medford School district to donate approx. 19.6-AC for future school site, and approx. 30.8-AC to be donated to Medford Parks & Recreation Foundation. An existing 2 bdrm, 2-bath home sits on the North end of the property, which is currently rented. Broker Owned.

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    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than The Payson Group | Cascade Sotheby's Intl Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of The Payson Group | Cascade Sotheby's Intl Realty. Data last updated: .2020-11-24T22:44:23.093
    www.thepaysongroup.com/homes/110930089
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    1816 E Vilas Road Medford, OR 97504

    • Price: $13,900,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 220110563
    0
    Beds
    0
    Baths
    0
    ½ Baths
    207.5
    Acres
    Neighborhood:
    N/A
    County:
    Jackson
    Area:
    Medford
    Elementary School:
    Check With District
    Middle School:
    Check With District
    High School:
    Check With District
    Property Description
    Sizeable mixed-use development property in Southern Oregon, located in the Opportunity Zone! Known as Coker Butte Development located in East Medford. The project is the result of the recent culmination of years-long regional planning process. The property has now been included within the City of Medford's Urban Growth Boundary making it eligible for development. The Urbanization and Annexation process is currently underway. The overall Croker Butte Development Plan consists of approx. 207.5-AC. Of that, approx. 79.1-AC has been master planned to allow for residential development and 52.3 -AC of commercial/multi-family development land. The current owners have entered into a gift pledge agreement with the Medford School district to donate approx. 19.6-AC for future school site, and approx. 30.8-AC to be donated to Medford Parks & Recreation Foundation. An existing 2 bdrm, 2-bath home sits on the North end of the property, which is currently rented. Broker Owned.
    Exterior Features

    Irrigation Water Rights YN Yes Lot Features PastureSloped Other Structures Barn(S) View Valley

    Property Features

    Additional Parcels YN Yes Assessment YN No Association YN No CCAnd Rs YN No Cross Street Crater Lake Hwy Current Use LeasedOtherPasture FIRPTAYN No Irrigation District Rogue River Valley Listing Terms CashConventional Potential Tax Liability YN No Property Sub Type Investment Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 17049.52 Tax Year 2020 Utilities Cable AvailableElectricity AvailableFiber Optics AvailableNatural Gas AvailablePhone Available Water Source Public Zoning Efu

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Pulver And Leever Real Estate.

    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than The Payson Group | Cascade Sotheby's Intl Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of The Payson Group | Cascade Sotheby's Intl Realty. Data last updated: .2020-11-24T22:44:23.093
     
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    The Payson Group | Cascade Sotheby's Intl Realty
    650 SW Bond St., Suite 100
    Bend OR, 97702

    Listing courtesy of Pulver And Leever Real Estate.