0 Kings Hwy, Medford, OR 97501, USA
Residential Development Land for Sale: Welcome to South Stage Park East – an opportunity for residential development with great scale. Located in the growing City of Medford, this recently annexed property is positioned to allow a developer to move quickly, with the PUD approval set to be completed within 3-4 months. This residential development land offering allows for 94 to 394 total units to be developed.
The vision for this neighborhood is rooted in the desire to create a community where neighbors know and interact with each other through an innovative higher density housing product (Single Family, Duplexes, Triplexes, Quadplexes, and Townhouses). The modern design and neighborhood layout allows for great efficiency while helping fulfill local housing needs with quality and affordable options.
Per Medford Municipal code 10.709, the SFR-10 zoning allows for a wide array of residential construction, including detached single family, duplexes, triplexes, quadplexes, and cottage clusters.
With approximately 15.79 acres, this residential land for sale requires a minimum density of 6.6 units per acre for any allowable residential unit, which results in a minimum total of 104 units. The maximum density varies by the residential unit type, and is as follows: maximum density of 10 units per acre for detached SFR, duplexes, triplexes, and quadplexes (a total of 157 single family residential units) or a maximum density of 25 units per acre for townhouses (a total of 394 townhouse units).
With zoning in place for residential development, this parcel of residential land for sale is an ideal opportunity for developers and investors looking to capitalize on the high demand for housing in Southern Oregon.
South Stage Park East is located in a convenient path for growth and ideally positioned for easy access to downtown Medford, while also being a short commute to both the charming towns of Ashland and Jacksonville. Another benefit is that there are no known significant off-site development requirements, as the infrastructure to serve this project is presently available with adequate capacity (buyer to complete due diligence).
Southern Oregon has become a highly desirable place to live and work in. The region has a diverse landscape, including mountains, forests, and rivers, which makes it an attractive place for outdoor enthusiasts.
In recent years, Southern Oregon has experienced significant population growth, with more and more individuals and families choosing to move to the area. This influx of new residents has been driven by the region’s strong economy, which has seen consistent growth in employment and wages since 2012. As a result, the demand for housing in Southern Oregon has skyrocketed, with the real estate market experiencing a surge in activity. This new residential development land for sale provides a rare opportunity for those looking to invest at scale in the region’s thriving real estate market.
Despite the high demand for housing, Southern Oregon remains an affordable place to live, especially when compared to other popular west coast destinations such as San Francisco or Seattle. Additionally, the region offers a high quality of life, with access to excellent healthcare, education, and cultural amenities.
Southern Oregon enjoys incredible natural beauty, abundant water and a distinct four seasons with a mild winter. Regional attractions include Crater Lake National Park, the world-renowned Rogue River, Oregon Shakespeare Festival and an emerging Wine Industry with many beautiful vineyards and incredible wineries. There are over 300,000 people that call this area home. Additionally, the Medford area is the retail and medical hub for Southern Douglas, Curry and Klamath counties as well as Siskiyou County (Northern California).
Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval; buyer to complete due diligence.
Brought to you by Martin Outdoor Property Group in partnership with Land Leader. Martin Outdoor Property Group is a leading Southern Oregon real estate team for residential and commercial land, ranches, vineyards, and rural properties.