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For Sale

$2,749,000

3103 East Vilas Road
Medford, OR 97504

An irrigated land offering of this size and scale has rarely been available for purchase in Southern Oregon. The North Parcel of the Foothills Irrigated Farm boasts 302.22 acres, with a total of 287.00 acres of water rights from Medford Irrigation District and Rogue River Valley Irrigation District. The area is known as a developing wine and niche agricultural community with a charming small-town culture and a climate that includes a distinct four seasons, mild winter, and long growing season.With approximately 300 tillable/farmable acres, combined with water rights, the opportunities are great for your future or expanding agribusiness. The overall size and utilitarian shape lends well to efficient farming, which helps to maximize the production potential. The land is suitable for a variety of agricultural commodities with primarily Class III soils. Medford City water services the shop as well as multiple fill stations throughout the property. The property also benefits from three-phase power in multiple locations, four 30,000-gallon propane tanks (3-owned by seller, 1-leased), fertigation tanks, and irrigation filtration/control station. The farm headquarters building is situated overlooking the northwest section of the property. With a total of 4,880 square feet, the building features an office space, employee break room and dining hall, bathroom and shower, storage room, and 3,200 square feet of shop and equipment storage. There are also multiple other outbuildings including a barn and other general purpose buildings for your storage and farming needs.The property is comprised of two legal parcels zoned Exclusive Farm Use. Due to overall acreage of this property, the possibility exists for one and possibly two homesites (Buyer to complete due diligence). The current zoning also allows for the construction of agricultural support buildings for equipment, product storage, farm office, and more (Buyer to complete due diligence).Medford is centrally located on Inters Read More

Market Status
Available
Last Updated
August 9, 2022

Property Type
Land
Architecture
Lots/Acreage
Parking
1 space
Property Type
Lots And Land;

Local Market Conditions

There are currently 302 properties for sale in the Medford, OR area with the average listing price of $584,625. This represents an increase of +0.1% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +2.6% increase. To learn more about the Medford, OR area, contact a local expert!

Market Snapshot for Medford, OR

Avg. Listing Price

$584,625

Wk ending Aug 13

$+402

+0.1%

w-o-w

302

62

26

20

13

6

Average Listing Price for Medford, OR
No. BedroomsNo. Beds Week Ending
(Aug 13)
w-o-w Week Ending
(Aug 6)
Week Ending
(Jul 30)
Week Ending
(Jul 23)
All PropertiesAll $584,625 +0.1% $584,223 $579,524 $595,350
1 bedroom1 BR $850,000 +0.0% $850,000 $850,000 $567,450
2 bedrooms2 BR $354,271 +2.6% $345,404 $332,813 $340,887
3 bedrooms3 BR $528,198 +0.5% $525,597 $520,636 $539,696
4 bedrooms4 BR $662,961 -1.3% $671,717 $676,545 $710,862

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Listing Provided By:

Chris Martin

Land and Wildlife ~ AK, ID, OR, WA

Phone
This $2,749,000 Land at 3103 East Vilas Road in Medford, OR is presented by Chris Martin. This $2,749,000 Land, located in the 97504 zip code, has the following property features: Parking, Property Type. This 3103 East Vilas Road Land is listed under MLS listing number 13827 and has a listing price of $2,749,000. You can find more Medford homes for sale here.

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