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4935 Cherry Ln, Medford, OR, 97504

4beds
5baths
4,226sqft
$835,000
$198price/sqft
$5,889/moest. monthly cost
$235,560/yrincome needed

About This Home

OPEN HOUSE 5/16 12-2PM. Breath-taking panoramic valley views set the stage for this exceptional 4,226SF East Medford estate. Thoughtfully designed, the home offers 3 bedrooms plus office/4th bedroom w/built-ins & 4.5 bathrooms. The open kitchen is both elegant & functional, featuring a large island with seating, breakfast bar & expansive walk-in pantry. Vaulted ceilings elevate the dining area as it overlooks sweeping valley views. The living room invites warmth w/bay windows & wood-burning fireplace. A versatile bonus room w/full bath & private entrance offers an opportunity for multigenerational living. The split-level design leads to a grand upper-level primary retreat w/direct access to the sparkling in-ground pool. Outdoors, lush landscaped grounds include waterfall feature, pond, greenhouse, raised garden beds, RV parking & detached 3-car garage with workshop. Seller offering first right of refusal to potential buyer for adjoining 6.87AC lot at 0 Cherry Ln TL#2200, zoned SFR-00.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
6
BikeSomewhat Bikeable

Schools

9/10
Hoover Elementary SchoolGrades K-62.6 mi
6/10
South Medford High SchoolGrades 9-125.5 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Granite Counters,Kitchen Island,Linen Closet,Open Floorplan,Pantry,Shower/Tub Combo,Soaking Tub,Solid Surface Counters,Vaulted Ceiling(s),Walk-In Closet(s),Wired for Sound
  • Window features: Bay Window(s),Double Pane Windows,Skylight(s),Vinyl Frames
  • Flooring: Carpet,Tile
  • Fireplace features: Insert,Living Room,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Heat Pump,Wood
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 4,226
  • Total interior livable area: 4,226 sqft

Property

Details

  • Parcel number: 10425693
  • Zoning description: Sfr-00
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Private pool: Yes
  • Pool features: In Ground,Outdoor Pool
  • Patio & porch: Deck,Patio
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: Mountain(s),City,Panoramic,Territorial,Valley
  • Waterfront features: Pond

Lot

  • Lot size: 0.61 Acres
  • Features: Drip System,Garden,Landscaped,Water Feature

Parking

  • Total spaces: 3
  • Parking features: Asphalt,Detached,Driveway,Garage Door Opener,RV Access/Parking,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Jackson County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,222$50,664
Home Insurance *$203$2,436
Property Taxes $1,081$12,972
Electricity $383$4,602
Total$5,889$70,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$201,908/yr
40% on housing$176,670/yr
45% on housing$157,040/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 97504$257
Jackson County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 97504$270
Jackson County$265

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$899,900
2026-04-20Pending sale$899,900
2026-04-06Price change$899,900
2026-03-09Price change$929,000
2026-02-16Price change$1,450,000
2026-02-16Price change$939,000
2026-02-08Price change$1,500,000
2026-02-05Listed for sale$945,000
2025-11-16Listing removed$945,000
2025-07-02Price change$945,000
2025-04-29Price change$999,500
2025-04-14Price change$1,050,000
2025-03-15Listed for sale$1,175,000

For Sale by Agent

AgentMandy Martin
BrokerageTop Agents Real Estate Company

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