New · 1d
$775,000
1/53 BD · 2.5 BA · 2,198 SF · 0.18 AC
4190 Falcon Ridge Terrace
Medford, OR 97504
#220229627 01 / 86
For sale Price cut $60K on Sep 28PoolWaterfront
$775,000
4935 Cherry Lane
Medford, OR 97504 · N/A
- Beds
- 4
- Baths
- 4.5
- Sq ft
- 4,226
- Acres
- 0.61
- Built
- 1980
- $/SF
- $183
Est. $4,812/mo~216 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220225529 · Active
01
About this home
**Now priced at just $775,000!** Breath-taking panoramic valley views set the stage for this exceptional 4,226SF East Medford estate. Thoughtfully remodeled, the home offers 3 beds plus office/4th bed & 4.5 baths. The open kitchen is both elegant & functional, featuring large granite island w/seating, breakfast bar & HUGE walk-in pantry. Vaulted ceilings elevate the dining area overlooking sweeping valley views. The living room invites warmth w/bay windows & window seats, plus wood-burning fireplace. 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/access to sparkling in-ground pool. Lush landscaped grounds include waterfall feature, pond, greenhouse, raised garden beds, RV parking & detached 3-car garage w/workshop. BRAND NEW septic system installed in 2026. Seller is offering adjoining 6.87AC lot at 0 Cherry Lane TL#2200, SFR-00, as a package deal for $1,145,00
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03
Price history
Cut $60K| Date | Event | Price |
|---|---|---|
| Sep 28, 2026 | Price cut−$60,000 (7.2%) | $775,000 |
| Jul 16, 2026 | Listed for sale | $835,000 |
From the MLS: original list price and latest price change. 82 days on market.
04
Drive times
~216 min to downtown Bend- Mt. Bachelor~196 min · 165.2 mi
- Sunriver Village~196 min · 165.3 mi
- Old Mill District~215 min · 182.3 mi
- Downtown Bend~216 min · 183.2 mi
- St. Charles Bend~219 min · 185.9 mi
- Sisters~229 min · 194.4 mi
- Redmond Airport (RDM)~240 min · 203.8 mi
- Smith Rock State Park~250 min · 212.8 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1980- Type
- Single Family Residence
- Year built
- 1980
- Stories
- 2
- Garage
- 3 spaces
- Lot
- 0.61 AC · 26,572 SF
- Price / SF
- $183
- HOA
- None reported
- Taxes
- $7,229/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 82
- MLS #
- 220225529
- Interior
- Breakfast Bar · Built-in Features · Ceiling Fan(s) · Granite Counters · Kitchen Island · Open Floorplan · Pantry · Soaking Tub · Vaulted Ceiling(s) · Walk-In Closet(s) · Solid Surface Counters · Linen Closet · Shower/Tub Combo
- Appliances
- Cooktop · Dishwasher · Disposal · Microwave · Oven · Refrigerator · Water Heater
- Flooring
- Carpet · Tile
- Heating
- Electric · Heat Pump · Wood
- Cooling
- Central Air
- Fireplace
- Insert · Living Room · Wood Burning
- Exterior
- Courtyard
- Parking
- Asphalt · Detached · Driveway · Garage Door Opener · RV Access/Parking · Storage · Workshop in Garage
- Pool
- Outdoor Pool · In Ground · Solar Heat
- View
- City · Mountain(s) · Panoramic · Territorial · Valley · Cascade Mountains
- Lot
- Garden · Landscaped · Drip System · Water Feature
- Construction
- Frame
- Roof
- Composition
06
Location & schools
N/A42.3239° N · 122.7885° W
Directions- Elementary
- Hoover Elem
- Middle
- Check with District
- High
- South Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$4,812/mo$4,812/mo
$620,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,919
- Property tax (listing)
- $602
- Home insurance (est.)
- $291
20% · $155,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220228558Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 3:00 PM.
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