Price cut $26K
$439,000
1/54 BD · 2 BA · 2,069 SF · 0.25 AC
1741 Serenity Drive
Medford, OR 97504
#220222722 01 / 35
For sale Price cut $16K on Sep 8
$439,000
978 Cherry Street
Medford, OR 97501 · N/A
- Beds
- 3
- Baths
- 2
- Sq ft
- 1,466
- Acres
- 1.54
- Built
- 1920
- $/SF
- $299
Est. $2,655/mo~221 min to downtown Bend (approx.)
Listing by John L. Scott Medford · 541-779-3611
MLS# 220226600 · Active
01
About this home
Rare in-town acreage with room to create your vision! Tucked away at the end of a private driveway easement, this unique property offers 1.54 level, usable acres, mature shade trees, open space, surrounding mountain views, and a large vintage barn with abundant room for storage, equipment, hobbies, or a workshop. The existing 3-bedroom, 2-bath home provides approximately 1,466 square feet and is ready for a buyer to bring fresh ideas and a little TLC. City water, city sewer, and high-speed internet availability add valuable convenience while preserving the spacious feel of a rural property. Currently zoned SFR-10, the property presents multiple possibilities. Keep it as one oversized in-town homesite, explore adding an ADU, investigate subdividing to build on or sell additional lot opportunities, or pursue rezoning for a possible tiny-home community or other residential development concept. The expansive rear portion of the property is largely open and provides a versatile canvas.
02
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03
Price history
Cut $16K| Date | Event | Price |
|---|---|---|
| Sep 8, 2026 | Price cut−$16,000 (3.5%) | $439,000 |
| Aug 5, 2026 | Listed for sale | $455,000 |
From the MLS: original list price and latest price change. 62 days on market.
04
Drive times
~221 min to downtown Bend- Mt. Bachelor~200 min · 169.2 mi
- Sunriver Village~201 min · 169.9 mi
- Old Mill District~220 min · 186.9 mi
- Downtown Bend~221 min · 187.8 mi
- St. Charles Bend~224 min · 190.5 mi
- Sisters~233 min · 198.2 mi
- Redmond Airport (RDM)~245 min · 208.3 mi
- Smith Rock State Park~255 min · 217.2 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 1920- Type
- Single Family Residence
- Year built
- 1920
- Stories
- 1
- Lot
- 1.54 AC · 67,082 SF
- Price / SF
- $299
- HOA
- None reported
- Taxes
- $3,245/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 62
- MLS #
- 220226600
- Interior
- Pantry
- Appliances
- Dishwasher · Oven · Range · Refrigerator · Water Heater
- Flooring
- Laminate · Tile · Vinyl
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Parking
- Driveway · No Garage · RV Access/Parking
- Lot
- Level · Fenced
- Construction
- Frame
- Roof
- Composition
06
Location & schools
N/A42.3145° N · 122.8972° W
Directions- Elementary
- Oak Grove Elem
- Middle
- Oakdale Middle
- 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
$2,655/mo$2,655/mo
$351,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,220
- Property tax (listing)
- $270
- Home insurance (est.)
- $165
20% · $87,800
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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#220226191Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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