Located in the sought-after Southwest Medford foothills, Carpenter Hill Ranch offers 114 acres of gently rolling ground with panoramic views across the Rogue Valley—an exceptional setting for a future estate home. With 87.5 acres of irrigation rights and a mix of open pasture and vineyard, the property blends natural beauty with agricultural utility. Several premier building sites overlook the valley and mountains beyond, creating a rare opportunity for a signature residence in a serene rural setting. The 12-acre vineyard features a mix of varietals and includes 7 acres prepped for expansion. A 12,000 SF steel-framed shop (built 2002) includes a half bath and 200-amp power. The gravity-pressurized irrigation system includes risers, center pivot, and three bulges for water storage. Versatile soils support grazing, hay, or expanded vineyard. A well-kept 3-bed, 2-bath manufactured home serves as a ranch manager's residence while your vision takes shape.
Active
$1,500,000
939 Carpenter Hill Rd, Medford, OR 97501
3beds
2baths
1,755sqft
Est.:
Manufactured On Land, Manufactured Home
Built in 2005
114.01 Acres Lot
$1,374,700 Zestimate®
$855/sqft
$-- HOA
What's special
Open pasturePanoramic viewsPremier building sites
- 229 days |
- 480 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 12:08pm
Listed by:
John L. Scott Medford Team@martinoutdoorproperties.com
Source: Oregon Datashare,MLS#: 220203837
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Features
- Flooring: Carpet, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,755
- Total interior livable area: 1,755 sqft
Property
Parking
- Parking features: Driveway, Gated, Gravel, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial, Valley, Vineyard
- Waterfront features: Pond
Lot
- Size: 114.01 Acres
Details
- Additional structures: Workshop
- Additional parcels included: 30986550 (for manufactured home)
- Parcel number: 10025402
- Zoning description: EFU
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Other
- Property subtype: Manufactured On Land, Manufactured Home
Materials
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $855/sqft
- Tax assessed value: $140,690
- Annual tax amount: $4,891
- Date on market: 6/12/2025
- Cumulative days on market: 229 days
- Listing terms: Cash,Conventional
- Has irrigation water rights: Yes
- Road surface type: Paved
- Body type: Double Wide
Estimated market value
$1,374,700
$1.31M - $1.44M
$1,709/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Price change | $1,500,000-16.4%$855/sqft |
Source:  Oregon Datashare #220203837 Report a problem | ||
| 6/12/2025 | Listed for sale | $1,795,000-28.2%$1,023/sqft |
Source: Oregon Datashare #220203837 Report a problem | ||
| 11/10/2024 | Listing removed | $2,500,000$1,425/sqft |
Source: Oregon Datashare #220181715 Report a problem | ||
| 6/19/2024 | Price change | $2,500,000-13.8%$1,425/sqft |
Source: Oregon Datashare #220181715 Report a problem | ||
| 5/2/2024 | Listed for sale | $2,899,000$1,652/sqft |
Source: Oregon Datashare #220181715 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $504 +3.2% | $38,360 +3% |
| 2023 | $488 +2.6% | $37,250 |
| 2022 | $476 +2.2% | $37,250 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,279/mo
Principal & interest
$5816
Property taxes
$938
Home insurance
$525
Climate risks
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 5/10Phoenix Elementary SchoolGrades: K-5Distance: 2.3 mi
- 3/10Talent Middle SchoolGrades: 6-8Distance: 4.4 mi
- 6/10Phoenix High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Central Medford High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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