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616 Cheryl LanePhoenix, OR 97535Sale Price: $385,000

  • Sale Price: $385,000
  • 258 Days Since Sale
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $385,000Sale Price
  • 3Bedrooms
  • 2Bathrooms
  • 1Acreage
  • 1,610Square Feet
Listed by Shaloe Brown of John L. Scott Medford (5413246742)

Listing Sold by Ashland Homes Real Estate Inc.
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Attention Developers & Investors! Rare opportunity to acquire highly desirable, buildable lots totaling 1 acre in a rapidly developing area of Phoenix. Zoned R-3 (High Density Residential), this property offers multiple development options-ideal for multi-family or townhome projects. Currently situated on the 0.59-acre portion is a 1,610 sq ft home featuring 3 bedrooms, 2 bathrooms, and a spacious living room with a fireplace-perfect as an income-producing rental while you finalize your building plans and permits. Don't miss this prime infill opportunity in a growing market!

Property Details of 616 Cheryl Lane

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 "Based on information submitted to Central OR as of June 10, 2026 11:08 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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