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11777 Highway 238, Jacksonville, OR 97530 — photograph 1

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11777 Highway 238, Jacksonville, OR 97530 — photograph 1
4 Beds3 Baths4,527 sqft

11777 Highway 238, Jacksonville

$8,500,000

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ActiveMLS®: 23696912Listing held by another brokerage, marked RMLS
Price per sqft
$1,877.62
Built in
1960
Property size
4,527 sqft
Lot size
255.9 acres
Property type
Residential
Days on market
1,128

Overview

Welcome to Red Lily Vineyards, one of the most acclaimed vineyards in the esteemed Applegate Valley of Southern Oregon. Renowned for its exceptional wines and captivating scenery, Red Lily Vineyards presents an alluring mix of established wine and agri-business with great opportunities for event and hospitality expansion. It's not just a business; it's a gateway to an extraordinary experience and a haven for those seeking a rare and sought-after investment and lifestyle opportunity. This 255-acre ranch and estate boasts strong water rights, breathtaking river frontage, a state-of-the-art winery, mature vineyards, and an expanses of quality irrigated land for vineyard and agricultural expansion plus perhaps the most iconic and well-trafficked wine tasting experience in Southern Oregon. Nestled atop a secluded knoll, commanding picturesque views of the Applegate Valley, is the main residence, a quintessential American cedar shingle-style home boasting over 4,000 square feet of living space. The second home, known as the winemaker's house, is a delightful farmhouse that has been thoughtfully updated. With its well-established reputation and a wealth of infrastructure, Red Lily provides an excellent platform for business expansion. This includes options for expanding vineyard and agri-business operations, developing a hospitality business with a focus on events such as destination weddings, as well as on-site accommodations like bed and breakfast and cabin rentals. An additional estate dwelling and farm-to-consumer sales are also relevant opportunities. This rare gem offers an unparalleled setting with 3,300 feet of Applegate River frontage and convenient access to incredible outdoor activities. The phenomenal location is a short commute from all the conveniences of Jacksonville and Medford and is centrally located within Southern Oregon. The offering is a hybrid sale that includes the business, brand, and real estate. Owner terms may be available. Thank you!

Details

Interior

Interior features
Ceiling Fan, Home Theater, Jetted Tub, Laundry, Marble
Appliances
Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Island, Microwave, Pantry, Tile, Trash Compactor
Fireplace
Yes
Fireplaces
2
Fireplace description
Wood Burning
Cooling
Yes
Cooling description
Heat Pump
Heating
Yes
Heating description
Forced Air, Heat Pump
Windows
Double Pane Windows

Exterior and lot

Lot size
255.9 acres
Exterior features
Barn, Corral, Covered Patio, Garden, Outbuilding, Porch, RV Parking, Second Residence, Workshop
Lot features
Gated, Hilly, Level, Private
Architectural style
Custom Style
Roof
Composition
View
Yes
View description
River, Valley, Vineyard

Utilities

Sewer
Septic Tank
Water source
Well

Parking

Garage spaces
0
Parking
RV Access Parking, Secured
Total parking
0

Schools

High school
South Medford
Middle school
Other
Elementary school
Ruch

Location

City
Jacksonville
County
Jackson
Zoning
EFU
Subdivision
Applegate Valley

Taxes and dues

Annual taxes
$14,683 (2022)

Location

11777 Highway 238, Jacksonville, OR 97530

Map showing the location of 11777 Highway 238, Jacksonville, OR 97530
© Mapbox © OpenStreetMap

Monthly payment estimate

$46,464 /mo

20% · $1,700,000
7.00%
Principal and interest
$45,241
Property tax (2022)
$1,224
Total
$46,464

Estimate only, and not an offer of credit. Assumes 20% down ($1,700,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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