A rare investment property with a gorgeous home on 97.08 acres, 61.33 acres of which are included in the Medford UGB. Preliminary site planning has been explored by CSA land use planners, an extensive file with suggested site plan is already developed and indicate potential for SFR-2, 88 units SFR-4, 44 units SFR-10 and 128 MFR-30. Utilities are available for development across Hillcrest. Located across from Saddle Ridge in an area of luxury home development properties. The 2004 built home is a beautiful, custom-designed 4 bedroom with 4,884 sqft and features a 10 x12 complete climate control wine room, GE Monogram refrigerator and freezer, as well as pool and hot tub. Enjoy the spectacular, expansive views while waiting for the inevitable march of development to come to you.