New Spirit Village is a visionary community offering affordable homeownership through thoughtfully designed new construction homes. These charming 1-, 2-, and 3-bedroom frame-built residences feature cottage-style exteriors, inviting covered front porches, modern open layouts, private fenced yards, and scenic cobblestone streets. Adjacent to the 8-acre Lewis Park, residents enjoy outdoor amenities such as a running path, playground, ball court, natural creek area, and expansive open lawns for recreation and relaxation. Everyday conveniences, including grocery stores, restaurants, and bus stops, are less than 1/4 mile away. New Spirit Village operates on a pay-it-forward model, offering homes at below-market prices. To ensure affordability for future generations, homes are resold below market value. Long-term affordability is maintained by holding the land in a not-for-profit Community Land Trust, with resale, owner-occupancy, income, and other restrictions in place.
Closed
$195,000
140 Esperanza Ct Lot 8, Medford, OR 97501
1beds
1baths
626sqft
Single Family Residence
Built in 2024
-- sqft lot
$194,600 Zestimate®
$312/sqft
$1,451 Estimated rent
Home value
$194,600
$175,000 - $216,000
$1,451/mo
Zestimate® history
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Modern open layoutsPrivate fenced yardsExpansive open lawnsScenic cobblestone streetsInviting covered front porchesCottage-style exteriors
Zillow last checked:
Listing updated:
Listed by:
More Realty 503-353-6673
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220193752
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Ductless, Heat Pump
Cooling
- Ductless, ENERGY STAR Qualified Equipment
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
Features
- Open Floorplan, Shower/Tub Combo
- Flooring: Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 626
- Total interior livable area: 626 sqft
Property
Parking
- Parking features: Driveway, No Garage
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Details
- Additional structures: Shed(s)
- Parcel number: 372W26DA2200
- Zoning description: SR-2.5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2024
Details
- Builder name: Outlier Construction
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Landscaping
- HOA fee: $45 monthly
- Second HOA fee: $50 monthly
Location
- Region: Medford
Financial & listing details
- Price per square foot: $312/sqft
- Annual tax amount: $1,350
- Date on market: 12/19/2024
- Cumulative days on market: 151 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved, Other
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $195,000+5.4%$312/sqft |
Source:  Oregon Datashare #220193752 Report a problem | ||
| 4/5/2025 | Pending sale | $185,000$296/sqft |
Source: Oregon Datashare #220193752 Report a problem | ||
| 12/19/2024 | Listed for sale | $185,000$296/sqft |
Source: Oregon Datashare #220193752 Report a problem | ||
| 12/7/2024 | Listing removed | $185,000$296/sqft |
Source: Oregon Datashare #220192289 Report a problem | ||
| 11/4/2024 | Listed for sale | $185,000$296/sqft |
Source: Oregon Datashare #220192289 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97501
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- $260,0003 bd2 ba1k sqft193 New Spirit Way LOT 24, Medford, OR 97501Pending
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Nearby schools
GreatSchools rating
- 3/10Oak Grove Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Oakdale Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Oak Grove Elem
- Middle: Oakdale Middle
- High: South 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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- Oregon
- Jackson County
- Medford
- 97501
- 140 Esperanza Ct Lot 8
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