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.