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
626sqft
Single Family Residence
Built in 2024
-- sqft lot
$195,600 Zestimate®
$312/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 05:43pm
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
- Full 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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $45 monthly
- Amenities included: Landscaping
- Second HOA fee: $50 monthly
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved, Other