Property details for 140 Esperanza Court, Lot 8, Medford, OR 97501

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.