$1,200,000

20192 Reed Lane, Bend, OR 97702

Land
Built in ——
0.95acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Located in SW Bend's Blakely Heights neighborhood, this 0.95-acre site (two RM-zoned lots sold together) presents a rare infill development opportunity just 2 miles from the Old Mill District. Previously approved by the City of Bend for a 20-unit apartment project, the property includes available architectural, civil, and landscape design work—a valuable foundation for re-entitlement, redesign, or new construction. All city utilities are nearby and up to 30 units under current RM zoning standards, offering flexibility for apartments, townhomes, or condominiums. Positioned in an established neighborhood with active new development, the property provides strong community integration and long-term investment potential. With easy access to schools, parks, shopping, and river trails, this ready-to-develop site offers an excellent opportunity for builders, developers, or investors seeking a multifamily project in high demand area of SW Bend. Buyer to perform own due diligence.

Listing Status:: Active
Date Added:: November 11, 2025 at 06:00AM
Listing Office:: Stellar Realty Northwest : 541-508-3148
MLS ID:: 220211833

County: Deschutes

Zoning: 120012
Current Use: Vacant

Utilities: Electricity ConnectedCable Available
Water: Public
Sewer: Public Sewer

This listing courtesy of Stellar Realty Northwest

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pine Ridge Elementary School

19840 Hollygrape St, Bend, OR, 97702

Grades KG-5

1.08 miles away

Cascade Middle School

19619 Mountaineer Way, Bend, OR, 97702

Grades 6-8

1.34 miles away

Bend Senior High School

230 NE 6th St, Bend, OR, 97701

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.