20192 Reed, Bend, OR 97702

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
20192 Reed,Bend, OR 97702
$1,200,000
  • 0.95 Acres
  • Lots / Land
  • Active
Listed by: tiffany vasquez
Office: stellar realty northwest
MLS#:220211833
Source:OR_SOMLS

Price summary

  • Price:$1,200,000

About this home

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.

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Home facts

  • Listing ID #:220211833
  • Added:37 day(s) ago
  • Updated:December 18, 2025 at 03:46 PM

Structure and exterior

  • Lot area:0.95 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Tax amount:$1,523 (2025)