20192 Reed Lane, Bend, OR 97702

$1,270,000
Property Type: Land Lot Size (sq. ft.): 41,382 Status: Active
Current Price: $1,270,000 List Date: 2/04/2026 Last Modified: 2/19/2026

Overview

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 Details MLS# 220214758

General Property Information

Property Sub Type
Residential Lots
Elementary School
Pine Ridge Elem
Middle Or Junior School
Cascade Middle
High School
Bend Sr High
Zoning
RM
Tax Annual Amount
1522.87
Tax Year
2025
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
Preferred Escrow Company & Officer
First American Title Sabrina Norton
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Vacant; Other View: Neighborhood Power Production: None Sewer: Public Sewer Utilities: Cable Available; Electricity Connected Utilities Location: At Street Water Source: Public Documents on File: Aerial Photos; Call Listing Office; Plat Maps; Other Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
20192
Street Name
Reed
Street Suffix
Lane
County
Deschutes
State
OR
Postal Code
97702
Subdivision Name
Blakley Heights

Contract Information

Original List Price
1270000
List Price per Acre
1336842.11
Listing Contract Date
2026-02-04

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Status Change Timestamp
2026-02-04

More Information

Location, Tax, and Legal

Cross Street
SW Blakely Rd
Section
SW
Parcel Number
120012
Lot Size Acres
0.95
Lot Size Square Feet
41382
Additional Parcels YN
Yes
Additional Parcels Description
20192 Reed Lane will be sold with 20190 Reed Lane as a combined land sale and development opportunity. 20190 Reed Lane (tax lot #181208B001103) & 20192 Reed Lane (tax lot #181208B001101)

Current Use

Vacant
Yes
Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

View

Neighborhood
Yes

Power Production

None
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes

Utilities Location

At Street
Yes

Water Source

Public
Yes

Documents on File

Aerial Photos
Yes
Call Listing Office
Yes
Photos
Yes
Plat Maps
Yes
Other
Yes

Special Listing Conditions

Standard
Yes
Listing Office: Stellar Realty Northwest
Last Updated: February - 19 - 2026
Information deemed reliable but not guaranteed.