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20190 Reed Lane

Bend OR 97702

41382 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

41382 sq. ft. lot size
Land

Property history for 20190 Reed Lane

2021
Sold
$925,000
28 May 2021

Happy sellers in Bend

87%
87% of sellers in Bend reported that their sale price either exceeded or met their price expectations.

Bend stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Bend over the last 12 months.

Local market activity for land plots in Bend

In the last 12 months, 37 land plots similar to 20190 Reed Lane, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

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