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Residential Land for Sale in Bend, Oregon

20192 Reed Ln, Bend, OR 97702

$1,200,000
0.95 acres
Active
ago
Est $8,317/mo

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.

Location

Street address
20192 Reed Ln
Community
Blakley Heights
Elevation
3,755 feet
Coordinates
44.0328, -121.3139

Property details

Lot size
0.95 acres41,382 sq ft
Zoning
RM
MLS #
MLSC 220211833
Posted

Property taxes

2025
$1,523

Parcels

  • 120012

Nearby schools

NameLevelDistrictDescription
Pine Ridge ElemElementary
Cascade MiddleMiddle
Bend SR HighHigh

Listing history

DateEventPriceChangeSource
Nov 11, 2025New listing$1,200,000MLSC
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This 0.95-acre property is located at 20192 Reed Ln in Bend, OR 97702. The property is available for sale for $1,200,000.

Checked 39 mins ago — Updated

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