20192 Reed Lane, Bend, OR

$1,200,000

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0.95

Acres

About 20192 Reed Lane

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 of 20192 Reed Lane

MLS® # 220211833
Price $1,200,000
Acres 0.95
Type Land
Sub-Type Investment
Status Active

Community Information

Address 20192 Reed Lane
Subdivision Blakley Heights
City Bend
County Deschutes
State OR
Zip Code 97702

Amenities

Utilities Cable Available
Is Waterfront No

Interior

Fireplace No

School Information

Elementary Pine Ridge Elem
Middle Cascade Middle
High Bend Sr High

Additional Information

Date Listed October 25th, 2025
Zoning RM
Horse Property No

Listing Details

OfficeStellar Realty Northwest

Listing Map

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