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.
Active
$1,199,999
20190 Reed Ln, Bend, OR 97702
--beds
0baths
0.95Acres
Residential Lots, Land
Built in ----
0.95 Acres Lot
$1,150,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 26 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Stellar Realty Northwest 541-508-3148
Source: Oregon Datashare,MLS#: 220223418
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.95 Acres
Details
- Additional parcels included: 20190 Reed Lane will be sold with 20192 Reed Lane as a combined land sale and development opportunity. 20190 Reed Lane (tax lot #181208B001103) & 20192 Reed Lane (tax lot #181208B001101)
- Parcel number: 165813
- Zoning description: RM
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Blakley Heights
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Tax assessed value: $253,970
- Annual tax amount: $1,522
- Date on market: 6/15/2026
- Listing terms: Cash,Conventional
Foreclosure details
Estimated market value
$1,150,900
$1.09M - $1.21M
$2,977/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $1,199,999 |
Source:  Oregon Datashare #220223418 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,546 +3.9% | $91,480 +3% |
| 2024 | $1,487 -27.8% | $88,820 -29% |
| 2023 | $2,059 +4% | $125,050 |
| 2022 | $1,981 +2.9% | $125,050 +6.1% |
| 2021 | $1,924 | $117,880 |
| 2020 | -- | $117,880 +6.1% |
| 2019 | $1,775 | $111,120 |
| 2018 | $1,775 +2.9% | $111,120 +3% |
| 2017 | $1,725 +8% | $107,890 +3% |
| 2016 | $1,596 | $104,750 +3% |
| 2015 | $1,596 +6% | $101,700 +3% |
| 2014 | $1,507 | $98,740 +3% |
| 2010 | -- | $95,870 +3% |
| 2009 | -- | $93,080 +3% |
| 2008 | -- | $90,370 +3% |
| 2007 | -- | $87,740 +3% |
| 2006 | -- | $85,190 +3% |
| 2005 | -- | $82,715 +174.4% |
| 2003 | -- | $30,139 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Southern Crossing
Nearby schools
GreatSchools rating
- 7/10Pine Ridge Elementary SchoolGrades: K-5Distance: 1.1 mi
- 10/10Cascade Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Pine Ridge Elem
- Middle: Cascade Middle
- High: Bend Sr High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Deschutes County
- Bend
- 97702
- Southern Crossing
- 20190 Reed Ln
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