# 20192 Reed Lane, Bend, OR 97702

> **TL;DR:** land, $1,270,000. Est. $5,503/mo. Listed 65 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,270,000 |
| Lot Size | 41,382 sqft (0.95 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 65 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,503 |
| **Total** | **$5,503** |

## Nearby Schools

- **Elementary:** Pine Ridge Elem
- **Middle:** Cascade Middle
- **High:** Bend Sr High

## Property Highlights

- 0.95 acre lot

## Description

### Agent 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.

## Location

- **Address:** 20192 Reed Lane, Bend, OR 97702
- **County:** Deschutes
- **Neighborhood:** Blakley Heights
- **Coordinates:** 44.032808, -121.313926
- **Google Maps:** https://www.google.com/maps?q=44.032808,-121.313926

## Listing Agent

- **Name:** Tiffany Vasquez
- **Brokerage:** Stellar Realty Northwest
- **Phone:** 5417283668
- **Email:** Scott@stellarrealtynw.com

## Primary Photo

![20192 Reed Lane - Primary Photo](http://lh.rdcpix.com/78fc3bc87add146f5ed37f5e7ed5eb11l-f3395323308r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/20192-reed-lane-bend-or-97702-20214758)*

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**MLS#:** 220214758 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/20192-reed-lane-bend-or-97702-20214758)

---

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