20525 Reed Market RdBend, OR 97702

For Sale
$1,275,000
1-Acre Residential Subdivision Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
Prime 1-acre residential development opportunity in Bend, Oregon, awaits. Located at 20525 SE Reed Market Rd, 97702, this Deschutes County property boasts entitlements for a 12-lot subdivision, ready for immediate construction. The lot features utility stubs and a new access road conveniently situated at the property line. Six of the planned lots enjoy the scenic backdrop of the COID irrigation canal, enhanced by a pedestrian bridge providing direct access to the historic canal trail. Detailed cost estimates are available, and there's potential to increase the density of the development beyond the current 12 lots. This RM-zoned property presents a unique chance to capitalize on Bend's thriving real estate market. The canal-front location and proximity to the canal trail offer exceptional appeal to potential homebuyers. All necessary entitlements are in place, minimizing delays and streamlining the development process. This is an exceptional opportunity for developers seeking a turnkey project with significant upside potential. Begin construction this year and realize the full potential of this remarkable Bend, Oregon location.

Highlights

  • Fully entitled for development with 12 lots, 6 backing a COID irrigation canal.
  • Utilities and access road at the site boundary.
  • Detailed cost estimates available upon request.
  • Density bonus potential.

Property Details for 20525 Reed Market Rd

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.0385187
Longitude
-121.2981954
20525 Reed Market Rd, Bend, Oregon

FAQs

What type of property is this?
Land - 1-Acre Residential Subdivision Opportunity
Where is the land located?
The property is located at 20525 Reed Market Rd Bend, OR.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Fully entitled for development with 12 lots, 6 backing a COID irrigation canal.; Utilities and access road at the site boundary.; Detailed cost estimates available upon request.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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20525 Reed Market Rd
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