20725 SE Reed Market Road, Bend, OR 97702

$2,600,000
Property Type: Land Lot Size (sq. ft.): 559,746 Status: Closed
Current Price: $2,600,000 List Date: 2/09/2018 Last Modified: 2/10/2026

Overview

Description

Historic Luderman ranch. One of the last large development w/Sewer Approv in Bend's city limits without delays of new UGB expansion. Cascade Mountain views. Sale includes two legal lots of record: 181209AA TL 00200 & 00600, a total of 12.85 acres, 8.5 irrigated on recently improved Reed Market Rd & SE 15th Street. Ideal for Cottage or Affordable Housing as RS Zone for density, height increases, SDC & financing incentives for senior or workforce without upzoning.

Listing Details MLS# 201608219

General Property Information

Property Sub Type
Investment
Elementary School
Bear Creek Elem
Middle Or Junior School
High Desert Middle
High School
Bend Sr High
Zoning
RS
Tax Annual Amount
4717.83
Tax Year
2016
Potential Tax Liability YN
No
Irrigation Water Rights YN
Yes
Irrigation Water Rights Acres
7.5
Irrigation District
Arnold
CC&R's YN
No
Association YN
No
Manufactured Structure Allowed YN
Yes
Preferred Escrow Company & Officer
First American Title
Sign On Property YN
Yes

Property Features

Other Structures: Storage Road Surface Type: Paved View: Cascade Mountains Sewer: Public Sewer Water Source: Private Listing Terms: Cash

Location Tax and Legal

Street Number
20725
Street Dir Prefix
SE
Street Name
Reed Market
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97702
Subdivision Name
N/A

Contract Information

Original List Price
4500000
List Price per Acre
272373.5312
Listing Contract Date
2016-08-09

Remarks and Miscellaneous

Public Remarks
Historic Luderman ranch. One of the last large development w/Sewer Approv in Bend's city limits without delays of new UGB expansion. Cascade Mountain views. Sale includes two legal lots of record: 181209AA TL 00200 & 00600, a total of 12.85 acres, 8.5 irrigated on recently improved Reed Market Rd & SE 15th Street. Ideal for Cottage or Affordable Housing as RS Zone for density, height increases, SDC & financing incentives for senior or workforce without upzoning.
Directions
To the south of Reed Mkt Rd between BNSF RR and SE 15th St roundabout and west of SE 15th between Reed Mkt roundabout and Lincoln St.

Status Change Information

Close Date
2019-04-29
Under Contract Date
2018-05-22
Status Change Timestamp
2019-11-21
Close Price
2600000
Sold Price per Acre
202334.625

More Information

Acreage Details

Irrigation Water Rights Acres
7.5

Comments

Sewer/Septic Comments
Sewer analysis completed.
Utilities Comments
Will serve letters on file.
Water Comments
Avion will serve property
Zoning Comments
Try upzoning to RM & RH.
Listing Office: Ginny Kansas Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.