62385 Hamby Road, Bend, OR 97701

$3,500,000
Property Type: Land Lot Size (sq. ft.): 4,502,797 Status: Closed
Current Price: $3,500,000 List Date: 7/15/2021 Last Modified: 2/10/2026

Overview

Description

Buy one of the most extensive tracks of land bordering Bend's UGB. Ten of the 103.37 acres is zoned Urban Area Reserve (UAR), and the remaining land is zoned for Exclusive Farm Use (EFU). The EFU land is not currently being used for any agricultural use and appears to have no farming value based on the soil composition (complete soils analysis would be required to confirm). The natural progression would be to rezone the EFU land to MUA-10, a preparatory zoning designation that is ideal for the property being positioned as a worthy candidate for UGB inclusion. The property also meets the minimum acres required for annexation without forming a consortium, based on its size. Bend is growing rapidly, and land supply is one of the biggest obstacles to accommodate growth. In the last thirty years, the city's boundaries have grown, and the forecast is for that trend to continue.

Listing Details MLS# 220127256

General Property Information

Property Sub Type
Residential Lots
Elementary School
Buckingham Elem
Middle Or Junior School
Pilot Butte Middle
High School
Mountain View Sr High
Zoning
EFU/UAR10
Tax Annual Amount
8521.29
Tax Year
2020
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Vacant Sewer: Public Sewer Utilities: Electricity Available; Electricity Connected; Natural Gas Available Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
62385
Street Name
Hamby
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
CLAB

Contract Information

Original List Price
3500000
List Price per Acre
33858.95
Listing Contract Date
2021-07-15

Remarks and Miscellaneous

Public Remarks
Buy one of the most extensive tracks of land bordering Bend's UGB. Ten of the 103.37 acres is zoned Urban Area Reserve (UAR), and the remaining land is zoned for Exclusive Farm Use (EFU). The EFU land is not currently being used for any agricultural use and appears to have no farming value based on the soil composition (complete soils analysis would be required to confirm). The natural progression would be to rezone the EFU land to MUA-10, a preparatory zoning designation that is ideal for the property being positioned as a worthy candidate for UGB inclusion. The property also meets the minimum acres required for annexation without forming a consortium, based on its size. Bend is growing rapidly, and land supply is one of the biggest obstacles to accommodate growth. In the last thirty years, the city's boundaries have grown, and the forecast is for that trend to continue.

Status Change Information

Close Date
2021-11-01
Under Contract Date
2021-08-02
Status Change Timestamp
2021-11-08
Close Price
3500000
Sold Price per Acre
33858.95

More Information

Documents

Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.
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