$1,643,000
$130K PRICE DROP

Estimated payment $9,345/month

Total Views 8,509
0.54 Acre
$3,042,593 Price per Acre
23,522 Sq Ft Lot

About This Lot

Exceptional mixed-use development opportunity in the heart of Bend's vibrant Old Mill District. This 0.54-acre parcel is zoned Mixed-Use Riverfront (MR), allowing for retail, restaurant, multifamily, hospitality, or office uses. Land use approvals are already in place for a nine-unit townhome project (conceptual renderings available), streamlining development timelines. The site is graded and retaining walls have been completed, with utilities ready for service, offering a true shovel-ready opportunity. The property's corner location provides mountain and river views, with high visibility and excellent access from SW Bond Street and SW Bluff Drive. Located in an Opportunity Zone, the property is suitable for outright sale or joint venture.

Listing Agent

Graham Dent

Compass Commercial Real Estate License #201207955 Listed on: 10/30/2025

Compass Commercial Real Estate

Co-Listing Agent

Jay Lyons

Compass Commercial Real Estate License #201101137

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,238

Lot Details

  • 0.54 Acre Lot
  • Property is zoned MR, MR

Schools

  • Pine Ridge Elementary School
  • Cascade Middle School
  • Summit High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Upper Terrace Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 197453

Property Details

Property Type

Land

Est. Annual Taxes

$8,238

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.54
  • Prop. Type: Land
  • Property Sub Type: Investment
  • Subdivision Name: Upper Terrace
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Active
  • General Property Information Elementary School: Pine Ridge Elem
  • General Property Information Middle Or Junior School: Cascade Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: MR
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 24
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • Special Features: None

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Pine Ridge Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 23522.4
  • Parcel #: 197453
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MR

Tax Info

  • Tax Annual Amount: 8237.78
  • Tax Lot: 24
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,238 $487,550 $487,550 --
2024 $7,926 $473,350 $473,350 --
2023 $7,347 $459,570 $459,570 $0
2022 $6,855 $433,200 $0 $0
2021 $6,865 $420,590 $0 $0
2020 $6,513 $420,590 $0 $0
2019 $6,332 $408,340 $0 $0
2018 $6,153 $396,450 $0 $0
2017 $5,973 $384,910 $0 $0
2016 $5,587 $373,700 $0 $0
2015 $5,226 $352,090 $0 $0
2014 $4,837 $326,010 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Price Changed $1,643,000 -7.3% --
10/30/2025 10/30/25 For Sale $1,773,000 +196.0% --
11/07/2014 11/07/14 Sold $599,000 +8.9% -- View Prior Sale
10/17/2014 10/17/14 Pending -- -- --
01/05/2012 01/05/12 For Sale $550,000 -- --
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $875,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $599,000 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Oregon Datashare

MLS Number: 220211400

Oregon Datashare

APN: 197453