61141 Cabin LaneBend, OR97702

$1,852,500
3 bedrooms
1960 sq. ft
4.77 acres
Elementary School: Silver Rail Elem
Middle School: High Desert Middle
High School: Bend Sr High
Zoning: UA
1116 days on market

VestorFilter™

Price per ft²$945.15/ft²
Recent price drop$132,500
Price per acre$388.4K/ac
Price per bedroom$617.5K/bed
Time on market1116 days

Property Description

Amazing development opportunity in the heart of the SE Bend Area Plan. This 4.77-acre parcel is zoned for residential development and can be annexed into the city limits. The existing lot is relatively flat and preliminary plat designs show the potential for up to 32 single-family lots. A standing residence on the property could allow for rental income during the permitting process. Don't miss this opportunity to own a piece of the SE expansion as the vision for a live, work, shop and play community takes shape in this area of Bend, Oregon. Seller will provide prior sewer study, plat design and any other items the seller has upon request. Buyer to do own due diligence on all items pertaining to the property.

Financial Data

Date Sold2022-03-18
Sold Price$1,750,000
Price ChangeDropped $132,500 on 03/18/2022
Total $247,500 drop
Original Price$2,100,000
Current Price$1,852,500
Property Taxes$4,953

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Home Facts

StatusClosed
Year Built1985
StoriesMulti/Split
Interior Features
Garage
MLS ID220119256