PUBLISHED RESERVE: $499,500
LAST ASKING: $799,000 (The 2009 Deschutes County Real Market Value is $2,226,250 for the three tax lots.)
SIZE: 11.11± Acres
ZONING: RMC (Residential Medium Density) Murphy Crossing Refinement Plan Overlay District
PROPERTY INSPECTION: At Any Time
FINANCING: None - All Cash
DESCRIPTION: This 11.11± acre residential development site is located in the southwest section of the central Oregon resort community of Bend, along the Highway 97 corridor, near Wal-Mart and Bend Factory Stores, plus newer residential development by Bend Golf and Country Club. The irregular-shaped site has frontage along Highway 97 and Ponderosa Street. A vacant, older home on the site would be demolished as part of development of the property.
The RMC, or Medium Density zoning, could allow up to 21 units per acre. Both single family and multi-family housing is permitted, ...
The RMC, or Medium Density zoning, could allow up to 21 units per acre. Both single family and multi-family housing is permitted, along with churches, schools and hospitals with a Conditional Use Permit. Avion Water Company and city of Bend sewer is available but would need to be extended from the intersection of Business Highway 97 and Bend Parkway. The proposed sewer lines within the property's development are anticipated to be gravity flow.
The Murphy Crossing Refinement Plan encourages a mix of multi-family types: duplex/triplex and multi-units. (See Supplemental Information Package for details.)
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Research Parcel Information60885 S. Highway 97. Tax Lots 181217-2000, 2003 and 199.