Price cut $395K
$1,900,000
1/54 BD · 2 BA · 2,390 SF · 19 AC
65225 Gerking Market Road
Bend, OR 97703
#220220004 01 / 11
For sale Price cut $600K on Sep 23
$1,900,000
20570 Fred Meyers Road
Bend, OR 97701 · N/A
- Baths
- 0
- Acres
- 5
Est. $11,026/mo~12 min to downtown Bend (approx.)
Listing by Coldwell Banker Bain · 541-382-4123
MLS# 220206541 · Active
01
About this home
5 acres inside the city zoned RS. Super convenient yet quiet, NE location. Only minutes to the parkway for easy travel in all directions. 25-30 lot SFR subdivision opportunity or 30+ lots with multi-housing. Power, water, and sewer are on Fred Meyers Rd. The majority of the property is level with a small pocket of mature ponderosas. Paved streets on all sides. Sewer study completed in spring of 2026. Seller is willing to carry a contract up to 3 years but will not look at offers subject to engineering approval or development terms.
02
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03
Price history
Cut $600K| Date | Event | Price |
|---|---|---|
| Sep 23, 2026 | Price cut−$600,000 (24.0%) | $1,900,000 |
| Jul 24, 2025 | Listed for sale | $2,500,000 |
From the MLS: original list price and latest price change. 439 days on market.
04
Drive times
~12 min to downtown Bend- St. Charles Bend~10 min · 2.8 mi
- Downtown Bend~12 min · 3.6 mi
- Old Mill District~13 min · 4.7 mi
- Redmond Airport (RDM)~27 min · 17 mi
- Sunriver Village~33 min · 21.7 mi
- Sisters~35 min · 24 mi
- Smith Rock State Park~38 min · 26.3 mi
- Mt. Bachelor~39 min · 27.5 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Residential Lots
- Garage
- 2 spaces
- Lot
- 5 AC · 217,800 SF
- HOA
- None reported
- Taxes
- $8,478/yr
- Subdivision
- N/A
- County
- Deschutes
- Days on market
- 439
- MLS #
- 220206541
- Lot
- Level
- Utilities
- Other
- Community
- Gas Available
06
Location & schools
N/A44.0959° N · 121.2943° W
Directions- Elementary
- Lava Ridge Elem
- Middle
- Sky View Middle
- High
- Mountain View Sr High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$11,026/mo$11,026/mo
$1,520,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $9,607
- Property tax (listing)
- $707
- Home insurance (est.)
- $713
20% · $380,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220228564Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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