Unique investor opportunity for a pre-planning city approved 13 townhome or 8 single family home subdivision on over an acre of developable land. The property is down the street from the 4-acre Eagle Park and within walking distance of Pine Nursery Park. Additional walkable amenities are coming soon to this rapidly developing section of NE Bend. In addition, a spacious 4 Bed/3 Bath home is located on the property, previously rented for $3,250 per month. This can serve as a primary residence or rental while development planning is finalized. *Member of seller is a licensed realtor in the State of Oregon.*