Caldera Springs · Sunriver
0 homes for sale in Caldera Springs, Sunriver, with the live market behind every one. Median list $1,400,000.
Market data updated July 2026
Questions about Caldera Springs? 541.703.3095
Central Oregon · MLS DeskLive · MLS--:-- Pacific
Caldera Springs · The marketThe market,
The market,
on record
$1,400,000
0Active homes
37Sold · 12 mo
93.6%Sale to list
86 daysMedian on market · 12 mo
▸ Median sale · single-family · Sunriver (city) · 5 years shown ↓ 7.1% vs. 1 year ago$975,000
Too few recent sales here for a standalone trend. This line tracks Sunriver (city).
| Month | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Jan | $892K | $930K | $939K | $928K | $1.2M |
| Feb | $879K | $850K | $923K | $841K | $860K |
| Mar | $950K | $933K | $705K | $880K | $740K |
| Apr | $1.1M | $839K | $1.0M | $810K | $865K |
| May | $863K | $888K | $892K | $899K | $745K |
| Jun | $1.1M | $957K | $1.1M | $830K | $1.0M |
| Jul | $975K | $980K | $813K | $1.1M | $975K |
| Aug | $920K | $967K | $1.0M | $799K | — |
| Sep | $950K | $925K | $774K | $946K | — |
| Oct | $828K | $1.0M | $785K | $830K | — |
| Nov | $819K | $875K | $1.6M | $723K | — |
| Dec | $870K | $1.3M | $1.2M | $1.4M | — |
Live single-family figures from the regional MLS. Months of supply is active inventory divided by the homes closed in the last 6 months, then divided by 6. Four months or less is a seller’s market, four to six is balanced, six or more is a buyer’s market. Sale to list compares the final sale price to the asking price. Median to pending is days from listing to an accepted offer.
Caldera Springs · Overview
Inside Caldera Springs
Caldera Springs is a residential resort community in Sunriver, Oregon, about 15 miles south of Bend. It sits adjacent to Sunriver Resort and the Crosswater community, within reach of the Deschutes National Forest and the Newberry National Volcanic Monument. The community started in 2006 and is set among ponderosa pine forest, lakes, and streams in Central Oregon.
The original master plan laid out a 400-acre community with 320 single-family homes and 45 cabins, along with a lake house, a pool and fitness facility, a nine-hole short course, and 12 miles of biking and walking trails. Caldera Springs also includes a 220-acre wildlife forest preserve that is permanently protected from development.
Since 2021, Caldera Springs has been the subject of a 600-acre expansion tied to a master plan reimagination of Sunriver Resort and Caldera Springs valued at more than $100 million. The expansion has added new homesites, vacation homes, parks, trails, lakes, and amenities to the east of the original community.
The centerpiece of the expansion is Forest House, a family recreation center with multiple outdoor pools, a lazy river, a dual-racer waterslide described as one of Oregon's longest, and a fitness center, plus Piney's, an indoor and outdoor cafe and bar. Next to it, Forest Park adds six pickleball courts, a dog park, a play area, and a winter sledding hill. The reimagined Lake House serves waterfront dining with views of Obsidian Lake. Forest House offers access to Caldera Springs homeowners and to guests staying in a Sunriver Resort vacation home at Caldera Springs.
Homes here range from cabins to larger single-family residences, including Forestbrook, a newer collection of three- and four-bedroom homes. Many owners place their homes in a full-service vacation rental program run with Sunriver Resort Vacation Properties, which handles maintenance and guest care. Sunriver Resort and Caldera Springs are managed by CoralTree Hospitality.
If you are weighing a purchase at Caldera Springs, our team can walk you through what is currently for sale and how ownership and the rental program work. Reach out and we will share the homes and homesites available now.
Drive times
2minSunriver ResortDirectly adjacent
15minBend / Old Mill DistrictSunriver is 15 miles south of Bend via US-97
20minMt. BachelorVia Century Drive and Cascade Lakes Highway
42minRedmond Airport (RDM)34 miles via US-97 north through Bend
Caldera Springs · Lifestyle
Amenities
DiningLake House
Waterfront restaurant on Obsidian Lake with indoor-outdoor dining and Mt. Bachelor views, plus the adjacent Shore Shack walkup bar with fire-pit seating.
PublicRecreationForest House
Recreation center with multiple heated outdoor pools, one of Oregon's longest dual-racer water slides, a lazy river, a kids' pool, a 1,748-square-foot fitness center, a game room, and poolside dining.
Owners and Sunriver Resort vacation-home guests onlyRecreationThe Quarry
Infinity-edge pool overlooking Obsidian Lake, outdoor year-round spas, and a fitness center with stocked locker rooms.
Owners and resort guestsRecreationForest Park
Four-season park with six pickleball courts, a dog park, a children's play area, and a winter sledding hill.
Owners and resort guestsRecreationCaldera Links Golf Course
A 9-hole, par-27 course designed by Bob Cupp, with holes from 60 to 185 yards plus putting and chipping greens.
Owners and Sunriver Resort guestsRecreationLakes and Trails
14.7 acres of lakes and streams with paddleboard, kayak, and canoe rentals through The Outpost, connected by 13 miles of paved and soft trails.
Owners and resort guestsWellnessSpa at Sunriver Resort
Full-service spa at the adjacent Sunriver Resort, with complimentary fitness-center access for Caldera Springs owners and guests.
Owners and resort guestsOtherWildlife Forest Preserve
A 220-acre permanently protected open space supporting habitat for river otters and bald eagles observed on the community's waterways.
Community open spaceSunriver · Communities
Communities
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▸ Area guide
Watch Caldera Springs
A short tour of Caldera Springs, Central Oregon.
Sunriver · This week
Open houses
Live · Caldera Springs
Latest market activity
Live · MLS8 updates
New18016 Camas LaneSunriver · Mtn Village East$700,000Apr 24New57488 Ranch Cabins RoadSunriver · Ranch Cabins$660,000May 29New57678 Yellow Pine LaneSunriver · Fairway Crest Village$949,000Apr 17New18025 Camas LaneSunriver · Mtn Village East$1,220,000Feb 14New57308 Approach LaneSunriver · Overlook Park$869,000Mar 31New18117 Belknap LaneSunriver · Deer Park$799,000Jul 4New57925 Silver Fir CircleSunriver · Eaglewood$899,000Jul 11New17396 Red Cedar LaneSunriver · Fairway Crest Village$865,000Jun 26
Caldera Springs · Schools
School district
Homes in Caldera Springs are served by Bend-La Pine Schools.
The specific school assigned to each home (elementary, middle, and high) depends on the address within the district. Confirm with the district before purchasing.
See schools in this districtGuides and insights
Caldera Springs real estate, explained
Local housing news, market data, and buyer and seller guides for Caldera Springs and Sunriver.
Jul 10, 2026Sunriver Oregon Market Report: July 2026
Sunriver’s June median hit $1,000,000 while price per square foot fell 6.6%. Both are true, and the difference matters. The July 2026 report.
Read the guide →
Dec 10, 2025Sunriver Year Round Living vs Vacation Home
Sunriver works as both a full-time home and a vacation property, but those two lifestyles look very different in practice. Here is an honest comparison of costs, trade-offs, and daily life.
Read the guide →Jul 10, 2026Bend Oregon Market Report: July 2026
Bend closed June at a $725,000 median, up 4.6% year over year, with 179 sales and homes going pending in 15 days. The full July 2026 market report.
Read the guide →Google reviews
Read all on Google →In their words
I'd highly recommend Matt Ryan as his attention to detail and art of the negotiations with data on both buyers/sellers is impressive. He seems to navigate the process between buyers / sellers to a "T" and he exemplifies the communication and clarity. You will not be disappointed ....
We had an excellent experience working with Matt! He was smart, understood our needs right away, and acted quickly while staying calm and patient throughout the process. Even in a tough market, he sold our home faster than we expected. Truly the best — highly recommend!
Matt is the most professional, communicative, and honest Real Estate Broker I have ever worked with. Matt kept me informed on a weekly basis as to the progress of selling my home in the Bend area. He had very constructive ideas to improve my property and always found a reasonable subcontractor to improve my chances of selling my home. If you are selling or buying a home I suggest you contact Matt Ryan immediately. Matt is the best!!
From the start of our journey to the end, Matt was right at every turn. Selling a house is an emotional roller coaster and Matt helped managed the downs while pridicting the ups. I highly recommend Ryan Realty for both buying and selling!
Matt did a great job helping us sell our home. His presentation and marketing were professional and thorough. He was patient, low pressure with us and provided expert guidance. We would not hesitate to recommend or use Matt's services again.
Matt was invaluable in guiding us through our purchase. He is responsive, professional, and above all, a trustworthy person. Matt was always willing to assist us no matter the numerous questions we asked, connecting us with local resources, arranging contractors, and generally helping us jump through the various hoops that it takes to buy a house from out-of-state. We highly recommend Matt!
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Second homes
Caldera Springs attracts both primary-residence and second-home buyers. Short-term rental potential in master-planned and resort communities like this one varies by HOA rules, community covenants, and Oregon regulations. Reach out for current rental guidelines before making any assumptions about permitted use or income potential.
Sell with usWhat’s your
What’s your
home worth?
A real number, not a guess. Built from what your street actually trades for, the days on market on your block, and the comps that closed this quarter.
$1,400,000
Regional median
Common questions
Caldera Springs real estate questions
What is the median home price in Caldera Springs?
The median list price for a single-family home in Caldera Springs is $1,400,000 as of July 2026, based on live MLS data.
How long do homes stay on the market in Caldera Springs?
Single-family homes in Caldera Springs had a median of 86 days on market over the past 12 months as of July 2026.
How many homes sold in Caldera Springs in the last year?
37 single-family homes sold in Caldera Springs over the past 12 months as of July 2026.
What school district serves Caldera Springs?
Homes in Caldera Springs are served by Bend-La Pine Schools. The specific elementary, middle, and high school assigned to a home depends on its address within the district. Visit our schools page for the full list of schools in the district.