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This is the final available NEW Forestbrook home, and we saved the best for last! Hurry to tour this stunning two-level Aspen plan with water views. Incentives valued over $142,000. Must be under contract by 8/31/26: special property management incentive & Seller paid HOA dues through 12/31/27. Furnished with designer selected furniture in great room, dining, two ensuites, and patio. Window coverings, appliances, gas fire pit hot tub, built-in bunks included. This fabulous vacation home offers a unique opportunity to own in Caldera Springs, just 20 minutes from Bend and 30 minutes to world-class skiing at Mt. Bachelor. Designed for those seeking the benefits of both a vacation getaway and rental income property. Featuring an attached studio residence that can be occupied with or separately from the main home. Indulge in the Caldera Springs lifestyle that includes pools, parks, Lake House dining, Forest House, lakes, golf. Taxes TBD.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,159,000 · $290,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $1,449,000 with 20% down, this property runs $5,953 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Sunriver Realty, agent Kristen Butz, 541-593-7000
Data last updated August 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.