Central Oregon Homes, Land & Acreage for Sale

56310 Elk Run Drive, 408, Bend, OR 97707

$2,950,000

Newly completed mountain-modern home in Caldera Springs includes a fantastic floorplan and high end finishes.

Caldera’s new aquatics & recreation facility! Swimming pools w/ water slide & lazy river, state-of-the-art fitness center, poolside cafe & bar, duckpin bowling and much more.

Overlooking snow-capped Mt. Bachelor, the Caldera Springs Lake House & Pool and Fitness Building are the heart of this resort community. The buildings are a wonderful example of rustic “Cascade Heritage” architecture featuring a restaurant, a full array of exercise, fitness, and aquatic facilities. Together these buildings provide the social focus and gathering place for families and friends during their stay at Caldera Springs. The architecture features timber structural elements, expansive ceilings with natural daylighting, copper roofs, and panoramic views to the surrounding landscape and lake. Covered terraces overlook man-made water features that start at the building and wind their way to the lake. Local natural boulders and stone veneer link the buildings to the site and the surrounding volcanic mountains.

Located at the edge of an expansive lake, the pool decks and swimming pool merge with the shoreline of the lake creating an “infinity” edge. Faux boulders reinforce the illusion that the pool and lake are a single body of water, and also form “grotto” areas for hot tubs. “Lava tube” tunnels and a slide with waterfall provide enjoyable areas for children to explore in a lively family atmosphere. Expansive glass opens the exercise rooms up to the views of the lake and surrounding mountains.

The Bob Cupp-designed golf facility has been created to make this great game approachable and enjoyable for families of all ages. Your family and friends can easily learn and play together on the nine-hole course that ranges from 70 to 150 yards in length. Golfers of all skill levels will find the three regulation-length holes perfect for practicing with every club. This 9-hole course is walking only, pull carts are available. Golf included in HOA fees.

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 4,819 Lot Size (sq. ft.): 17,424 Status: Closed

Current Price: $2,950,000 List Date: 12/01/2025 Last Modified: 2/10/2026

Overview

Description

Entered for comps - Built by Kalen Development—luxury custom builder serving Caldera Springs, Sunriver, Bend, and destinations across the Pacific Northwest—this home embodies their 'craftsmanship first, purposeful design' philosophy: no wasted corners, functional layout, and finishes selected to stand the test of time. With a seamless build process and premium materials from foundation to final trim, it's a showcase of true custom quality in Caldera Springs.

Listing Details MLS# 220212507

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: Yes
Garage YN: Yes
Garage Spaces: 3
Total Living Area SqFt: 4819
Main House SqFt: 4819
SqFt Source: Builder
Year Built: 2025
Accessory Dwelling Unit YN: No
Rented YN: No
Short Term Rental Permit YN: Yes
New Construction YN: Yes
Building Permit Issued YN: Yes
Building Permit #: 247-23-006854-DWL
Estimated Completion Date: 2025-11-04
Builder Name: Kalen Development Group
Elementary School: Three Rivers Elem
Middle Or Junior School: Three Rivers
High School: Check with District
Zoning: DR, WA, F2
Tax Annual Amount: 1888.64
Tax Year: 2025
CC&R's YN: Yes
Association YN: Yes
Association Fee: 365
Association Fee Frequency: Monthly
Senior Community YN: No
Horse Property YN: No
Preferred Escrow Company & Officer: First American Title-Sunriver (Team Shara Bauman)
FIRPTA YN: No
Sign On Property YN: No

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Dryer; Instant Hot Water; Microwave; Range; Range Hood; Refrigerator; Washer; Water Heater; Wine Refrigerator Architectural Style: Northwest Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; Zoned Fireplace Features: Gas; Great Room Flooring: Carpet; Hardwood; Stone Foundation Details: Stemwall Heating: Forced Air; Natural Gas; Zoned Interior Features: Built-in Features; Central Vacuum; Double Vanity; Enclosed Toilet(s); Kitchen Island; Linen Closet; Primary Downstairs; Shower/Tub Combo; Smart Thermostat; Soaking Tub; Solid Surface Counters; Stone Counters; Vaulted Ceiling(s); Walk-In Closet(s) Levels: Two Roof: Composition Rooms: Eating Area; Family Room; Great Room; Kitchen; Laundry; Primary Bedroom; Second Primary Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows Exterior Features: Spa/Hot Tub Lot Features: Landscaped; Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Parking Features: Asphalt; Attached; Driveway; Garage Door Opener Patio and Porch Features: Patio Road Frontage Type: Private Access Road Surface Type: Paved Structure Type: House View: Neighborhood; Park/Greenbelt Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available Association Amenities: Clubhouse; Firewise Certification; Fitness Center; Gated; Golf Course; Landscaping; Marina; Park; Pickleball Court(s); Playground; Pool; Resort Community; Restaurant; Security; Snow Removal; Sport Court; Tennis Court(s); Trail(s) Community Features: Gas Available; Park; Pickleball; Playground; Pool; Short Term Rentals Allowed; Sport Court; Tennis Court(s); Trail(s) Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 56310
Street Name: Elk Run
Street Suffix: Drive
County: Deschutes
State: OR
Postal Code: 97707
Subdivision Name: Caldera Springs

Contract Information

Original List Price: 2999000
List Price per SqFt: 622.33
Listing Contract Date: 2025-08-25

Remarks and Miscellaneous

Public Remarks: Entered for comps - Built by Kalen Development—luxury custom builder serving Caldera Springs, Sunriver, Bend, and destinations across the Pacific Northwest—this home embodies their 'craftsmanship first, purposeful design' philosophy: no wasted corners, functional layout, and finishes selected to stand the test of time. With a seamless build process and premium materials from foundation to final trim, it's a showcase of true custom quality in Caldera Springs.
Directions: Recommend using the Vandevert Road entrance on to Elk Run Drive. Left on Preservation Loop then right on Cottontail Loop. No community gate code required at this entrance except for Sunday.

Status Change Information

Close Date: 2025-11-26
Under Contract Date: 2025-10-16
Status Change Timestamp: 2025-12-01
Close Price: 2950000
Sold Price per SqFt: 612.16

More Information

Listing Office: Cascade Hasson SIR

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.