Central Oregon Homes, Land & Acreage for Sale

56399 Elk Run Drive, 420, Bend, OR 97707

$3,350,000

Experience the ultimate in luxury and comfort with this stunning mountain-modern retreat in Caldera Springs—nearly 6,000 sq ft of thoughtfully designed living space, perfect for summer memories that last a lifetime. With four spacious suites on the main level and two additional suites upstairs—plus a dedicated bunk room and expansive bonus room—there’s room for everyone to relax, unwind, and make the most of Central Oregon living. Whether you're hosting family gatherings or seeking a serene getaway, this exceptional home is ready to become your year-round escape.

Virtual Tour

https://www.zillow.com/view-3d-home/46a8ec1e-59c3-4085-b636-82afd4280c49

Step into the heart of the home—a breathtaking great room where soaring vaulted ceilings with exposed wood beams, wide-plank hardwood floors, and a striking floor-to-ceiling fireplace create a warm, modern lodge ambiance. Walls of windows frame serene forest views and flood the space with natural light, while custom built-ins and designer lighting elevate both style and function. It’s the perfect gathering space for cozy evenings, entertaining guests, or simply soaking in the beauty of Caldera Springs.

A true culinary masterpiece, this show-stopping kitchen combines high design with high function—anchored by breathtaking views of Lava Springs Lake through a dramatic picture window. Crafted for both the gourmet chef and the gracious host, it features heated granite slab countertops, an oversized island with breakfast bar seating, a professional-grade 60" Wolf double oven and cooktop, dual dishwashers, dual deep sinks, and an impressive Sub-Zero side-by-side refrigerator and freezer. Sleek black fixtures, rich wood cabinetry, and designer finishes make this space as beautiful as it is functional.

Designed with entertainers in mind, this stylish catering counter is the ultimate hosting companion—featuring a built-in ice maker, prep sink, and beverage refrigerator. Whether you’re mixing cocktails, serving hors d’oeuvres, or prepping for a dinner party, this thoughtfully appointed space keeps everything within easy reach while elevating your entertaining experience.

Primary bathroom includes soaking tub, heated floors and large tile shower and access to hot tub.

This inviting upper-level bonus room offers a perfect blend of comfort and versatility with sweeping views of Lava Springs Lake framed by oversized windows. Thoughtfully designed with vaulted ceilings and rustic wood beam accents, the space is ideal for relaxing after a day of adventure or gathering with friends and family. Whether used as a media lounge, game room, or quiet retreat, the room’s tranquil setting near the Forest House ensures you're always just moments away from the heart of Caldera Springs.

Wet bar w/ wine and beverage refrigerators are great for entertaining.

Forest House – 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 more.

Explore this dynamic community centerpiece, where community thrives and fun unfolds.

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 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.

Seven acres of lakes and miles of streams sparkle throughout 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.

Countless adventures await at The Quarry. Dive into the stunning infinity pool with a water slide and an expansive sun deck that overlooks Obsidian Lake. Nearby, enjoy tennis, pickleball, sports courts and an interactive playground at Discovery Park.

Owners delight in a suite of exclusive community amenities, including the new Forest House with a pool, water slide, fitness center, dog park, game room, and pickleball courts. Short-term rentals are also permitted. Come walk the site and start planning your Sunriver basecamp today!

Sunriver - Basecamp for Fun - Caldera Springs is located adjacent to the famed Sunriver Resort beloved by generations for incredible activities and memories. Since 1968, Sunriver Resort has learned a few things about making families smile. That’s why generations return year after year. Hike and bike on miles of trails (https://www.sunriverstyle.com/pedalthepathways), paddle the scenic Deschutes River (https://www.suncountrytours.com/), play at the Meadows or Woodlands Golf Courses, take a plunge at SHARC (https://www.sunriversharc.com/), or grab dinner and shop at the outdoor Village at Sunriver (https://www.villageatsunriver.com/) shopping mall. For more information about the Sunriver area see - https://www.sunriverowners.org/

Caldera Springs owners have access to 2 fitness facilities - Quarry Pool and Forest House.

The outdoor picnic pavilion and its amenities are available for Caldera Springs owners to reserve.

Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 5,887 Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $3,350,000 List Date: 5/23/2025 Last Modified: 2/10/2026

Overview

Description

Experience lake views from this newly completed custom mountain-modern home in Caldera Springs! Designed for memorable gatherings, it features four ensuite bedrooms on the main level, a spacious great room, a gourmet kitchen with a butler's pantry, and a convenient laundry room. Upstairs, discover two additional ensuite bedrooms, bunk room and a versatile bonus room. Relax on the expansive covered patio, complete with a hot tub enclosure. Features include distress wood beams, custom cabinetry, rich woods, solid surfaces, high end appliances, and Central Vacuum with an in-wall hose, built in fridge and wi-fi enabled zoned Central A/C. Schedule a showing with your real estate professional to experience this home today!

Listing Details MLS# 220202504

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 8
Bathrooms Full: 7
Bathrooms Half: Yes
Garage YN: Yes
Garage Spaces: 3
Total Living Area SqFt: 5887
Main House SqFt: 5887
SqFt Source: Appraiser
Year Built: 2025
Accessory Dwelling Unit YN: No
Rented YN: No
Short Term Rental Permit YN: Yes
New Construction YN: No
Builder Name: Forest View Inc
Elementary School: Three Rivers Elem
Middle Or Junior School: Three Rivers
High School: Check with District
Zoning: DR, F2, WA
Tax Annual Amount: 6754.23
Tax Year: 2024
CC&R's YN: Yes
Association YN: Yes
Association Fee: 365
Association Fee Frequency: Monthly
Senior Community YN: No
Preferred Escrow Company & Officer: First American Title - 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; Tankless Water Heater; Washer; Water Heater; Wine Refrigerator; Other Architectural Style: Northwest Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; Zoned Fireplace Features: Gas; Great Room; Primary Bedroom 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; Open Floorplan; Pantry; Primary Downstairs; Smart Thermostat; Soaking Tub; Solid Surface Counters; Stone Counters; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Levels: Two Roof: Composition Rooms: Bonus Room; Eating Area; Great Room; Kitchen; Laundry; Primary Bedroom; Second Primary Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows Exterior Features: Fire Pit; Spa/Hot Tub Lot Features: Landscaped; Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Parking Features: Asphalt; Attached; Driveway; Electric Vehicle Charging Station(s); Garage Door Opener; Heated Garage Patio and Porch Features: Covered; Patio Road Frontage Type: Private Access Road Surface Type: Paved View: Forest; Lake; Neighborhood; Park/Greenbelt; Pond Waterfront Features: Lake Front; Stream Utilities: Electricity Connected; Fiber Optics Available; Natural Gas Connected; Phone Available Association Amenities: Clubhouse; Firewise Certification; Fitness Center; Gated; Golf Course; Landscaping; 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; 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: 56399
Street Name: Elk Run
Street Suffix: Drive
County: Deschutes
State: OR
Postal Code: 97707
Subdivision Name: Caldera Springs

Contract Information

Original List Price: 3750000
List Price per SqFt: 593.68
Listing Contract Date: 2025-05-23

Remarks and Miscellaneous

Public Remarks: Experience lake views from this newly completed custom mountain-modern home in Caldera Springs! Designed for memorable gatherings, it features four ensuite bedrooms on the main level, a spacious great room, a gourmet kitchen with a butler's pantry, and a convenient laundry room. Upstairs, discover two additional ensuite bedrooms, bunk room and a versatile bonus room. Relax on the expansive covered patio, complete with a hot tub enclosure. Features include distress wood beams, custom cabinetry, rich woods, solid surfaces, high end appliances, and Central Vacuum with an in-wall hose, built in fridge and wi-fi enabled zoned Central A/C. Schedule a showing with your real estate professional to experience this home today!
Directions: Recommend using owners gate off of Vandevert Road.

Status Change Information

Close Date: 2025-12-19
Under Contract Date: 2025-09-28
Status Change Timestamp: 2025-12-19
Close Price: 3350000
Sold Price per SqFt: 569.05

More Information

Listing Office: Cascade Hasson SIR

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.