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About this home
Make Caldera Springs your Central Oregon gathering place in this newly completed five-bedroom home near Sunriver and Bend, Oregon. Set on 0.40 acre overlooking Preservation Park and its water feature, the 3,824-square-foot home offers four main-level en-suite bedrooms, an additional bedroom or flex room, and a spacious upstairs bonus room with storage. The open great room connects to a kitchen appointed with Thermador appliances, quartz countertops, custom alder cabinetry, a walk-in pantry and a wine refrigerator. An east-facing patio provides a welcoming setting for morning coffee and park views. Pella windows, a three-car garage and a laundry room with a tile dog wash complete the home. Caldera Springs offers trails, golf, Forest House, pools, fitness, pickleball, tennis and Lake House dining. Builder incentives are available; ask for current terms.
Community amenities include a clubhouse, fitness center, golf course, park, playground, pool, restaurant, pickleball court, sport court, tennis courts, and trails
Gated resort community
Firewise-certified community
Community security and snow removal
Short-term rentals allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 17788 Preservation Loop #487
Sale History
Tax History
Date
Event
Price
MLSCO #220229926
Oct 22, 2026
Listed
$1,799,000
$470/sq ft
MLSCO #220218368
Oct 9, 2026
Listing Removed
—
Aug 11, 2026
Price Changed
$1,899,900
$497/sq ft
Jul 2, 2026
Price Changed
$1,989,000
$520/sq ft
Apr 30, 2026
Listed
$2,089,999
$547/sq ft
MLSCO #220193397
Apr 14, 2025
Sold
$426,000
$111/sq ft
Feb 14, 2025
Pending
—
Dec 6, 2024
Listed
$426,000
$111/sq ft
+25
Your opportunity awaits to experience the Caldera Springs lifestyle with Developer paid HOA dues until 2027! Homesite 487 offers an idyllic blend of natural beauty amidst pine-filled landscapes. This lovely, level, .40 acre lot, ideally located near the future Preservation Park, backs to common area and is bathed in morning eastern light providing a serene setting for your custom home. Owners enjoy special access to the Forest House Amenity & Aquatic Center along with golf, fitness, pickle ball, tennis, pools, kayaks & paddle boards. Caldera Springs is located near Sunriver, just 15 minutes to Bend and 30 minutes to world class skiing at Mt. Bachelor.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Deschutes County
APN
289398
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Last updated by owner on Feb 10, 2026.
Historical weather
Bend, OR • 97707
Average low and high temperatures (°F)
42
20
42
23
51
28
57
29
66
35
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40
82
47
80
46
75
40
58
31
46
28
43
26
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Sun exposure
32/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
5.2 hrs
0.8 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17788 Preservation Loop #487
$1,795,156
$3,844 under list price of $1.80M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $2.5M.