(Photo courtesy of Caldera Springs)
As South Deschutes County continues to shine as one of Central Oregon’s most in-demand markets for primary and secondary homeowners, a new trend is unfolding at Caldera Springs: builders are emerging as some of the most active buyers.
Located just 20 minutes from Bend and directly adjacent to Sunriver, Caldera Springs is widely considered the Pacific Northwest’s premier residential resort community. Since the launch of its 600-acre expansion in 2022, 158 new homesites have been purchased — led by the Caldera Springs real estate team at Sunriver Realty. While many of these homesites are purchased by future homeowners, many are being acquired by Central Oregon’s leading builders.
These trusted firms — including Arrowood Development, Artisan Homes & Design, Black Label Design, CNC Homes, Curtis Homes, Envision Development, Forest View Inc, Olsen Brothers Construction, Pahlisch Select, R&H Construction, Rogue Brothers, Stone Bridge Homes NW, Timberline Incorporated, Triangulum, Waterworks Properties, Woodhill Homes, and Zachary Construction — not only construct homes when hired by homebuyers but are now among the top purchasers of homesites themselves. Many are building beautiful spec homes that are being sold as new homes and quickly snapped up by eager buyers. Some builders have even partnered on acquisitions, enabling them to diversify offerings and expand their presence within the community.
“We greatly value our relationships with the builders choosing to invest in Caldera Springs,” said Krista Miller, vice president of Real Estate and Development at Sunriver Resort. “Their commitment to delivering thoughtfully designed, move-in-ready homes has helped meet the needs of today’s homebuyers seeking new construction without the complexity of managing the process themselves. It’s a win for our builder community, homeowners, and the continued success of Caldera Springs.”
Of the 158 homesites purchased since the expansion began, more than 58% have already welcomed new owners or are in active construction or design — a testament to the pace of development and the strong appeal of Caldera Springs and its growing builder network.
“We’re honored that these leading builders have chosen Caldera Springs and are crafting exceptional mountain homes in harmony with nature,” added Miller. “Their thoughtfully designed homes continue to help shape Caldera Springs into the premier residential resort community in the Pacific Northwest.”
Following the sell-out of its Mirror Rock homesites and the near sell-out of its Preservation homesite collection — which offered direct access to 220 acres of forever-protected Wildlife Forest Preserve — Caldera Springs is preparing to unveil its newest offering this spring: the Wild Pine Homesite Collection.
Tucked into the previously untouched northeast corner of the community, Wild Pine offers forest-immersed, water-adjacent homesites overlooking a quiet pond and meandering brook. Just moments from Caldera Springs’ newest amenities — Forest House, a recreation and aquatic complex, and Forest Park, a four-season adventure park — Wild Pine represents a rare opportunity to build a home that balances natural seclusion with vibrant community living.
Combined with the strong performance of Caldera Springs’ vacation rental program through Sunriver Resort Vacation Properties and more than $99 million in real estate sales since its expansion, including the new Forestbrook vacation homes, it’s clear the community has hit its stride.
As Miller put it, “At Caldera Springs, we’re not just selling land — we’re building something lasting. And our builder partners are helping us bring that vision to life.”
For more details about Caldera Springs, available homesites, or the builder program, contact the Caldera Springs Sales Team at 541-593-3000 or sales@calderasprings.com. Visit us at the sales office inside the Lake House or tour the new Forestbrook Model Home.
