Caldera Springs Buyers Guide

Page 1

Please Contact Us: Mike Sullivan 541.350.8616 Judi Hein 541.408.3778 Monthly Updates: www.SunriverHOMES.com Central Oregon MLS Active Listings as of 5-22-2020 $1,069,000 Unfurnished 4 Bdrm/5 Bath 2,691 sf $397/sf Built 2018 Builder: Paul Nordstrom

$897,700 Furnished 4 Bdrm/2.5 Bath 2,168 sf $414/sf Built 2010 Builder: Pineriver Homes

Bike Path

$1,363,875 Unfurnished 3 Bdrm/4.5 Bath 3,637 sf $375/sf Built 2017 Builder: Pineriver Homes

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$1,524,900 Furnished 6 Bdrm/6.5 Bath 4,446 sf $343/sf Built 2020 Builder: Forest View

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AM

1.5 miles to Sunriver Main Entrance EC NO CA

Featured properties may not be listed by the office/agent presenting this brochure. Information provided is deemed reliable but not guaranteed and is subject to change.

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$930,000 Furnished 4 Bdrm/5 Bath 2,291 sf $406/sf Built 2019 Builder: Paul Nordstrom

276

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The Quarry (Pool & Fitness

83 82 81 80 79 78 77 76 75 74 86 85 84 73 1

190

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231

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209

179

$998,900 Furnished 4 Bdrm/4 Bath 2,802 sf $357/sf Built 2016 Builder: Bella Villa

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189 188 187 186 185

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63 64 65 66 67 68 69 70 71 72 59 60 61 62

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178

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Tennis Courts

89 88

44 43 40 39 38 42 41 37

Caldera Links (9 short irons holes)

33 32 31 30

229

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106 102 103 104 105

31

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56

90

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Headwaters

228

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226

235 236 237 238 239 240

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95

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171 172 173

158

$1,257,500 Furnished 3 Bdrm/3.5 Bath 3,353 sf $375/sf Built 2014 Builder: Demarco

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125 126 132 133 134 135 136 137 138 139 127 128 129 130 131 SUNS TO N E L

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= Vacant Lot(s) 14

$1,595,000 Furnished 7 Bdrm/7.5 Bath 4,790 sf $333/sf Built 2020 Builder: Forest View

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124

123

120

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$1,595,000 Furnished 7 Bdrm/7.5 Bath 4,852 sf $329/sf Built 2017 Builder: Everest Const

= Home(s) for sale 11

$849,000 Furnished 3 Bdrm/3.5 Bath 2,572 sf $330/sf Built 2019 Builder: Olsen Brothers

288 289 290

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OWNERS’ ASSOCIATION, INC. FACTS AND FIGURES 20 COMMUNITY OVERVIEW: Caldera Springs is a 400 acre gated residential community. The Master Plan includes 320 single-family homesites with lot sizes ranging from approximately a quarter acre to over one acre, and 45 Caldera Cabins. Amenities include: x Caldera Links and Golf Park x Acres of lakes and streams x Nine miles of soft and hard trails for biking, walking and hiking x Playground, tennis courts, pickleball courts, basketball court, Harper’s Outpost picnic pavilion, Ponderosa Park and Sable Rock Park x The Lake House and the Quarry Pool & Fitness Center x Overnight rentals are allowed in Caldera Spring. OWNERS ASSOCIATION: The Caldera Springs Owners Association governs the operation of the community. The Association is responsible for the maintenance of the common areas, roads including snowplowing, trails, and amenities owned by the property owners. The enforcement of all design guidelines and other community rules is also handled by the Association. All owners in Caldera Springs are automatically members of this Association. Master Association assessments for 20 are $7 per quarter ($2 per month), which includes management services and capital replacement reserves. In addition, there is an initial Working Capital Contribution to CSOA due at the time of closing. The 20 Working Capital Contribution for a lot or a home is $7 . OWNER AMENITIES: x x x x x x x

Acres of lakes and streams for canoeing, kayaking, paddleboarding and fishing Approximately nine miles of soft and hard trails and the pedestrian bridge Harper’s Outpost Pavilion and barbeque area Quarry Pool and Fitness Facility featuring cardio and fitness equipment and locker rooms, expansive sun decks, heated walkways, splash deck, unique grotto-style pool with infinity edge, waterfall and slide. Two outdoor spas open year-round, with an outdoor fire pit Tennis courts, pickleball courts, basketball sports court and playground area Ponderosa Park and Sable Rock Park

THE LAKE HOUSE: The Lake House, owned and operated by Sunriver Resort, is the hub of the community. It includes a living room with views of Mt. Bachelor and a family room with pool table, game tables, big screen TV and video games. Zeppa Bistro, open seasonally, serves pizza from the brick pizza oven, as well as other bistro items. Zeppa Bistro also provides poolside food and beverage service at the Quarry Pool. There’s a beautiful outdoor deck with stone fireplace and fire pit for lakeside relaxing.


CALDERA LINKS GOLF COURSE: The Bob Cupp designed Caldera Links and Golf Park is a nine-hole executive course with pin placements ranging from 65 to 170 yards in length. It also has a family friendly three regulation-hole golf park. Caldera Links and Golf Park are owned and operated by Sunriver Resort. Owner access and greens fees are included with ownership. CALDERA CABINS: These vacation homes offer fun and flexible vacation living in the heart of the community village. Each cabin is privately owned, and available for rent to guests. Sizes range from approximately 1,400 to 2,600 sq ft. 20 Association fees for Caldera Cabins are $1, per quarter ($ /mo.) and include landscape maintenance, irrigation and snow removal, as well as all the services of the Master Association. In addition, there is an initial Working Capital Contribution to CCOA due at the time of closing. The 20 Working Capital Contribution for a cabin is $5 . ARCHITECTRUAL GUIDELINES: The Owners Association has established architectural guidelines that affirm the overall character of the community and provide guidance for the design and construction of all homes. The review process is managed by the Design Review Committee. Design review fees for 2019 include a one-time fee of $ , plus a $5,000 refundable construction deposit. Each homesite has specific setback requirements. Owners should work with qualified engineers and architects to ensure proper consideration of climate, topography, soils and drainage conditions. For more information please review the Caldera Springs Design Guidelines. The Guidelines are posted on our website at www.calderasprings.com. Click on “Owners Association� link under the “About� tab in the lower left corner. POLICE AND FIRE PROTECTION: Deschutes County Sheriff provides police services; and La Pine Rural Fire District provides fire protection services. UTILITIES: Caldera Springs is served by underground utility service for electricity, natural gas, water, sewer, telephone, and cable TV. The connection fees for water and sewer in 20 are approximately $13,425. Utility Service providers: x x x x x x

Sunriver Water, LLC Sunriver Environmental Cascade Natural Gas Midstate Electric Cooperative Bend Broadband (TV/Internet) CenturyLink (Telephone)

DESCHUTES COUNTY PROPERTY TAXES: The tax rate for Caldera Springs for the 2018/2019 Tax Year is $12.07 per thousand of taxable assessed value for vacant land (County Tax Area 1-097), and $14.49 per thousand of taxable assessed value for improved land (County Tax Area 1-098).

Caldera Springs Owners’ Association (541) 593-4852 This information is provided as a convenience to prospective owners at Caldera Springs, and is subject to change.


March 21, 2019 Dear Owner, As a Caldera Springs owner, you and your family have access to all of the exceptional Caldera Springs Owners Association owned amenities that our community has to offer, including use of the Quarry Pool and Fitness Center, Discovery Park, Harper’s Outpost, Ponderosa Park, Sable Rock Park, lakes, fishing, pathways, tennis courts and more. Additionally, as a property owner in Caldera Springs, you and your family have access to use the amenities that are owned by Sunriver Resort, including Caldera Links, Caldera Golf Park, boats, paddle boards, cruiser bikes and all of the games in the Lake House Family Room. As we have done in years past, Sunriver Resort is offering access to the resort owned amenities to rental guests through the Obsidian Club. While we will continue to offer preferred access to resort guests, we also have a desire to offer a positive experience to all guests staying at Caldera Springs. By joining the Obsidian Club, your guests who stay in your Caldera Springs rental unit may access resort owned facilities on a fee basis. The annual fee for the Obsidian Club in 2018, which is paid by the owner, is $1,200 and will be valid May 1, 2018 – April 30, 2019. Purchasing an Obsidian Club membership for your rental unit will allow your guests to access Sunriver Resort amenities for a fee. Below is a summary of what is included in the Obsidian Club:

2018 Home Owner Paid Membership Fee Guest Payment For Caldera Links Golf Guest Payment for Canoe/Kayak Rental Guest Payment for Paddle Board Rental Guest Payment for Crusier Bike Rental Use of Lake House Family Room Facilities

Obsidian Club Private Owner

Obsidian Club Sunriver Resort Managed Rental

Non-Obsidian Club Rental Guest

$1,200

No Charge

$40/$55 for 9 holes play*

No Charge: Unlimited Play

Not Available

$20 per hour

No Charge: Unlimited Use

Not Available

$30 per hour

No Charge: Unlimited Use

Not Available

$20 per hour

No Charge: Unlimited Use

Not Available

Can Use: No Charge

Can Use: No Charge

Not Available

*Seasonal rates apply for golf rounds

Guest staying in rental units managed by Sunriver Resort will continue to receive access to these amenities at no cost. Guests from homes without Obsidian Club membership will not have access to any of these Sunriver Resort amenities. If you would like to join the Obsidian Club at Caldera Springs for 2018 please contact me at (541) 593-4853 or kdoohan@destinationhotels.com. Best regards,

Kelly Doohan Community Services Manager Caldera Springs


Please Contact Us: Mike Sullivan 541.350.8616 Judi Hein 541.408.3778 Monthly Updates: www.SunriverHOMES.com

2019 Homesites Sold (23) 2018 Homesites Sold (23) 2017 Homesites Sold (27) 2016 Homesites Sold (36) 2015 Homesites Sold (30) 2014 Homesites Sold (33)

= (14) Homesites Sold from 8-1-19 to 5-21-2020 = Pending Sale (1)

$290,000 8/19 $168,500 8/19

$155,000 12/19

$175,000 8/19

$230,000 4/20

$195,000 8/19

$195,000 12/19 123

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$272,000 10/19

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$194,900 9/19

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$167,000 12/19

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$290,000 8/19

1

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275 274 273

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Historical Facts Original Sales March 2006 to 5-21-20: Highest Lot Sold = $550,000 June 2006 Lowest Lot Sold = $72,000 Nov 2012 TW IN R IVE Average $/SF = $13.23 RS High = $38.42 Low = $3.15 Average = $223,247 Median = $185,000 M R D

Historical Facts 8-1-19 to 5-21-20: Homesites Sold = 14 Lots Highest Lot Sold = $290,000 Aug 2019 Lowest Lot Sold = $155,000 Dec 2019 Average $/SF = $12.69 High = $19.33 Low = $7.22 Average = $208,207 Median = $194,950

NO CA

EC

A

Featured properties may not be listed by the office/agent presenting this brochure. Information provided is deemed reliable but not guaranteed and is subject to change.

288

$185,000 1/20 $178,000 4/20


Please Contact Us: Mike Sullivan 541.350.8616 Judi Hein 541.408.3778 Monthly Updates: www.SunriverHOMES.com

$1,481,000 1/31/20 Furnished 5 Bdrm/5.5 Bath 4,412 sf $336/sf Built 2015 Builder: Pineriver Homes

$998,000 9/20/19 Unfurnished 4 Bdrm/4 Bath 3,264 sf $306/sf Built 2014

$1,486,800 1/17/20 Furnished 7 Bdrm/7.5 Bath 4,676 sf $318/sf Est Comp 1/2020 Builder: Forest View

$1,550,000 Furnished 6 Bdrm/6.5 Bath 4,502 sf $344/sf Built 2018 Builder: Everest Const

124

123

156 121

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15 16 10 11 12 13 14

17

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35 34 36

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106 102 103 104 105

44 43 40 39 38 42 41 37

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83 82 81 80 79 78 77 76 75 74 86 85 84 73

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12 13 14 15 16 17 18 19

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$1,235,000 11/19/19 Furnished ANCING RO CK LO 4 Bdrm/4.5 Bath 4,035 sf D OP $306/sf Built 2006 Builder: Schumacher Const

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$925,000 3/2/20 Furnished 4 Bdrm/4.5 Bath 2,536 sf $365/sf Built 2014 S CENTU RY DR Builder: Pineriver Homes

ER A

23

194 19 94 195

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206

197 198 199 200 19

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309 308 307

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E ST P INE D $899,000 Furnished R 4 Bdrm/3.5 Bath 2,360 sf $381/sf Built 2014 Builder: Pineriver Homes

276

248 204 203

275 274 273

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272 271 270 269

284

285 286

268 267

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202 306 305 310 311 312 304 313 303 302 301 300 314 TR AILM ER 299 E CIR 315 298 316 317 318 319 297 296 320

$1,440,000 12/6/19 Furnished 6 Bdrm/6.5 Bath 4,423 sf $326/sf Built 2019 Builder: Forest View

266

287

252 265 253 254

264 260 261 262 263 258 259 257 CK LLO OCK OO OPP RO ER BBLLE SSAA 255 256 294 293 292 295

$899,900 Furnished 3 Bdrm/3 Bath 2,802 sf $321/sf Built 2006 Builder: Schumacher Const

IN R IVE Historical Facts 8-1-19 toTW5-21-20: RS Homes Sold = 11 Highest Sold = $1,486,800 Lowest Sold = $870,000 Median = $1,100,000 AM EC Average $/SF = $337 AHigh = $365 Low = $304 NO C Average SF = 3,484 sf Average DOM = 253 days Percentage List Price vs Sold Price = 97.87%

DR

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$925,000 1/31/20 Unfurnished 4 Bdrm/3 Bath 3,043 sf $304/sf Built 2015 Builder: Barkhurst Const

191

183

245

207

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88

$1,100,000 9/27/19 Furnished 31 4 Bdrm/4.5 Bath 3,53629sf30 27 $311/sf Built 2006 28 26 25 Builder: Finke Const L D 24 C

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89

190

184

232

208

179

$975,000 9/20/19 Unfurnished 3 Bdrm/4 Bath 3,021 sf $323/sf Built 2014 Builder: Pineriver Homes

231

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209

178 189 188 187 186 185

36 35 34 33 32

230

243

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176 177 45

$870,000 3/6/20 Unfurnished 4 Bdrm/4 Bath 2,654 sf $328/sf Built 2019 Builder: Spring River

228

214 213

175

108 107 112 111 110 109

5 56 91

174

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98

21

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37

92

20

25 24

168 169 170 165 166 167

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96

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164

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227 241

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171 172 173

158

226

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DANC ING ROCK LOOP

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217 216 215

157

$1,325,000 9/20/19 Unfurnished 6 Bdrm/6.5 Bath 4,067 sf $326/sf Built 2019 Builder: Steel Creek Homes

225

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155 154 153 152 151 150 149 148 147 146 145 144 143 142 141

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$1,280,000 Unfurnished 5 Bdrm/6 Bath 3,842 sf $326/sf Est Comp 3/2021 Builder: Steel Creek Homes

218 219 220 221 222 223 224 140

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= Pending Sale (6)

$1,525,000 Unfurnished 7 Bdrm/7.5 Bath 4,676 sf $326/sf Under Const May 20 Builder: Forest View

125 126 132 133 134 135 136 137 138 139 127 128 129 130 131 SUNS TO N E L

122

120

1

= Homes Sold from 8/1/19

Homes Sold from 8-1-2019 to 4-26-2020

$949,000 Furnished 4 Bdrm/3.5 Bath 2,676 sf $355/sf Built 2010 Builder: Sun Forest

Featured properties may not be listed by the office/agent presenting this brochure. Information provided is deemed reliable but not guaranteed and is subject to change.

288 289 290

291


Please Contact Us: Mike Sullivan 541.350.8616 Judi Hein 541.408.3778 Monthly Updates: www.SunriverHOMES.com Central Oregon MLS Active Listings as of 5/22/2020

$630,000 2/4/20 Furnished 3 Bdrm/4 Bath 1,811 sf $348/sf Built 2007 Builder: Sun Forest

= Pending Sale (0) = Active Listings (0) = Solds (4) Sold from 1-1-19 to 5-22-2020

$635,000 2/26/19 Furnished 3 Bdrm/4 Bath 1,811 sf $351/sf Built 2007 Builder: Sun Forest

$820,000 6/7/19 Furnished 4 Bdrm/5 Bath 2,681 sf $306/sf Built 2014 Builder: Bella Villa

$672,000 3/28/19 Furnished 3 Bdrm/4 Bath 2,004 sf $335/sf Built 2012 Builder: Bella Villa

US

Featured properties may not be listed by the office/agent presenting this brochure. Information provided is deemed reliable but not guaranteed and is subject to change.


CALDERA SPRINGS EXPANSION JUNE 5, 2019 Dear Neighbor, We are writing to provide you with another update on the conceptual master plan for the enhancement and expansion of Caldera Springs.


As we reported last November, the Sunriver Owner’s Association filed an appeal with the Oregon Land Use Board of Appeals in Salem. Through a series of discussions, we have now reached an agreement with the SROA that satisfies their concerns about potential impacts that the expansion might have on Sunriver. Their appeal has been withdrawn, and our conceptual plan that was approved by the Deschutes County Board of Commissioners last August remains unchanged. Here are some of the highlights of the approved conceptual plan: There will be up to 490 new residential units including 340 single-family homesites and 150 overnight lodging units. The new overnight lodging units may come from a combination of unit types such as duplexes, casitas or other accessory dwelling units on single family homesites, hotel-style units, and/or small houses or condominiums. The plan shows three access points: off Vandevert Road on the south, off Harper Road on the north and via Trailmere Circle near lot 140 to the east. The 221 acre wildlife migration tract will provide an east-west route across the south end of the property to connect riparian areas to the west with national forest lands to the east. The access road through the wildlife mitigation tract to Vandevert Road will be gated at each end, and will be limited to owners and construction traffic only. As we move forward towards a final master plan, we will share new information with you and continue to seek your input. Conceptual plans and other updates can be found on our web page: https://www.calderasprings.com/expansion To communicate with the development team, please email Steve Runner directly at srunner@sunriverresort.com Sincerely, Tom O’Shea Managing Director Sunriver Resort, L.P.


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