Caldera Springs is the next generation of the rich Sunriver legacy â€” on a more intimate scale. Created for fun and relaxation with acres of lakes and streams, miles of trails, and a more relaxed style of golf at our Bob Cupp-designed golf park. Discover what Caldera Springs has ready and waiting for you. Caldera Springs Real Estate: Choose from a variety of generously sized homesites, priced from the low $300,000s, nestled in the Ponderosa pines with wonderful views of snow-capped mountains, wandering streams and ponds or national forest. Caldera Springs homes reflect the spirit of great Cascades architecture.