The largest dedicated 55+ community in Bend. Land-lease model: you own the home, rent the lot. Here is the complete cost picture — including what the lot rent really costs over time.
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Talk to a Specialist →Despite the land-lease structure, Cascade Village is consistently described as the premier 55+ community in Bend. The clubhouse, pool, and amenity package are genuinely upscale. The community feels well-maintained and socially active — residents describe vibrant pickleball culture, organized events, and strong neighbor connections. The price point is the lowest entry to dedicated 55+ living in Bend proper, making it accessible to buyers who would otherwise be priced out of Central Oregon retirement.
Cascade Village is for buyers who prioritize the Bend address, the community feel, and the lower home purchase price — and who have modeled the long-term lot rent cost and accepted it.
| Cost Category | $200K Home (Cash) | $300K Home (Financed) |
|---|---|---|
| Mortgage or $0 if cash | $0 | ~$1,330 (20% down, 7%) |
| Lot Rent (est.) | ~$765 | ~$765 |
| Property Tax (home only, ~0.60% eff.) | ~$100/mo | ~$150/mo |
| Homeowners Insurance | ~$80–$120 | ~$120–$160 |
| Est. All-In Monthly | ~$945–$985 | ~$2,365–$2,405 |
Lot rent estimate based on publicly available community information (~$765/mo covers water, sewer, amenity access). Verify current lot rent before committing. Lot rent is subject to increase per lease agreement. Property tax on home only — you do not pay property taxes on rented land. Actual figures vary.
We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.
Cascade Village offers a genuine resort-community feel: clubhouse with social spaces, outdoor pool, pickleball courts, and community events. Residents frequently cite the social connectivity as the community's strongest asset. The Bend address — with access to the Deschutes River trail system, Old Mill District, and downtown Bend — is a genuine lifestyle advantage that Redmond-located communities do not match.
A local agent can pull the current lease agreement, explain the lot rent escalation clause, and compare it against current Dry Canyon Village pricing for your specific situation.
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