diff --git a/confuse/cache.py b/confuse/cache.py
new file mode 100644
index 0000000..ded336f
--- /dev/null
+++ b/confuse/cache.py
@@ -0,0 +1,98 @@
+from typing import Dict, List
+
+from . import templates
+from .core import ROOT_NAME, Configuration, ConfigView, RootView, Subview
+
+
+class CachedHandle(object):
+    """Handle for a cached value computed by applying a template on the view.
+    """
+    _INVALID = object()
+    """Sentinel object to denote that the cached value is out-of-date."""
+
+    def __init__(self, view: ConfigView, template=templates.REQUIRED) -> None:
+        self.value = self._INVALID
+        self.view = view
+        self.template = template
+
+    def get(self):
+        """Retreive the cached value from the handle.
+
+        Will re-compute the value using `view.get(template)` if it has been
+        invalidated.
+
+        May raise a `NotFoundError` if the underlying view is missing.
+        """
+        if self.value is self._INVALID:
+            self.value = self.view.get(self.template)
+        return self.value
+
+    def _invalidate(self):
+        """Invalidate the cached value, will be repopulated on next `get()`.
+        """
+        self.value = self._INVALID
+
+
+class CachedViewMixin:
+    def __init__(self, *args, **kwargs):
+        super().__init__(*args, **kwargs)
+        # keep track of all the handles from this view
+        self.handles: List[CachedHandle] = []
+        # need to cache the subviews to be able to access their handles
+        self.subviews: Dict[str, CachedConfigView] = {}
+
+    def __getitem__(self, key) -> "CachedConfigView":
+        try:
+            return self.subviews[key]
+        except KeyError:
+            val = CachedConfigView(self, key)
+            self.subviews[key] = val
+            return val
+
+    def __setitem__(self, key, value):
+        subview: CachedConfigView = self[key]
+        # invalidate the existing handles up and down the view tree
+        subview._invalidate_descendants()
+        self._invalidate_ancestors()
+
+        return super().__setitem__(key, value)
+
+    def _invalidate_ancestors(self):
+        """Invalidate the cached handles for all the views up the chain.
+
+        This is to ensure that they aren't referring to stale values.
+        """
+        parent = self
+        while True:
+            for handle in parent.handles:
+                handle._invalidate()
+            if parent.name == ROOT_NAME:
+                break
+            parent = parent.parent
+
+    def _invalidate_descendants(self):
+        """Invalidate the handles for (sub)keys that were updated.
+        """
+        for handle in self.handles:
+            handle._invalidate()
+        for subview in self.subviews.values():
+            subview._invalidate_descendants()
+
+    def get_handle(self, template=templates.REQUIRED):
+        """Retreive a `CachedHandle` for the current view and template.
+        """
+        handle = CachedHandle(self, template)
+        self.handles.append(handle)
+        return handle
+
+
+class CachedConfigView(CachedViewMixin, Subview):
+    pass
+
+
+class CachedRootView(CachedViewMixin, RootView):
+    pass
+
+
+class CachedConfiguration(CachedViewMixin, Configuration):
+    pass
diff --git a/test/test_cache.py b/test/test_cache.py
new file mode 100644
index 0000000..189044d
--- /dev/null
+++ b/test/test_cache.py
@@ -0,0 +1,68 @@
+import unittest
+
+import confuse
+from confuse.cache import CachedConfigView, CachedHandle, CachedRootView
+from confuse.templates import Sequence
+
+
+class CachedViewTest(unittest.TestCase):
+    def setUp(self) -> None:
+        self.config = CachedRootView([confuse.ConfigSource.of(
+            {"a": ["b", "c"],
+             "x": {"y": [1, 2], "w": "z", "p": {"q": 3}}})])
+        return super().setUp()
+
+    def test_basic(self):
+        view: CachedConfigView = self.config['x']['y']
+        handle: CachedHandle = view.get_handle(Sequence(int))
+        self.assertEqual(handle.get(), [1, 2])
+
+    def test_update(self):
+        view: CachedConfigView = self.config['x']['y']
+        handle: CachedHandle = view.get_handle(Sequence(int))
+        self.config['x']['y'] = [4, 5]
+        self.assertEqual(handle.get(), [4, 5])
+
+    def test_subview_update(self):
+        view: CachedConfigView = self.config['x']['y']
+        handle: CachedHandle = view.get_handle(Sequence(int))
+        self.config['x'] = {'y': [4, 5]}
+        self.assertEqual(handle.get(), [4, 5])
+
+    def test_missing(self):
+        view: CachedConfigView = self.config['x']['y']
+        handle: CachedHandle = view.get_handle(Sequence(int))
+
+        self.config['x'] = {'p': [4, 5]}
+        # new dict doesn't have a 'y' key, but according to the view-theory,
+        # it will get the value from the older view that has been shadowed.
+        self.assertEqual(handle.get(), [1, 2])
+
+    def test_missing2(self):
+        view: CachedConfigView = self.config['x']['w']
+        handle = view.get_handle(str)
+        self.assertEqual(handle.get(), 'z')
+
+        self.config['x'] = {'y': [4, 5]}
+        self.assertEqual(handle.get(), 'z')
+
+    def test_list_update(self):
+        view: CachedConfigView = self.config['a'][1]
+        handle = view.get_handle(str)
+        self.assertEqual(handle.get(), 'c')
+        self.config['a'][1] = 'd'
+        self.assertEqual(handle.get(), 'd')
+
+    def test_root_update(self):
+        root = self.config
+        handle = self.config.get_handle({'a': Sequence(str)})
+        self.assertDictEqual(handle.get(), {'a': ['b', 'c']})
+        root['a'] = ['c', 'd']
+        self.assertDictEqual(handle.get(), {'a': ['c', 'd']})
+
+    def test_parent_invalidation(self):
+        view: CachedConfigView = self.config['x']['p']
+        handle = view.get_handle(dict)
+        self.assertEqual(handle.get(), {'q': 3})
+        self.config['x']['p']['q'] = 4
+        self.assertEqual(handle.get(), {'q': 4})