We present new observations of the cataclysmic variable V523 Lyr , a member of the open cluster NGC 6791 . The Kepler Space telescope obtained photometric observations of this source and we examine the nearly 3 year long light curve . The observations show numerous small amplitude outbursts recurring on average every 33 days , intermittent quasi-periodic oscillations , and a significant fully coherent period of \sim 3.8 hr which we identify as the orbital period of the binary . Contemporaneous optical spectroscopy of V523 Lyr reveals a faint blue source with broad Balmer absorption lines containing narrow emission cores . H \alpha is in emission above the continuum . The low amplitude of the photometric signal and no detected velocity motion suggest a low orbital inclination . We discuss the properties of V523 Lyr and show that it is a member of the growing group of anomalous Z Cam type CVs , systems which show stunted outbursts , light curve standstills , and occasional deep drops in brightness .