693 Terrace Dr
LakeOswego, OR 97034
- 4 beds
- 4 baths
- 3,297 sqft
- ~3/4 acre lot
- $1,167 per sqft
- 1986 build
- – on site
Welcome to your private oasis in Lake Oswego, a breathtaking property that seamlessly combines modern sophistication with timeless Mediterranean charm. Situated in the desirable "Main Lake" neighborhood, this home underwent a complete remodel in 2018, ensuring every detail reflects exceptional quality and thoughtful design. The bright, open-concept living spaces invite you to enjoy the perfect blend of elegance and comfort, with seamless indoor-outdoor flow that maximizes the stunning waterfront views. Luxurious upgrades include a state-of-the-art electrical system, a durable 50-year metal roof, fully updated plumbing, and warm oak hardwood floors. A five car garage provides ample space for all of your vehicles and more. This home is crafted for both relaxation and entertaining, offering a harmonious and welcoming environment.Step outside to find a newly rebuilt, modern steel-and-glass boathouse that provides a functional and stylish space to store your boat, kayak, or paddle board. It also serves as a tranquil vantage point to soak in the lake's beauty. With 100 feet of private lakefront access, you can start your day with a peaceful boat ride, spend afternoons paddling on the water, or relax on your private dock as the sun sets. Beyond the lakefront, the property is just steps from the scenic Canal Trail, where you can explore lush landscapes, towering trees, and local wildlife. Whether you’re looking for an active adventure or a serene retreat, this home offers the best of both worlds: natural beauty paired with modern luxury. This Lake Oswego property isn’t just a home—it’s a lifestyle. Offering unmatched beauty, premium features, and a sense of tranquility, this is the perfect retreat to create lasting memories for years to come.
Listing courtesy of RMLS / Opt
Last checked:
Checking…
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Last updated Dec 12, 2024
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MLS# 24560124 —
The Building
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Year Built:1986
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New Construction:false
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Architectural Style:Contemporary, CustomStyle
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Roof:Metal
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Stories:3
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Basement:CrawlSpace
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Exterior Description:HardConcreteStucco
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Exterior Features:BoatHouse, Deck, Dock, Garden, Patio, Sprinkler, Workshop, Yard
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Security Features:SecuritySystemOwned
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Accessibility:true
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Accessibility Features:MainFloorBedroomBath, NaturalLighting
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Building Area Description:Trio
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Building Area Total:3297.0
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Building Area Calculated:3297
Interior
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Interior Features:GarageDoorOpener, HardwoodFloors, HighCeilings, HighSpeedInternet, Laundry, SoakingTub, TileFloor
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Gas
Room Dimensions
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Main Level Area Total:1321
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Upper Level Area Total:1976
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:State St to McVey, R on Southshore, R on Palisades Ter, L on Terrace Dr
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Latitude:45.411037
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Longitude:-122.683318
The Property
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Parcel Number:00250757
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:GreenBelt, Level, Private, Sloped
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.82
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Lot Size SqFt:35719.0
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View:true
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View Description:Lake, TreesWoods
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Waterfront:true
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Waterfront Features:Lake
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 704-6673
- Office phone:
- (503) 704-6673
Taxes
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Tax Year:2024
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Tax Legal Description:SECTION 09 TOWNSHIP 2S RANGE 1E QUARTER DA TAX LOT 02900
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Tax Annual Amount:31954.34
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Full Baths:3
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Partial Baths:1
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Total Baths:3.1
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Total Baths Main Level:1.0
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Total Baths Upper Level:2.1
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Full Baths Main Level:1
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Full Baths Upper Level:2
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Partial Baths Upper Level:1
The Listing
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Virtual Tour URL Unbranded:https://mls.ricoh360.com/80a143ba-5889-45c8-8398-9f2e80041377
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Virtual Tour URL Unbranded 2:https://drive.google.com/file/d/1LdHbgy9N9pkQgkaec_Aoonqja6wRaLLe/view?usp=share_link
Heating & Cooling
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Heating:ForcedAir, Radiant
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas,Tankless
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Water Source:PublicWater
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Fuel Description:Gas
Appliances
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Appliances:BuiltinOven, ConvectionOven, Dishwasher, Disposal, GasAppliances, Island, Microwave, Pantry, Quartz, StainlessSteelAppliance
Schools
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Elementary School:Hallinan
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Middle Or Junior School:Lakeridge
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High School:Lakeridge
The Community
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Senior Community:false
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Association Fee:2904.0
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Association Fee Frequency:Annually
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Association Fee 2:7500.0
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Association Fee 2 Frequency:OneTime
Parking
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Attached Garage:false
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Garage Type:Oversized
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Garage Spaces:5.0
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Parking Total:5.0
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Parking Features:Driveway
Monthly cost estimate
Asking price
$3,850,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$20,615
|
Taxes | $2,662 |
Insurance | $1,058 |
HOA fees | $242 |
Utilities | $190 See report |
Total | $24,767/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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12/2/24
Dec 2, 2024
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Listed / Active | RMLS | $3,850,000 |