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693 Terrace Dr

Lake Oswego, OR 97034
  • $3,850,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 24560124
UPDATED: 29 min ago
$3,850,000
  • 4
    BEDS
  • 0.82
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,297
    SQFT
  • $1,168
    $/SQFT
Type:
Single-Family Home
Built:
1986
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 homeit'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.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-15T14:46:10.637.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/158435932
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693 Terrace Dr Lake Oswego, OR 97034

  • Price: $3,850,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 29 min ago
  • MLS #: 24560124
4
Beds
3
Baths
1
½ Baths
0.82
Acres
3,297
SQFT
$1,168
$/SQFT
1986
Built
Neighborhood:
147-Lake Oswego/West Linn
County:
Clackamas
Area:
147-Lake Oswego/West Linn
Elementary School:
Hallinan
Middle School:
Lakeridge
High School:
Lakeridge
Property Description
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 homeit'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.
Exterior Features

Architectural Style Contemporary Custom Style Attached Garage YN No Exterior Description Hard Concrete Stucco Exterior Features Boat House Deck Dock Garden Patio Sprinkler Workshop Yard Garage Type Oversized Lot Features Green Belt Level Private Sloped Parking Features Driveway Parking Total 5 Road Surface Type Paved Roof Metal View Description Lake Trees Woods View YN Yes Waterfront Features Lake Waterfront YN Yes

Interior Features

Additional Room Description Office Additional Room Level Main Additional Room2 Description Laundry Additional Room2 Level Upper Additional Room3 Description Loft Additional Room3 Level Upper Appliances Builtin Oven Convection Oven Dishwasher Disposal Gas Appliances Island Microwave Pantry Quartz Stainless Steel Appliance Basement Crawl Space Bathrooms Full Lower Level 0 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 2 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 1 Cooling Central Air Cooling YN Yes Dining Room Features Hardwood Floors Patio Sliding Doors Dining Room Features Cont High Ceilings Dining Room Level Main Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Radiant Heating YN Yes Interior Features Garage Door Opener Hardwood Floors High Ceilings High Speed Internet Laundry Soaking Tub Tile Floor Kitchen Features Gourmet Kitchen Nook Skylight Kitchen Features Cont Tile Floor Kitchen11 Level Main Living Room Features Fireplace Hardwood Floors Patio Sliding Doors Living Room Features Cont High Ceilings Living Room Level Main Lower Level Area Total 0 Main Level Area Total 1321 Primary Bedroom Features Balcony Bathroom Builtin Features French Doors Primary Bedroom Features Cont Suite Walkin Shower Primary Bedroom Level Upper Second Bedroom Features Cont Closet Second Bedroom Level Upper Third Bedroom Features Cont Closet Third Bedroom Level Upper Upper Level Area Total 1976

Property Features

Accessibility Features Main Floor Bedroom Bath Natural Lighting Accessibility YN Yes Association Fee 2904 Association Fee Frequency Annually Association Fee2 7500 Association Fee2 Frequency One Time Association YN Yes Bank Owned YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description Gas Tankless IDXAddress Display YN Yes Listing Terms Cash Conventional New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Security Features Security System Owned Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 31954.34 Tax Year 2024 Water Source Public Water

Listing provided courtesy of Opt: 503-908-4908.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-15T14:46:10.637.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702