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$3,850,000
4 Beds
3.5 Baths
3,297 SqFt
0.82 Acre Lot
35,719 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Year Built 1986
Neighborhood
Days on Website 35

Property Map

$3,850,000 – 693 Terrace Dr, Lake Oswego, OR 97034

Street View

Listing courtesy of Opt.

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 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.

Property Details and Features

Property Access

  • Road Surface Type: Paved

Appliances & Equipment

  • Appliances: BuiltinOven,ConvectionOven,Dishwasher,Disposal,GasAppliances,Island,Microwave,Pantry,Quartz,StainlessSteelAppliance

Basement

  • Basement: CrawlSpace

Bathrooms

  • 4 total baths
  • 3 full bathrooms
  • 1 partial bath
  • 1 total main level bath
  • 1 main level full bath
  • 2 upper level total baths
  • 2 upper level full baths
  • 1 upper level partial bath

Bedrooms

  • 4 total bedrooms

Building

  • Architectural Style: Contemporary,CustomStyle
  • Building Area Calculated: 3297
  • Building Area Description: Trio
  • Building Area Total: 3297
  • Built in 1986
  • Main Level Area Total: 1321
  • Stories: 3
  • Upper Level Area Total: 1976

Cooling

  • Cooling Equipped
  • Cooling: CentralAir

Disclosures

  • Disclosures: Disclosure

Accessibility Features

  • Accessibility Features: MainFloorBedroomBath,NaturalLighting
  • Handicap Accessible

Exterior Features

  • Exterior Description: HardConcreteStucco
  • Exterior Features: BoatHouse,Deck,Dock,Garden,Patio,Sprinkler,Workshop,Yard

Fireplaces

  • Fireplace Features: Gas
  • Fireplace Included
  • Fireplaces Total: 1

Garage

  • Garage Spaces: 5
  • Garage Type: Oversized

Water Features

  • Waterfront Features: Lake
  • Waterfront Property

Heating

  • Heating Available
  • Heating: ForcedAir,Radiant

Home Owner’s Association

  • HOA Required
  • Fee: $2,904
  • Fee Frequency: Annually
  • Second Fee: $7,500
  • Second Fee Frequency: OneTime

Interior Features

  • Features: GarageDoorOpener,HardwoodFloors,HighCeilings,HighSpeedInternet,Laundry,SoakingTub,TileFloor

Listing

  • Contract Status Change Date: 2024-12-02
  • Days On Market: 34
  • Last Transaction Date: 2024-12-07 09:25:08
  • List Price: $3,850,000
  • Listing Contract Date: 2024-12-02
  • Listing Id: 24560124
  • Mls Status: Active
  • Modification Timestamp: 2024-12-07 09:25:08
  • On Market Date: 2024-12-02
  • Standard Status: Active

Location

  • MLS Area Major: _147
  • County Or Parish: Clackamas

Lot

  • Features: GreenBelt,Level,Private,Sloped
  • Size Acres: 0.82
  • Size Range: SqFt20000toAcres1
  • Size Square Feet: 35,719
  • Size: 20,000 SqFt to .99 Acres

Parking

  • Features: Driveway
  • 5 total parking spots

Possession

  • Possession: CloseOfEscrow

Property

  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Property View

Roof

  • Roof: Metal

Schools

  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge
  • Elementary School: Hallinan

Security Features

  • Features: SecuritySystemOwned

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $31,954
  • Legal Description
  • Tax Year: 2024

Utilities

  • Fuel Description: Gas
  • Hot Water Description: Gas,Tankless
  • Water Source: PublicWater

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This content last updated on January 6, 2025 16:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.