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693 TERRACE Dr, Lake Oswego, OR 97034
$3,850,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
4
baths
3,297
sqft
Built in
1986
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.
Features & Amenities
Interior
- General:
- Garage door opener, Hardwood floors, High ceilings, High speed internet, Laundry, Soaking tub, Tile floor
- Appliances:
- Builtin oven, Convection oven, Dishwasher, Disposal, Gas appliances, Island, Microwave, Pantry, Quartz, Stainless steel appliance
- Basement:
- Crawl space
- A/C:
- Central air
- Heating:
- Forced air, Radiant
- Fireplace:
- Gas, Fireplace, Fireplaces: 1
- Disability Feature:
- Main floor bedroom bath, Natural lighting
Exterior
- General:
- Hard concrete stucco, Boat house, Deck, Dock, Garden, Patio, Sprinkler, Workshop, Yard
- Style:
- Contemporary, Custom style
- Parking:
- Driveway, Parking spaces: 5
Construction
- Roofing:
- Metal
Location
- Road/Access:
- Paved
- HOA Amenities:
- 2904.0, Annually
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Clackamas
Lot
- Zoning:
- SECTION 09 TOWNSHIP 2S RANGE 1E QUARTER DA TAX LOT 02900, 00250757
- View:
- View
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
Opt, Katherine Henderson
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake Oswego, OR
Housing
- Number of Units
- 21,816
- Median Home Value
- $661,326
- Median Rent
- $1,550
26.88% of housing units are renter occupied.
5.99% are vacant.
Commute
- Car
-
41.12%
- Public Transportation
-
1.54%
- Walk to Work
-
1.00%
- Work from Home
-
55.80%
- Other
-
0.10%
The median travel time to work is 12 minutes.
People
- Population
- 47,103
- Median Age
- 45.80
- Median Household Size
- 2.72
Education
- High School
-
7.16%
- Associate’s Degree
-
4.97%
- Bachelor’s Degree
-
40.93%
- Graduate Degree
-
31.18%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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