693 Terrace Drive
Lake Oswego, OR 97034
$3,850,000
Price
4
Beds
3
Baths
1
1/2 Bath
3,297 Sq. Ft.
$1,168 / Sq. Ft.
3,297
Sq. Ft.
$1,168
per Sq. Ft.
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...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.
- Listed by Katherine Henderson • Opt • 503-908-4908
Property Details for 693 Terrace Drive
Style
Contemporary, Custom Style
Parking FeaturesDriveway
ViewLake, Trees Woods
Garage Spaces5.00
Parking Total5.00
LISTING UPDATED: 12/07/2024 09:25 AM
Property Details for 693 Terrace Drive
| Status | Active |
|---|---|
| MLS # | 24560124 |
| Days on Market | 9 |
| Taxes | $31,954 / year |
| HOA Fees | $2,904 / year |
| Condo/Co-op Fees | $7,500 |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1986 |
| Lot Size | 0.82 AC / 35,719 SF |
| County | Clackamas County |
Building Information for 693 Terrace Drive
Stories3Year Built1986Building Size-Lot Size0.82 AC / 35,719 SF
Property Information for 693 Terrace Drive
Summary
Location and General Information
- Accessibility Features: Main Floor Bedroom Bath, Natural Lighting
- Country: US
- Directions: State St to Mc Vey, R on Southshore, R on Palisades Ter, L on Terrace Dr
- Road Surface: Paved
School Information
- Elementary School: Hallinan
- High School: Lakeridge
- Middle Or Junior School: Lakeridge
Parking
- Garage Type: Oversized
Taxes and HOA
- Tax Year: 2024
- Tax Annual Amount: $31,954.34
- Parcel Number: 00250757
- Association Fee: $2,904.00
- Association Fee Frequency: Annually
- Other Fee: $7,500
- Association Other Fee Frequency: One Time
- Association Status: Active
- Association Contact: Office
- Association Name: Lake Corporation
- Association Phone: 503-636-1422
- Association Email: info@lakecorp.com
- Association Address: 700 Mc Vey Ave Lake Oswego OR 97034
- Tax Legal Description: SECTION 09 TOWNSHIP 2S RANGE 1E QUARTER DA TAX LOT 02900
Virtual Tour
- Video Virtual Tour 1 URL: https://mls.ricoh360.com/80a143ba-5889-45c8-8398-9f2e80041377
- Video Virtual Tour 2 URL: https://drive.google.com/file/d/1LdHbgy9N9pkQgkaec_Aoonqja6wRaLLe/view?usp=share_link
Property
Lot Information
- Acres: 0.82
- Lot Description: Green Belt, Level, Private, Sloped
- Lot Size Square Feet: 35719.0
- Lot Size Range: Sq Ft20000to Acres1
- Lot Size: 20,000 Sq Ft to .99 Acres
- SqFt Source: Trio
Property and Assessments
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Water Description: Public Water
- Property Condition: Resale
- Year Built: 1986
Utilities
- Cooling Description: Central Air
- Fuel Description: Gas
- Heating Description: Forced Air, Radiant
- Hot Water Description: Gas, Tankless
- Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
- Exterior Description: Hard Concrete Stucco
- Exterior Features: Boat House, Deck, Dock, Garden, Patio, Sprinkler, Workshop, Yard
- Roof Type: Metal
- Waterfront Description: Lake
Interior Features
- Basement: Crawl Space
- Fireplace Description: Gas
- Fireplaces Total: 1
- Interior Features: Garage Door Opener, Hardwood Floors, High Ceilings, High Speed Internet, Laundry, Soaking Tub, Tile Floor
- SqFt Calculated: 3297
- SqFt Lower Level Total: 0
- SqFt Main Level Total: 1321
- SqFt Upper Level Total: 1976
- Bedrooms Total: 4
- Stories: 3
- Baths Total: 3.1
Master Bedroom
- Room Description: Primary Bedroom
- Primary Bedroom Additional Features: Suite, Walkin Shower
- Primary Bedroom Level: Upper
- Primary Bedroom SqFt: 375
- Primary Bedroom Length: 25
- Primary Bedroom Width: 15
- Primary Bedroom Features: Balcony, Bathroom, Builtin Features, French Doors
Bedroom 2
- Room Description: _2nd Bedroom
- Bedroom 2 Length: 17
- Bedroom 2 Width: 13
- Bedroom 2 Level: Upper
- Bedroom 2 SqFt: 221
- 2nd Bedroom Additional Features: Closet
Bedroom 3
- Room Description: _3rd Bedroom
- Bedroom 3 Length: 17
- Bedroom 3 Width: 13
- Bedroom 3 Level: Upper
- Bedroom 3 SqFt: 221
- 3rd Bedroom Additional Features: Closet
Dining Room
- Room Description: Dining Room
- Dining Room Features: Hardwood Floors, Patio, Sliding Doors
- Dining Room Additional Features: High Ceilings
- Dining Room Length: 19
- Dining Room Width: 18
- Dining Room Level: Main
- Dining Room SqFt: 342
Family Room
- Room Description: Family Room
Kitchen
- Room Description: Kitchen
- Kitchen Appliances: Builtin Oven, Convection Oven, Dishwasher, Disposal, Gas Appliances, Island, Microwave, Pantry, Quartz, Stainless Steel Appliance
- Kitchen Room Features: Gourmet Kitchen, Nook, Skylight
- Kitchen Room Additional Features: Tile Floor
- Kitchen RoomLength: 28
- Kitchen RoomWidth: 18
- Kitchen Room Level: Main
- Kitchen Room SqFt: 504
Living Room
- Room Description: Living Room
- Living Room Features: Fireplace, Hardwood Floors, Patio, Sliding Doors
- Living Room additional Features: High Ceilings
- Living Room Length: 14
- Living Room Width: 13
- Living Room Level: Main
- Living Room SqFt: 182
Baths
- Baths Lower Level Full: 0
- Baths Lower Level Partial: 0
- Baths Lower Level Total: 0.0
- Baths Main Level Full: 1
- BathsMainLevelPartial: 0
- Baths Main Level Total: 1.0
- Bathrooms Full: 3
- Baths Partial: 1
- Total Bathrooms: 4
- Baths Upper Leve lFull: 2
- Baths Upper Level Partial: 1
- Baths Upper Level Total: 2.1
Additional Room 1
- Additional Room 1 Description: Office
- Additional Room 1 Length: 21
- Additional Room 1 Level: Main
- Additional Room 1 SqFt: 315
- Additional Room 1 Width: 15
Additional Room 2
- Additional Room 2 Description: Laundry
- Additional Room 2 Length: 13
- Additional Room 2 Level: Upper
- Additional Room 2 SqFt: 91
- Additional Room 2 Width: 7
Additional Room 3
- Additional Room 3 Description: Loft
- Additional Room 3 Length: 14
- Additional Room 3 Level: Upper
- Additional Room 3 SqFt: 182
- Additional Room 3 Width: 13
Multi Family
Multi-Family Information
- Security Features: Security System Owned
- SqFt Approximate Building Total: 3297
Property History for 693 Terrace Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 693 Terrace Drive
Taxable ValueLand-Additions-Total-
Tax Record2024$31,954 ($2,663 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,296 SqFtAbove Grade Finished SqFt3,296 SqFtStories2Lot Size35,719 SqFtStyleSingle Family ResidenceYear Built1986ZoningR-15CountyCLACKAMASAPN21E09DA02900Fireplace TypeHas Fireplace
Schools near 693 Terrace Drive
This home is within Lake Oswego School District 7j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Hallinan Elementary School PublicK to 5 | ||
Lakeridge Middle School Public6 to 8 | ||
Lakeridge High School Public9 to 12 | ||
Palisades World Language School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near McVey-South Shore
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Opt
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 12/07/2024 09:25 AM
