701 TERRACE DR, Lake Oswego, OR 97034
- $2,495,000
- 4
- BD
- 4
- BA
- 3,852
- SqFt
- List Price
- $2,495,000
- Price Change
- ▼ $200,000 1785283427
- Days on Market
- 97
- Status
- ACTIVE
- MLS#
- 663841569
- Bedrooms
- 4
- Bathrooms
- 4
- Partial Bathrooms
- 1
- Living Area
- 3,852
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Lake Oswego, West Linn
Property Description
Set on a private 0.42-acre lot in Lake Oswego’s coveted Palisades neighborhood, this lakefront traditional offers sweeping Oswego Lake views and exceptional indoor-outdoor living. The 3,852-square-foot home features vaulted ceilings, sunken living room, formal dining, and an open kitchen / great room that flows seamlessly to outdoor entertaining spaces through French doors. A standout feature is the recently rebuilt private boathouse with an expansive rooftop deck complemented with a dock, boat lift, landscaped grounds, and irrigation supported by deeded water rights—an ideal setting for lakeside gatherings as bald eagles and herons pass overhead.The upper-level primary suite includes a sitting area, dual walk-in closets, and a well-appointed bath. Three large additional bedrooms and a dedicated office offer custom built-ins and generous space.Other recent capital improvements are dual HVAC systems, water heaters, and a whole-house generator, providing year-round comfort and reliability. Additional features include a large two-car garage and security system. With access to top-rated Lake Oswego schools, this is a rare opportunity to own a true legacy waterfront property.
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Additional Information
- Tax Amount
- $28,046
- Year Built
- 1969
- High School
- Lakeridge
- Elementary School
- Hallinan
- Middle School
- Lakeridge
- Fireplaces Total
- 2
- Garage Spaces
- 2
- Garage Type
- Attached
- Hoa Fee
- $2,985
- Hoa Payment Freq
- Annually
- Acres
- 0.42
- Living Area
- 3,852
- Stories
- 2
- Subdivision
- Mcvey Southshore
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional
- Accessibility Features
- Accessible Full Bath, Garage on Main, Main Floor Bedroom w/Bath, Utility Room On Main, Walk-in Shower
- Master Bedroom Level
- Upper
- Cooling Description
- Central Air
- Fireplace Description
- Gas
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air
- Hot Water Description
- Electricity, Gas
- Exterior Description
- Brick, Cedar
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- Traditional
- Waterfront Description
- Lake
- View
- Lake
- Parking
- Driveway
- Waterfront
- Yes
- Security Or Entry
- Security System Owned
- Parking Description
- Driveway
- Road Surface
- Paved
- Exterior Features
- Boat House, Covered Patio, Deck, Dock, Fenced, Garden, Gas Hookup, Outbuilding, Sprinkler, Storm Door(s), Yard
- Interior Features
- Air Cleaner, Ceiling Fan(s), Garage Door Opener, Hardwood Floors
- Kitchen Appliances
- Built-in Oven, Convection Oven, Dishwasher, Disposal, Down Draft, Free-Standing Refrigerator, Gas Appliances, Granite, Instant Hot Water, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Purifier
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Listing courtesy of Harnish Company Realtors.
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