- ADDRESS:
- 701 TERRACE DR Lake Oswego, OR 97034
- VIDEOS:
- Print this Listing
- Price:
- $2,895,000
- Beds:
- 4
- Baths:
- 4.1
- Ft²:
- 3852
- Acres:
- 0.42
- MLS#:
- 663841569
- Lot Size:
- 15,000 to 19,999 SqFt
- Type:
- Detachd
- County:
- Clackamas
- Style:
- 2 Stories
- Yr Built:
- 1969
- Status:
- Active
- Levels:
- 2
- Garage:
- Attached
- Nhood/Bldg:
- Mcvey Southshore
- Heat:
- Forced Air
- Fireplace:
- Gas
- Roof:
- Composition
- Accessibility:
- Accessible Full Bath, Garage on Main, Main Floor Bedroom w/Bath, Utility Room On Main, Walk-in Shower
- View:
- Lake
- Elem:
- Hallinan
- Middle:
- Lakeridge
- High:
- Lakeridge
- Lot Desc:
- Private, Sloped
- Area:
- Lake Oswego, West Linn
- Exterior:
- Boat House, Covered Patio, Deck, Dock, Fenced, Garden, Gas Hookup, Outbuilding, Sprinkler, Storm Door(s), Yard
- Courtesy of:
- Harnish Company Realtors
- Remarks:
- 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.