See all 11 photos

Listed by LUXE Forbes Global Properties

$5,000,000

Est. payment - /mo

Save

4 Beds

4.2 Baths

5,907 SqFt

New

843 TERRACE DR Lake Oswego, OR 97034

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,907 sqft

Price per Sqft $846

Subdivision Palisades Terrace

MLS Listing ID 561633719

Style Custom Style, Traditional

Bedrooms 4

Full Baths 4

HOA Fees $2,500/ann

HOA Y/N Yes

Year Built 2026

Annual Tax Amount $12,979

Tax Year 2025

Lot Size 0.410 Acres

Property Sub-Type Single Family Residence

Property Description

Stillwater Vista by TimberRidge Development - A Private Lake Oswego Retreat Above the Water Commanding a premier vantage above Oswego Lake. Stillwater Vista is a rare expression of architectural elegance and effortless lakefront living. Selected for the 2026 Street of Dreams Home Builder Showcase, this residence showcases an exceptional level of design, craftsmanship, and innovation in one of Lake Oswego's most coveted settings. A dramatic great room features 20-foot vaulted ceilings, statement lighting, and a sculptural fireplace, while walls of glass frame serene lake views and open to a vaulted, covered upper terrace with a striking stone fireplace, integrated heating, and outdoor entertaining spaces. The kitchen is both a showpiece and a professional workspace, defined by exposed beam ceilings, a 12-foot island, side-by-side Sub-Zero refrigeration, and a 60-inch Wolf range, complemented by custom inset cabinetry and a fully equipped scullery. An indoor-outdoor bar enhances seamless entertaining. The main-level primary suite offers 17-foot vaulted ceilings, tranquil water views, and a spa-inspired bath with heated floors, slab marble, a soaking tub, and a custom dressing room with island and integrated laundry. The lower level is designed for leisure, featuring a lounge with fireplace, glass-enclosed wine cellar, fitness studio with sauna, and access to a covered lakeside terrace with hot tub and media setup. Residents enjoy access to Oswego Lake via a private neighborhood tram to a dedicated boat slip—an increasingly rare amenity completing this exceptional offering. Stillwater Vista is a showcase, a retreat, and a legacy property designed to be experienced.

Location

State OR

County Clackamas

Area _147

Rooms

Basement Daylight, Finished, Full Basement

Interior

Interior Features Garage Door Opener, High Ceilings, Laundry, Skylight, Soaking Tub, Vaulted Ceiling

Heating E N E R G Y S T A R Qualified Equipment, Forced Air90, Heat Pump

Cooling Energy Star Air Conditioning

Fireplaces Number 3

Fireplaces Type Gas

Appliance Builtin Oven, Builtin Refrigerator, Butlers Pantry, Dishwasher, Disposal, Double Oven, Free Standing Range, Island, Pantry, Range Hood

Exterior

Exterior Feature Builtin Barbecue, Covered Deck, Deck, Fire Pit, Outdoor Fireplace, Yard

Parking Features Attached, Oversized

Garage Spaces 3.0

Waterfront Description Lake

View Lake, Territorial, Trees Woods

Roof Type Composition,Metal

Accessibility GarageonMain, MainFloorBedroomBath, MinimalSteps, NaturalLighting, WalkinShower

Garage Yes

Building

Lot Description Bluff, Sloped, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Hallinan

Middle Schools Lakeridge

High Schools Lakeridge

Others

HOA Name $2,500 HOA dues payable cover tram to the lake, dock, upper walkway to tram, repairs, maintenance, insurance, electricity & water for tram. Additional $3,045/year per lot dues payable to Lake Corporation for lake maintenance & operations.

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Want to See This Home or Others Like It?

The best homes often sell quickly, and having a plan makes all the difference. Start with our Buyer Guide to understand the process, then schedule a consultation so we can build your strategy and get you in position to buy.

View Buyer Guide Schedule a Consultation