USAORLake OswegoPalisades Terrace843 Terrace Dr
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843 Terrace Dr, Lake Oswego, OR

House

For Sale

Listed price in listed location currency (USD).
$5,000,000

463

MLS® 561633719

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5907 sqft
Garage Yes
Taxes $12,980
Days Active 2
Lot Size 
Approx. Age 2026
Avg. Price Per Sqft $846
MLS® Number 561633719

Property Address: 843 Terrace Dr, Lake Oswego, OR, 97034-4655

Average square foot calculated using Size range provided by listing agent.

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. Estimated completion 7/20/2026.
MLS® Number561633719
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2026
BasementDaylight, Finished, Full Basement
DrivewayDriveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Family Room:Lower Level19 × 31 ft
Bedroom 3:Lower Level13 × 14 ft
Living Room:Not available
Bedroom 2:Lower Level13 × 14 ft
Other:Main Floor10 × 12 ft
Kitchen:Main Floor15 × 21 ft
Office:Main Floor11 × 14 ft
Great Room:Main Floor19 × 23 ft
Dining Room:Main Floor12 × 14 ft
Bedroom 1:Main Floor13 × 20 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2026List Date
$5,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
843 Terrace Dr, Lake Oswego, OR

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