701 TERRACE DR, Lake Oswego, OR 97034

$2,495,000
4
BD
4
BA
3,852
SqFt

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Listing courtesy of Harnish Company Realtors.

List Price
$2,495,000
Price Change
▼ $200,000 1785283427
Status
ACTIVE
MLS#
663841569
Bedrooms
4
Full-baths
4
Sq. Ft
3,852
Acres
0.42
Lot Size
18,295
Year Built
1969
subdivision
Mcvey Southshore
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.

Additional Information

Style
Traditional
Stories
2
Exterior
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
Exterior Features
Boat House, Covered Patio, Deck, Dock, Fenced, Garden, Gas Hookup, Outbuilding, Sprinkler, Storm Door(s), Yard
View
Lake
Garage
Yes
Water
Public Water
Elementary School
Hallinan
Middle School
Lakeridge
High School
Lakeridge

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