Welcome to your private oasis in Lake Oswego, a breathtaking property that seamlessly combines modern sophistication with timeless Mediterranean charm. Situated in the desirable "Main Lake" neighborhood, this home underwent a complete remodel in 2018, ensuring every detail reflects exceptional quality and thoughtful design. The bright, open-concept living spaces invite you to enjoy the perfect blend of elegance and comfort, with seamless indoor-outdoor flow that maximizes the stunning waterfront views. Luxurious upgrades include a state-of-the-art electrical system, a durable 50-year metal roof, fully updated plumbing, and warm oak hardwood floors. A five car garage provides ample space for all of your vehicles and more. This home is crafted for both relaxation and entertaining, offering a harmonious and welcoming environment.Step outside to find a newly rebuilt, modern steel-and-glass boathouse that provides a functional and stylish space to store your boat, kayak, or paddle board. It also serves as a tranquil vantage point to soak in the lake's beauty. With 100 feet of private lakefront access, you can start your day with a peaceful boat ride, spend afternoons paddling on the water, or relax on your private dock as the sun sets. Beyond the lakefront, the property is just steps from the scenic Canal Trail, where you can explore lush landscapes, towering trees, and local wildlife. Whether you’re looking for an active adventure or a serene retreat, this home offers the best of both worlds: natural beauty paired with modern luxury. This Lake Oswego property isn’t just a home—it’s a lifestyle. Offering unmatched beauty, premium features, and a sense of tranquility, this is the perfect retreat to create lasting memories for years to come.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 15, 2013
Aug 15, 2013Home Sold
$1,750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$27,095
$1,477,868
2018
$25,131
$1,393,033
2017
$24,250
$1,352,459
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Hallinan Elementary School
16800 Hawthorne Dr
Distance between this listing and this school1.02 miles
Public District Grades KG-5
8
/10
Forest Hills Elementary School
1133 Andrews Rd
Distance between this listing and this school1.08 miles
Public District Grades KG-5
8
/10
Westridge Elementary School
3400 Royce Way
Distance between this listing and this school1.77 miles
Public District Grades KG-5
Nearby Schools
8
/10
Lake Oswego Junior High School
2500 Country Club Rd
Distance between this listing and this school1.27 miles
Public District Grades 6-8
8
/10
Lakeridge Middle School
4700 Jean Rd
Distance between this listing and this school2.31 miles
Public District Grades 6-8
8
/10
Riverdale Grade School
11733 S Breyman Ave
Distance between this listing and this school2.37 miles
Public District Grades KG-8
Nearby Schools
9
/10
Lakeridge High School
1235 Overlook Dr
Distance between this listing and this school1.06 miles
Public District Grades 9-12
10
/10
Lake Oswego High School
2501 Country Club Rd
Distance between this listing and this school1.45 miles
Public District Grades 9-12
4
/10
New Urban High School
1901 SE Oak Grove Blvd
Distance between this listing and this school1.98 miles
The neighbors living near this home have an average income of $120,694. Residents of Lake Oswego, OR typically earn between $100k-200k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 693 Terrace Dr
What is the listing price of this property?
The listing price of 693 Terrace Dr property is $3,850,000.
What type of property is this?
The property 693 Terrace Dr is a house located in Lake Oswego, Oregon, 97034.
Is this property for sale now?
Active Listing: 693 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $27,095 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 15, 2013 for $1,750,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 693 Terrace Dr has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 693 Terrace Dr is 3,297 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 693 Terrace Dr is 1986.
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This home is located at 693 Terrace Dr in Lake Oswego, OR and zip code 97034. This 3,297 square foot home, which was built in 1986, sits on a 0.82 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $3,850,000.
In November 2024, from all listings sold in Lake Oswego, OR there were more than 6 sold above asking price, over 30 sold below and more than 6 were sold right at the asked price. Between October 2024 and November 2024, Lake Oswego, OR real estate market has seen decrease in the number of listings by 11.2%. In November 2024 median list price was $918,000 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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