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Off market
    • $4,756,500

    1003 Terrace Dr, Lake Oswego, OR 97034

    5beds
    7,428sqft
    SingleFamily
    Built in 1996
    0.72 Acres Lot
    $4,756,500 Zestimate®
    $640/sqft
    $7,554 Estimated rent

    Home value

    $4,756,500

    $4.19M - $5.37M

    $7,554/mo

    Zestimate® history
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    $23,607/mo

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    $23,607/mo

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    What's special

    Includes house at 1003 PLUS sep tax lot @ 1025 Terrace Drive, both w/beautiful views of lake. Stunning, Lot also lstd seprtly-RMLS 21113269. NW Contemporary ~ meticulously maintained! Frml LR & DR. FR/gourmet ktchn w/2 dshwshers, Sub-Zero, island cooking & huge pantry. Primary ste w/view, jetted tub, his&her wlk-ins & gym rm. 2 offices w/view, dnce/yoga studio, wine cellar, workshop, sportcourt, patio...Garage prkng/6 cars. 2 deeded boat slips, dock & electric tram. See Highlights list attached.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor
    • Laundry: Inside
    Features
    • Garage Door Opener, Pantry, Central Vacuum, Sound System, High Ceilings, Closet, Bedroom 4, High Speed Internet, Built-in Features, Office, Formal, Suite, Walk in Closet, Sprinkler, Shower, Eating Area, Double Closet, Cook Island, Gourmet Kitchen, Closet Organizer, Butler's Pantry, Family Room/Kitchen Combo, Bedroom 5, Double Sinks, Smart Light(s)
    • Flooring: Carpet, Hardwood
    • Windows: Double Pane Windows, Bay Window(s)
    • Basement: Full, Daylight, Storage Space
    • Has fireplace: Yes
    • Fireplace features: Gas, Insert
    Interior area
    • Structure area source: Tax Recrd
    • Total interior livable area: 7,428 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Handicap Access, Garage on Main
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Shingle (Not Wood)
    • Spa features: Jetted Tub
    • Waterfront features: Lake
    • Body of water: Lake Oswego
    Lot
    • Size: 0.72 Acres
    • Features: Level, Private, Sloped, Views
    Details
    • Parcel number: 01503625

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman, Custom Style
    Materials
    • Roof: Other
    Condition
    • Resale
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Cable Connected, Wireless

    Community & neighborhood

    Security
    • Security features: Security System Owned
    Location
    • Region: Lake Oswego

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $208 monthly

    Other

    Other facts
    • ViewYN: true
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Carpet, Hardwood Floors, Wall to Wall Carpet
    • FoundationDetails: Concrete Perimeter
    • Heating: Forced Air
    • Roof: Other
    • RoadSurfaceType: Paved
    • WaterfrontFeatures: Lake
    • Appliances: Dishwasher, Disposal, Trash Compactor, Microwave, Cooktop, Oven, Down Draft, Built-In Refrigerator, Appliance Garage, Recirculating Water Heater
    • AssociationYN: true
    • FireplaceYN: true
    • GarageYN: true
    • AttachedGarageYN: true
    • InteriorFeatures: Garage Door Opener, Pantry, Central Vacuum, Sound System, High Ceilings, Closet, Bedroom 4, High Speed Internet, Built-in Features, Office, Formal, Suite, Walk in Closet, Sprinkler, Shower, Eating Area, Double Closet, Cook Island, Gourmet Kitchen, Closet Organizer, Butler's Pantry, Family Room/Kitchen Combo, Bedroom 5, Double Sinks, Smart Light(s)
    • SpaYN: true
    • HeatingYN: true
    • Utilities: Natural Gas Connected, Cable Connected, Wireless
    • PatioAndPorchFeatures: Deck, Patio
    • CoolingYN: true
    • Basement: Full, Daylight, Storage Space
    • FireplaceFeatures: Gas, Insert
    • ExteriorFeatures: Dock, Balcony, Sprinkler
    • FireplacesTotal: 3
    • WaterfrontYN: true
    • WindowFeatures: Double Pane Windows, Bay Window(s)
    • LotFeatures: Level, Private, Sloped, Views
    • ArchitecturalStyle: Craftsman, Custom Style
    • MainLevelBathrooms: 2
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Driveway, Attached, Off Street, Appliance Garage
    • ConstructionMaterials: Shingle Siding, Cedar
    • Cooling: Central Air
    • OpenParkingYN: true
    • WaterBodyName: Lake Oswego
    • LivingAreaSource: tax recrd
    • AccessibilityFeatures: Handicap Access, Garage on Main
    • RoomKitchenFeatures: Granite Counters, Kitchen Island, Pantry, Hardwood Floors, Gourmet Kitchen, Eating Area
    • RoomDiningRoomFeatures: Built-in Features, Granite Counters, Formal, Hardwood Floors, Butler's Pantry
    • RoomMasterBedroomFeatures: Walk-In Closet(s), Suite, Jetted Tub, Shower, Fireplace Insert, Double Sinks
    • RoomBedroom3Features: Walk-In Closet(s), Wall to Wall Carpet, Suite, Jetted Tub
    • RoomBedroom2Features: Walk-In Closet(s), Wall to Wall Carpet, Suite
    • RoomDiningRoomLevel: Main
    • RoomFamilyRoomLevel: Main
    • RoomKitchenLevel: Main
    • RoomLivingRoomLevel: Main
    • SecurityFeatures: Security System Owned
    • RoomBedroom2Level: Upper
    • RoomBedroom3Level: Upper
    • RoomBedroom4Level: Upper
    • RoomBedroom5Level: Main
    • LaundryFeatures: Inside
    • RoomMasterBedroomLevel: Upper
    • View: Trees/Woods
    • RoomLivingRoomFeatures: Bay Window, High Ceilings, Fireplace Insert, Formal
    • RoomFamilyRoomFeatures: High Ceilings, Wall to Wall Carpet, Family Room/Kitchen Combo, Fireplace Insert, Balcony, Built-in Features
    • RoomBedroom4Features: Suite, Wall to Wall Carpet, Double Closet
    • RoomBedroom5Features: Wall to Wall Carpet, Double Closet, Closet Organizer
    • SpaFeatures: Jetted Tub
    • PropertyCondition: Resale
    • MlsStatus: Active
    • RoomOfficeLevel: Main
    • RoomOfficeFeatures: Wall to Wall Carpet, Closet Organizer, Closet, Balcony
    • BuildingAreaSource: Tax Recrd
    • AssociationName: Terrace Homeowners' Association
    • AssociationPhone: 503-699-9042
    • TaxAnnualAmount: 33800.78
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/4/2021Sold$4,325,000+1.8%$582/sqft
    Source: RMLS (OR) #21043254 Report a problem
    3/11/2021Pending sale$4,250,000$572/sqft
    Source: RMLS (OR) #21043254 Report a problem
    2/25/2021Price change$4,250,000+21.4%$572/sqft
    Source: RMLS (OR) #21043254 Report a problem
    7/30/2020Listed for sale$3,500,000$471/sqft
    Source: RE/MAX Equity Group #20674122 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,987 +2.7%$2,191,135 +3%
    2024$40,867 +3%$2,127,316 +3%
    2023$39,667 +3.1%$2,065,356 +3%
    2022$38,490 +8.3%$2,005,200 +3%
    2021$35,546 +2.6%$1,946,797 +3%
    2020$34,653 +2.5%$1,890,095 +3%
    2019$33,801 +5.2%$1,835,044 +3%
    2018$32,142 $1,781,596 +3%
    2017$32,142 +13.9%$1,729,705 +3%
    2016$28,231 $1,679,325 +3%
    2015$28,231 +3.5%$1,630,413 +3%
    2014$27,274 +3.2%$1,582,925 +3%
    2013$26,433 +2.9%$1,536,820 +3%
    2012$25,687 +3.5%$1,492,058 +3%
    2011$24,808 +1.7%$1,448,600 +3%
    2010$24,389 +1%$1,406,408 +3%
    2009$24,136 +6.7%$1,365,445 +3%
    2008$22,621 +4.6%$1,325,675 +3%
    2007$21,622 +4.3%$1,287,063 +3%
    2006$20,724 +0.3%$1,249,576 +3%
    2005$20,663 +4.1%$1,213,181 +3%
    2004$19,857 +4.9%$1,177,846 +3%
    2003$18,936 -47.8%$1,143,540 +3%
    2002$36,276 +103.8%$1,110,233 +3%
    2001$17,801 +10.5%$1,077,896 +3%
    2000$16,112 $1,046,501

    Find assessor info on the county website

    Neighborhood: McVey-South Shore

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hallinan
    • Middle: Lakeridge
    • High: Lakeridge/Lake Oswego

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,756,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,756,500

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