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Off market
  • $4,854,000

    1901 Palisades Terrace Dr, Lake Oswego, OR 97034

    5beds
    4baths
    7,284sqft
    SingleFamily
    Built in 2004
    1.03 Acres Lot
    $4,854,000 Zestimate®
    $666/sqft
    $6,626 Estimated rent

    Home value

    $4,854,000

    $4.27M - $5.49M

    $6,626/mo

    Zestimate® history
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    $6,626/mo

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    $6,626/mo

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    $24,085/mo

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    $24,085/mo

    Est. payment

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    What's special

    CONTACT CHRIS LARSSON WITH LARSSON REALTY (THE LISTING AGENT) AT 503-989-6123 FOR ADDITIONAL INFORMATION OR TO SET-UP A TIME TO VIEW. PRICE REDUCED!!! This amazing home is located in one of the most exclusive enclaves in the Pacific Northwest. Lake Oswego offers up unsurpassed beauty with a friendly warm community atmosphere. This architectural masterpiece is no different. If you’re after waterfront Privacy, amazing mountain and lake views this home has both! Located on just over 1 acre of main lake frontage privacy and lifestyle is what this home is exudes. This Lake Oswego home was constructed out of only the highest-quality materials. You’re enveloped in rich Brazilian woods, steel, glass, copper, stone and granite everywhere you turn. From the artisan crafted steel and glass staircase to the floor to ceiling glass and gorgeous lake and mountain vistas out of every window. The home also includes a separate guest quarters, and detached guest cottage. The outdoor entertaining area with fireplace will meet all your entertaining needs. The home also included a state of the art elevator that services all 4 levels. The chefs kitchen and wet-bar make for amazing space. The entire lower floor is dedicated to a “spa-like” master suite with its own elevator stop. As you pass through the Balinese doors you are enveloped in a truly amazing space. The office, closet, laundry, master bedroom, private master deck and master bath occupy this entire level. With it’s own private walkway and boathouse you’ll have instant access to all the fun summertime water sports this private lake has to offer. Wake boarding, boating, water skiing, and paddle boarding, and swimming are just a few fun lake activities. Enjoy a 15-minute boat ride across Lake Oswego to the Village docs and partake in the Farmer’s markets, fantastic restaurants, shopping and gourmet coffee shops. This one-of-a-kind masterpiece is a work of architectural beauty, style and grace.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4.5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,284 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Shingle
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.03 Acres
    Details
    • Parcel number: 00261415

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 2004

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $207 monthly
    Location
    • Region: Lake Oswego

    Financial & listing details

    • Price per square foot: $666/sqft
    • Tax assessed value: $5,328,906
    • Annual tax amount: $51,083

    Price history

    DateEventPrice
    3/31/2016Sold$3,400,000+21.4%$467/sqft
    Source: RMLS (OR) #15503144 Report a problem
    6/11/2012Sold$2,800,000-12.4%$384/sqft
    Source: RMLS (OR) #12253896 Report a problem
    2/29/2012Price change$3,195,000-0.2%$439/sqft
    Source: North Star Property Management #0000000 Report a problem
    2/26/2012Listing removed$8,950$1/sqft
    Source: North Star Property Management Report a problem
    2/26/2012Listed for sale$3,200,000-19.9%$439/sqft
    Source: North Star Property Management #0000000 Report a problem
    2/18/2012Price change$8,950-8.2%$1/sqft
    Source: North Star Property Management Report a problem
    2/11/2012Listed for rent$9,750$1/sqft
    Source: North Star Property Management Report a problem
    1/25/2012Listing removed$3,995,000$548/sqft
    Source: Cascade Sotheby's International Realty #00001901 Report a problem
    10/8/2011Listed for sale$3,995,000-30.5%$548/sqft
    Source: Cascade Sotheby's International Realty #00001901 Report a problem
    2/4/2011Listing removed$5,750,000$789/sqft
    Source: Realty Trust Group, Inc. #9032593 Report a problem
    8/9/2010Price change$5,750,000-3.4%$789/sqft
    Source: Realty Trust Group, Inc. #9032593 Report a problem
    12/11/2008Listed for sale$5,950,000+507.1%$817/sqft
    Source: Realty Trust Group, Inc. #9032593 Report a problem
    7/23/2001Sold$980,000$135/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$51,083 +2.7%$2,665,831 +3%
    2024$49,721 +3%$2,588,186 +3%
    2023$48,261 +3.6%$2,512,802 +3.5%
    2022$46,581 +10.7%$2,426,706 +5.3%
    2021$42,075 +3.2%$2,304,373 +3.6%
    2020$40,788 +3.3%$2,224,716 +3.8%
    2019$39,479 +5.2%$2,143,332 +3%
    2018$37,542 $2,080,905 +3%
    2017$37,542 +13.9%$2,020,296 +3%
    2016$32,974 $1,961,452 +3%
    2015$32,974 +3.5%$1,904,322 +3%
    2014$31,856 +3.2%$1,848,856 +3%
    2013$30,874 +2.9%$1,795,006 +3%
    2012$30,003 +3.5%$1,742,724 +3%
    2011$28,976 +1.7%$1,691,965 +3%
    2010$28,486 +1%$1,642,684 +3%
    2009$28,191 +6.7%$1,594,839 +3%
    2008$26,421 +4.6%$1,548,387 +3%
    2007$25,254 +4.3%$1,503,288 +3%
    2006$24,205 +7.9%$1,459,503 +10.8%
    2005$22,443 +4.1%$1,317,661 +3%
    2004$21,567 +28.2%$1,279,283 +25.9%
    2003$16,826 +58.7%$1,016,130 +56.6%
    2002$10,603 +1.9%$649,003 +3%
    2001$10,406 +10.5%$630,100 +3%
    2000$9,419 $611,748
    Find assessor info on the county website

    Neighborhood: McVey-South Shore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Waluga
    • High: Lakeridge
    • District: 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
    $4,854,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,854,000