Set on 150 feet of prized Lake Oswego shoreline, this extraordinary modern masterpiece is more than a home, it’s a statement of architectural intention and refined design. Originally conceived by renowned architect Greg Baldwin and reimagined by Risa Boyer Architecture and Hammer & Hand builders in a collaborative effort with the former Nike designer-owner, this sculptural residence blends postmodern pedigree with Northwest contemporary elegance. From the steel-and-glass breezeway to hand-crafted Douglas fir millwork and award-winning landscape design, every detail has been curated for beauty, function, and harmony with its serene lakefront setting. Serene main floor primary suite with spectacular sunroom overlooking the side garden. Incredible steel and glass boathouse and a dock with steps into the water ideal for entertaining and enjoying the recreational opportunities of the lake. A rare opportunity to own a legacy of design excellence, this is modern architecture at its most meaningful.
Sold
$2,500,000
693 Terrace Dr, Lake Oswego, OR 97034
4beds
3,388sqft
Residential, Single Family Residence
Built in 1986
0.82 Acres Lot
$2,482,300 Zestimate®
$738/sqft
$6,183 Estimated rent
Home value
$2,482,300
$2.33M - $2.63M
$6,183/mo
Zestimate® history
Owner options
List your home for rent
$6,183/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$6,183/mo
Rent Zestimate®
Refinance and save
$15,598/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$15,598/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Terry Sprague 503-459-3987,
LUXE Forbes Global Properties,
Christopher O'Neill 503-975-0402,
LUXE Forbes Global Properties
Bought with:
Justin Harnish, 200112017
Harnish Company Realtors
Source: RMLS (OR),MLS#: 488757899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Balcony, Hardwood Floors, Ensuite
- Level: Upper
- Area: 210
- Dimensions: 14 x 15
Bedroom 2
- Features: Ensuite, Walkin Closet
- Level: Main
- Area: 294
- Dimensions: 14 x 21
Bedroom 3
- Level: Upper
- Area: 208
- Dimensions: 16 x 13
Bedroom 4
- Level: Upper
- Area: 192
- Dimensions: 16 x 12
Dining room
- Level: Main
Kitchen
- Features: Gourmet Kitchen, Island, Pantry, Skylight
- Level: Main
- Area: 756
- Width: 27
Living room
- Features: Fireplace, Great Room, Hardwood Floors, Patio, Sliding Doors, High Ceilings
- Level: Main
- Area: 576
- Dimensions: 18 x 32
Heating
- Forced Air, Radiant, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Appliances, Microwave, Stainless Steel Appliance(s), Gas Water Heater, Tankless Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Walk-In Closet(s), Gourmet Kitchen, Kitchen Island, Pantry, Great Room, Balcony, Quartz
- Flooring: Hardwood, Wood
- Doors: Sliding Doors
- Windows: Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,388
- Total interior livable area: 3,388 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage Door Opener, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 3
- Patio & porch: Deck, Patio, Porch
- Exterior features: Built-in Barbecue, Dock, Garden, Yard, Balcony
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Oswego Lake
Lot
- Size: 0.82 Acres
- Features: Level, Private, SqFt 20000 to Acres1
Details
- Additional structures: BoatHouse, Dock, Workshop
- Parcel number: 00250757
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Custom Style
- Property subtype: Residential, Single Family Residence
Materials
- Hard Concrete Stucco
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Lake Oswego
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $3,300 annually
- Second HOA fee: $7,500 one time
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $2,500,000-16.5%$738/sqft |
Source:  RMLS (OR) #488757899 Report a problem | ||
| 7/21/2025 | Pending sale | $2,995,000$884/sqft |
Source: RMLS (OR) #488757899 Report a problem | ||
| 6/15/2025 | Listed for sale | $2,995,000+71.1%$884/sqft |
Source: RMLS (OR) #488757899 Report a problem | ||
| 8/15/2013 | Sold | $1,750,000-7.8%$517/sqft |
Source: RMLS (OR) #13618863 Report a problem | ||
| 8/13/2013 | Listed for sale | $1,898,000$560/sqft |
Source: Harnish Properties Report a problem | ||
| 6/29/2013 | Listing removed | $1,898,000$560/sqft |
Source: Harnish Properties #13618863 Report a problem | ||
| 3/23/2013 | Listed for sale | $1,898,000-5%$560/sqft |
Source: Harnish Properties #13618863 Report a problem | ||
| 10/4/2012 | Listing removed | $1,998,000$590/sqft |
Source: realty trust group inc #12638106 Report a problem | ||
| 9/20/2012 | Listed for sale | $1,998,000$590/sqft |
Source: realty trust group inc #12638106 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $32,830 +2.7% | $1,713,253 +3% |
| 2024 | $31,954 +3% | $1,663,353 +3% |
| 2023 | $31,016 +3.1% | $1,614,906 +3% |
| 2022 | $30,095 +8.3% | $1,567,870 +3% |
| 2021 | $27,793 +2.6% | $1,522,204 +3% |
| 2020 | $27,095 +2.5% | $1,477,868 +3% |
| 2019 | $26,429 +5.2% | $1,434,824 +3% |
| 2018 | $25,132 | $1,393,033 +3% |
| 2017 | $25,132 +13.9% | $1,352,459 +3% |
| 2016 | $22,074 | $1,313,067 +4.2% |
| 2015 | $22,074 +4.7% | $1,260,113 +17% |
| 2014 | $21,080 +17.2% | $1,077,462 +3% |
| 2013 | $17,992 +2.9% | $1,046,080 +3% |
| 2012 | $17,485 +3.5% | $1,015,612 +3% |
| 2011 | $16,886 +1.7% | $986,031 +3% |
| 2010 | $16,601 +1% | $957,312 +3% |
| 2009 | $16,429 +17.2% | $929,429 +13.2% |
| 2008 | $14,015 +4.6% | $821,367 +3% |
| 2007 | $13,396 +4.3% | $797,444 +3% |
| 2006 | $12,840 +0.3% | $774,217 +3% |
| 2005 | $12,803 +4.1% | $751,667 +3% |
| 2004 | $12,303 +4.9% | $729,774 +3% |
| 2003 | $11,733 +4.4% | $708,518 +3% |
| 2002 | $11,238 +1.9% | $687,882 +3% |
| 2001 | $11,029 +10.5% | $667,847 +3% |
| 2000 | $9,983 | $648,395 |
Find assessor info on the county website
Neighborhood: McVey-South Shore
Nearby schools
GreatSchools rating
- 9/10Hallinan Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10Lakeridge Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Lakeridge High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Hallinan
- Middle: Lakeridge
- High: Lakeridge
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$2,482,300
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
$2,482,300
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- McVey-South Shore
- 693 Terrace Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lake Oswego Topics
