Oswego Lake 1961 estate with boat house, ready for you to create your waterfront dream home. Nestled in the coveted Terrace Drive neighborhood, this property is an incredible opportunity to own a main lake property. The property features sweeping 180 degree views, wonderful privacy on over half an acre. This mid-century modern home features walls of windows, main level living & direct lake access, ready for you to add your own personal touches or begin anew!
Sold
$2,150,000
745 Terrace Dr, Lake Oswego, OR 97034
3beds
2,708sqft
Residential, Single Family Residence
Built in 1961
0.6 Acres Lot
$2,517,600 Zestimate®
$794/sqft
$5,150 Estimated rent
Home value
$2,517,600
$2.29M - $2.79M
$5,150/mo
Zestimate® history
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$18,077/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Karen McLaughlin karenmclaughlin@windermere.com,
Windermere Realty Trust
Bought with:
Lynda O'Neill, 200407243
John L. Scott
Source: RMLS (OR),MLS#: 24520448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Bonus Room, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Builtin Features, Double Sinks, Ensuite, Vaulted Ceiling, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
Bedroom 3
- Features: Builtin Features
- Level: Main
Dining room
- Features: High Ceilings
- Level: Main
Kitchen
- Features: Deck, Hardwood Floors, Microwave, Builtin Oven, Free Standing Refrigerator, Solid Surface Countertop
- Level: Main
Living room
- Features: Builtin Features, Deck, Fireplace, Hardwood Floors, Vaulted Ceiling
- Level: Main
Heating
- Heat Pump, Fireplace(s)
Cooling
- Central Air, Heat Pump
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Electric Water Heater, Tank Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Soaking Tub, Vaulted Ceiling(s), Sink, Closet, Built-in Features, Double Vanity, Walk-In Closet(s), Walkin Shower
- Flooring: Hardwood, Wall to Wall Carpet
- Windows: Double Pane Windows
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,708
- Total interior livable area: 2,708 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Builtin Lighting, Garage On Main, Ground Level, Main Floor Bedroom Bath, Natural Lighting, One Level, Utility Room On Main, Walkin Shower, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Dock, Garden, Yard
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Oswego Lake
Lot
- Size: 0.6 Acres
- Dimensions: 26,136 sf
- Features: Level, Private, Sprinkler, SqFt 20000 to Acres1
Details
- Additional structures: BoatHouse, Dock
- Parcel number: 00250588
- Zoning: R15
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid Century Modern
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Boat Slip
- HOA fee: $7,500 one time
- Second HOA fee: $3,160 annually
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $794/sqft
- Tax assessed value: $2,976,390
- Annual tax amount: $23,476
- Date on market: 6/14/2024
- Cumulative days on market: 30 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2024 | Sold | $2,150,000-28.3%$794/sqft |
Source:  RMLS (OR) #24520448 Report a problem | ||
| 7/14/2024 | Pending sale | $3,000,000$1,108/sqft |
Source: RMLS (OR) #24520448 Report a problem | ||
| 7/12/2024 | Listed for sale | $3,000,000+215.8%$1,108/sqft |
Source: RMLS (OR) #24520448 Report a problem | ||
| 3/7/2001 | Sold | $950,000$351/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,850 +2.7% | $1,296,822 +3% |
| 2024 | $24,187 +3% | $1,259,051 +3% |
| 2023 | $23,477 +3.1% | $1,222,380 +3% |
| 2022 | $22,780 +8.3% | $1,186,777 +3% |
| 2021 | $21,038 +2.6% | $1,152,211 +3% |
| 2020 | $20,509 +2.5% | $1,118,652 +3% |
| 2019 | $20,005 +5.2% | $1,086,070 +3% |
| 2018 | $19,023 | $1,054,437 +3% |
| 2017 | $19,023 +13.9% | $1,023,725 +3% |
| 2016 | $16,708 | $993,908 +3% |
| 2015 | $16,708 +3.5% | $964,959 +3% |
| 2014 | $16,142 +3.2% | $936,853 +3% |
| 2013 | $15,644 +2.9% | $909,566 +3% |
| 2012 | $15,203 +3.5% | $883,074 +3% |
| 2011 | $14,683 +1.7% | $857,353 +3% |
| 2010 | $14,434 +1% | $832,382 +3% |
| 2009 | $14,285 +6.7% | $808,138 +3% |
| 2008 | $13,388 +4.6% | $784,600 +3% |
| 2007 | $12,797 +4.3% | $761,748 +3% |
| 2006 | $12,265 +0.3% | $739,561 +3% |
| 2005 | $12,230 +9.4% | $718,020 +8.3% |
| 2004 | $11,178 +4.9% | $663,013 +3% |
| 2003 | $10,659 +4.4% | $643,702 +3% |
| 2002 | $10,210 +1.9% | $624,953 +3% |
| 2001 | $10,020 +10.5% | $606,750 +3% |
| 2000 | $9,070 | $589,078 |
Find assessor info on the county website
Neighborhood: McVey-South Shore
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Hallinan Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Lakeridge Middle SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Lakeridge High SchoolGrades: 9-12Distance: 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.
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Estimated market value
$2,517,600
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
$2,517,600
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- McVey-South Shore
- 745 Terrace Dr
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