About This Home

This 4-bedroom, 5-bathroom single family at 843 TERRACE Dr in Lakeoswego, OR is listed for $5,250,000 ($889 per sqft). Built in 2026, the home offers 5,907 sqft of living space on a 0.41 acres lot.

Key Features

  • Built in 2026
  • 0.41 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
4 full, 2 half
2026

Amenities

WaterfrontViewA/C
Listing Description

Stillwater Vista by TimberRidge Development - A Private Lake Oswego Retreat Above the Water Commanding a premier vantage above Oswego Lake. Stillwater Vista is a rare expression of architectural elegance and effortless lakefront living. Selected for the 2026 Street of Dreams Home Builder Showcase, this residence showcases an exceptional level of design, craftsmanship, and innovation in one of Lake Oswego's most coveted settings.

A dramatic great room features 20-foot vaulted ceilings, statement lighting, and a sculptural fireplace, while walls of glass frame serene lake views and open to a vaulted, covered upper terrace with a striking stone fireplace, integrated heating, and outdoor entertaining spaces.

The kitchen is both a showpiece and a professional workspace, defined by exposed beam ceilings, a 12-foot island, side-by-side Sub-Zero refrigeration, and a 60-inch Wolf range, complemented by custom inset cabinetry and a fully equipped scullery. An indoor-outdoor bar enhances seamless entertaining.

The main-level primary suite offers 17-foot vaulted ceilings, tranquil water views, and a spa-inspired bath with heated floors, slab marble, a soaking tub, and a custom dressing room with island and integrated laundry. The lower level is designed for leisure, featuring a lounge with fireplace, glass-enclosed wine cellar, fitness studio with sauna, and access to a covered lakeside terrace with hot tub and media setup.

Residents enjoy access to Oswego Lake via a private neighborhood tram to a dedicated boat slip-an increasingly rare amenity completing this exceptional offering. Stillwater Vista is a showcase, a retreat, and a legacy property designed to be experienced.

Monthly Cost Estimate

$30,578/mo

20% down · 6.5% · 30 years

Principal$3,797
Interest$22,750
Insurance$1,531
HOA$2,500

Estimates only. Actual payments may vary.

Location

843 TERRACE Dr

Lakeoswego, OR 97034

PALISADES TERRACE

Features & Amenities

Interior Features

GarageDoorOpenerHighCeilingsLaundrySkylightSoakingTubVaultedCeiling

Exterior Features

BuiltinBarbecueCoveredDeckDeckFirePitOutdoorFireplaceYard

Property Details

Views

LakeTerritorial

Pool Features

Deck

Heating

Forced AirHeat Pump (Heating)

Cooling

ENERGY STAR Qualified Equipment

Appliances

BuiltinOvenBuiltinRefrigeratorButlersPantryDishwasherDisposalDoubleOvenFreeStandingRangeIslandPantryRangeHood

Questions & Answers

This 4-bedroom, 5-bathroom single family at 843 TERRACE Dr is listed at $5,250,000 ($889/sqft). The estimated monthly payment is $30,578 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2500/month.

Key features include: Built in 2026, 0.41 acre lot, 2 stories, Waterfront. Interior Features: GarageDoorOpener, HighCeilings, Laundry. Exterior Features: BuiltinBarbecue, CoveredDeck, Deck.

This property is listed by Steve Odermann and can be reached at 9712755657.

SO

Steve Odermann

Agent at LUXE Forbes Global Properties

(971) 275-5657

Listed by LUXE Forbes Global Properties

MLS# 338843522· Source: listhub· 4 days on market

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

843 TERRACE Dr, Lakeoswego, OR 97034

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