# 843 TERRACE Dr, Lakeoswego, OR 97034

> **TL;DR:** 4bd/5ba single family, $5,000,000 ($846/sqft), built 2026, 5,907 sqft.
> Waterfront, View, A/C. Est. $24,167/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,000,000 |
| Price/sqft | $846 |
| Bedrooms | 4 |
| Bathrooms | 4 full, 2 half |
| Square Feet | 5,907 |
| Year Built | 2026 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 31 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Territorial, Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $21,667 |
| HOA | $2,500 |
| **Total** | **$24,167** |

## Nearby Schools

- **Elementary:** Hallinan
- **Middle:** Lakeridge
- **High:** Lakeridge

## Key Amenities

- Waterfront
- View
- A/C

## Property Highlights

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

## Description

### Agent 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. Estimated completion 7/20/2026.

## Location

- **Address:** 843 TERRACE Dr, Lakeoswego, OR 97034
- **County:** Clackamas
- **Neighborhood:** PALISADES TERRACE
- **Coordinates:** 45.410724, -122.686061
- **Google Maps:** https://www.google.com/maps?q=45.410724,-122.686061

## Listing Agent

- **Name:** Steve Odermann
- **Brokerage:** LUXE Forbes Global Properties
- **Phone:** 9712755657
- **Email:** odermannbrothers@luxeoregon.com

## Primary Photo

![843 TERRACE Dr - Primary Photo](http://lh.rdcpix.com/b77e69e94676f03665f026a19f174556l-f1300727935r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/843-terrace-dr-lakeoswego-or-97034-61633719)*

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**MLS#:** 561633719 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/843-terrace-dr-lakeoswego-or-97034-61633719)

---

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