843 Terrace Dr, Lake Oswego, OR 97034

$5,000,000

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Property 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.

843 Terrace Dr | MLS# 561633719

This single family home located at 843 Terrace Dr, Lake Oswego, OR 97034 is currently listed for sale with an asking price of $5,000,000. This property was built in 2026 and has 4 bedrooms and 4 full and 2 partial baths with 5907 sq. ft. Terrace Dr is located in the PALISADES TERRACE subdivision. Search PALISADES TERRACE real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight, Finished, Full Basement
Cooling: EnergyStar Air Conditioning
Fireplaces: 3
Fuel Type: Gas
Garage: 3 car attached
Heating: ENERGY STAR Qualified Equipment, Forced Air90, Hea
Home Style: Custom Style, Traditional
Lot Size: 0.41 Acres
Roof Type: Composition, Metal
Stories: 2.0
Taxes: $12,980
Year Built: 2026
Square Feet: 5,907

Feature Descriptions

Accessibility: Garage on Main, Main Floor Bedroom w-Bath, Minimal Steps, Natural Lighting, Walk-in Shower
Bathroom: 3.1 (Lower), 1.1 (Main)
Days on Site: 32
Exterior: Stone, Wood Siding
Exterior: Built-in Barbecue, Covered Deck, Deck, Fire Pit, Outdoor Fireplace, Yard
Fireplace: Gas
HOA Fee: Fee 1 - $2500.00 (Annually), Fee 2 - $2985.00 (Annually)
Hot Water: Gas
Interior: Garage Door Opener, High Ceilings, Laundry, Skylight, Soaking Tub, Vaulted Ceiling(s)
Kitchen: Built-in Oven, Built-in Refrigerator, Butlers Pantry, Dishwasher, Disposal, Double Oven, Free-Standing Range, Island, Pantry, Range Hood
Lot: Bluff, Sloped, Trees
Parking Notes: Attached, Oversized, Driveway, OnStreet
Sewer: Public Sewer
Special View Info: Lake, Territorial, Trees/Woods
Square Footage: 2846 (Lower), 3061 (Main)
Water: Public Water
Waterfront: Lake

Local Schools

High School: Lakeridge
Middle School: Lakeridge
Elementary School: Hallinan

Listed By / Shown By

Listed By

Agency Name: LUXE Forbes Global Properties
Agency Phone: 503-389-2112

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 27,822.72 per month $25,282.72 Principal & Interest $1,081.67 Property Tax $1,458.33 Homeowner's Insurance

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