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$5,000,000
1 Day On Site

843 TERRACE DR
Lake Oswego, OR 97034

For Sale|Single Family Residence|Active
4
Beds
6
Total Baths
4
Full Baths
2
Partial Baths
5,907
SqFt
$846
/SqFt
2026
Built
Subdivision:
PALISADES TERRACE
County:
Clackamas
Listing courtesy of Steve Odermann of LUXE Forbes Global Properties (971) 275-5657

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843 TERRACE DR843 TERRACE DR843 TERRACE DR843 TERRACE DR
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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. $2,500 HOA dues payable cover tram to the lake, dock, upper walkway to tram, repairs, maintenance, insurance, electricity & water for tram. Additional $3,045/year per lot dues payable to Lake Corporation for lake maintenance & operations.

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Listing Snapshot
Price 
$5,000,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
5,907 sqft
Total Baths 
6
Full Baths 
4
Partial Baths 
2
Lot Size 
0.41 Acres
Year Built 
2026
MLS® Number 
561633719
Status 
Active
Property Tax 
$12,979.66
HOA/Condo/Coop Fees 
$208.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
44 minutes agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.41
Attached Garage 
Yes
Disclosures 
Exempt
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
3
Land Lease 
No
Number Of Stories 
2
Parking 
Garage Door OpenerDrivewayOn StreetAttached
Parking Spaces 
3
Property Condition 
Under ConstructionNew Construction
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
5907
Style 
CustomStyleTraditional
Water Source 
Public
Interior Features
Appliances 
OvenGas Water HeaterBuilt-In RefrigeratorDishwasherDisposalDouble OvenFree-Standing RangeRange Hood
Basement 
FullDaylightFinished
Cooling 
ENERGY STAR Qualified Equipment
Fireplace 
Yes
Fireplace Features 
Gas
Fireplaces 
3
Heating 
ENERGY STAR Qualified EquipmentHeat PumpForced Air
Interior 
Kitchen IslandPantryVaulted Ceiling(s)High CeilingsSoaking Tub
Window Features 
Double Pane WindowsTriple Pane WindowsSkylight(s)
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Exterior Features
Construction Details 
Stone
Exterior 
Built-in BarbecueFire Pit
Lot Features 
BluffSlopedWoodedWaterfront
Patio And Porch 
Deck
Roof 
CompositionMetal
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake
Waterview 
Lake
Windows/Doors 
Double Pane WindowsTriple Pane WindowsSkylight(s)
Community Features
Association Amenities 
BoatingBoat Slip
Association Dues 
2500
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Annually
MLS Area 
_147
Roads 
Paved
Schools
School District
Unknown
Elementary School
Hallinan
Middle School
Lakeridge
High School
Lakeridge
Listing courtesy of Steve Odermann of LUXE Forbes Global Properties (971) 275-5657



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than LUXE Forbes Global Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-05-02 09:54 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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