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$2,500,000

  • Sold
  • Sold
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,388 Sq. Ft.
See This Home
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See This Home
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Set on 150 feet of prized Lake Oswego shoreline, this extraordinary modern masterpiece is more than a home, it's a statement of architectural intention and refined design. Originally conceived by renowned architect Greg Baldwin and reimagined by Risa Boyer Architecture and Hammer & Hand builders in a collaborative effort with the former Nike designer-owner, this sculptural residence blends postmodern pedigree with Northwest contemporary elegance. From the steel-and-glass breezeway to hand-crafted Douglas fir millwork and award-winning landscape design, every detail has been curated for beauty, function, and harmony with its serene lakefront setting. Serene main floor primary suite with spectacular sunroom overlooking the side garden. Incredible steel and glass boathouse and a dock with steps into the water ideal for entertaining and enjoying the recreational opportunities of the lake. A rare opportunity to own a legacy of design excellence, this is modern architecture at its most meaningful.

Full Property Details for 693 Terrace Dr

General

  • Sold For: $2,500,000
  • HOA FEE: $275/month
  • HOA FEE FREQ.: Annually
  • Taxes: $31,954 (2024)
  • Status: Sold
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 488757899
  • Added to Site: 218 day(s) ago

Interior

  • Interior Features: Garage Door Opener, Hardwood Floors, High Ceilings, Laundry, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Built-in Oven, Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Appliances, Island, Microwave, Pantry, Quartz, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 14 x 15, Upper, 210 Sq. Ft.
  • Bedroom 2: 14 x 21, Main, 294 Sq. Ft.
  • Bedroom 3: 16 x 13, Upper, 208 Sq. Ft.
  • Bedroom 4: 16 x 12, Upper, 192 Sq. Ft.

Other Rooms

  • Living Room: 18 x 32, Main, 576 Sq. Ft.
  • Kitchen: 28 x 27, Main, 756 Sq. Ft.
  • Dining Room: Main

Additional Information

  • Security/Safety: Security System Owned

Exterior

  • Exterior Features: Boat House, Built-in Barbecue, Deck, Dock, Garden, Patio, Porch, Workshop, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 5
  • Parking Features: Driveway

Location

  • County: Clackamas
  • Driving Directions: Southshore to Palisades Ter to Terrace Dr

School Information

  • Midd School District: Lakeridge
  • Elementary School: Hallinan
  • Middle School: Lakeridge
  • High School: Lakeridge

Community

  • Community Name: 147 - Lake Oswego, West Linn
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Radiant
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Contemporary, Custom Style
  • Basement Desc.: Crawl Space
  • Roof: Metal
  • Stories/Levels: 3
  • Square Feet: 3,388
  • Year Built: 1986
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.82
  • Lot Size (Sq. Ft.): 35,719
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Lot Features: Level, Private

Water Features

  • Water Front: Yes
  • Water Front Name: Oswego Lake
  • Water Front Desc.: Lake
  • Lake Front: Yes

Financial Considerations

  • Association Fee: $3,300
  • Assoc Fee Freq.: Annually
  • Other Assoc Fees: $7,500
  • Tax Amount: $31,954.34
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: 250757

Listed by LUXE Forbes Global Properties (503) 389-2112, Terry Sprague (503) 459-3987 and LUXE Forbes Global Properties (503) 389-2112, Christopher O'Neill (503) 975-0402
Sold by Harnish Company Realtors (503) 699-8483, Justin Harnish

Listing agents

— 693 Terrace Dr —

  • Terry Sprague

    LUXE Forbes Global Properties

    503-389-2112

  • Christopher O'Neill

    LUXE Forbes Global Properties

    503-389-2112

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 693 Terrace Dr

School District:Lake Oswego School District 7j
NameGradesDistance
Hallinan Elementary School
16800 Hawthorne Drive, Lake Oswego, OR 97034
K-51 mi
Lakeridge Middle School, Lake Oswego, OR
4700 Jean Road, Lake Oswego, OR 97035
6-82.3 mi
Lakeridge High School
1235 Overlook Drive, Lake Oswego, OR 97034
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 693 Terrace Dr

Date
Details
Price
Change
Source
8/22/2025
Sold
$2,500,000
-16.53%
MLS
6/14/2025
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by LUXE Forbes Global Properties (503) 389-2112, Terry Sprague (503) 459-3987 and LUXE Forbes Global Properties (503) 389-2112, Christopher O'Neill (503) 975-0402
Sold by Harnish Company Realtors (503) 699-8483, Justin Harnish

Just Listed near 693 Terrace Dr

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16870 SW Sunshine Coast St, Tigard, OR 97224 - Photo 1 Just Listed
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16870 SW Sunshine Coast St  Tigard, OR 97224

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Price Reduced near 693 Terrace Dr

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15944 SW Bluewater Ter, Tigard, OR 97224 - Photo 1 Price Reduced
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15944 SW Bluewater Ter  Tigard, OR 97224

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15974 SW Peace Ave, Tigard, OR 97224 - Photo 1 Price Reduced
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15974 SW Peace Ave  Tigard, OR 97224

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15999 SW Bluewater Ter, Tigard, OR 97224 - Photo 1 Price Reduced
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15999 SW Bluewater Ter  Tigard, OR 97224

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Listed By: KEVIN. RILEY | Vantage Point Brokers, Llc

Recent Sales near 693 Terrace Dr

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168 Pine Valley Rd, Lake Oswego, OR 97034 - Photo 1 Sold
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Sold by Keller Williams Sunset Corridor, Darcie VanderZanden

693 Terrace Dr, Lake Oswego, OR 97034 (MLS# 488757899) is a Single Family property that was sold at $2,500,000 on August 22, 2025. Want to learn more about 693 Terrace Dr? Do you have questions about finding other Single Family real estate for sale in Lake Oswego? You can browse all Lake Oswego real estate or contact a Coldwell Banker agent to request more information.