5 days on Rocket
#146143925, Justin Harnish, Errol Bradley, Listing office: Harnish Company Realtors
$2,995,000 List price
693 Terrace Dr Lake Oswego, OR 97034
4 beds
3 full
3,388 sqft
0.8 acres
$884 / sqft
House
Property details
About 693 Terrace Dr
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Radiant
StatusActive
CoolingCentral Air
Size3,388 sqft
Lot size0.82 Acres
Year built1986
ParkingDriveway
MLS #488757899
Attached garage5 spaces
WaterfrontLake Front
FireplaceGas Fireplace
ViewLake, Trees/Woods
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Disposal, Microwave
- Basement: No
- Flooring Type: Hardwood, Wood
- Interior: High Ceilings, Laundry
- Fireplace: Gas Fireplace
- Total Bedroom Count: 4
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Driveway
- Waterfront: Lake Front
- View: Lake, Trees/Woods
- Exterior: Boat House, Builtin Barbecue, Deck, Boat Dock, Garden, Patio, Porch, Workshop, Yard
- Architectural Style: Contemporary, Custom Style
- Heating: Forced Air, Radiant
- Cooling: Central Air
- List Price: $2,995,000
- Price/SqFt: $884
- HOA Amount: $3300 Annually
- Annual Tax Amount: $31,015
- Tax Year: 2023
- Lot: Level, Private
- Directions: Southshore to Palisades Ter to Terrace Dr
- Year Built: 1986
- Stories: 3
- Living Area: 3,388 SqFt
- Lot Size: 0.82 Acres
- MLS Number: 488757899
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: LUXE Forbes Global Properties
- Office Phone: (503) 389-2112
- Listing Agent: Terry Sprague, Christopher O'Neill
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,995,000
693 Terrace Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 15, 2013 | Home Sold | $1,750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,614,906 | $31,015 |
| 2022 | $1,567,870 | $30,095 |
| 2021 | $1,522,204 | $27,793 |
| 2020 | $1,477,868 | $27,095 |
| 2018 | $1,393,033 | $25,131 |
| 2017 | $1,352,459 | $24,249 |
History based on county public records data.
Nearby schools
7
Hallinan Elementary School
Public District KG-5
1.0 mi
•16800 Hawthorne Dr
8
Forest Hills Elementary School
Public District KG-5
1.1 mi
•1133 Andrews Rd
8
Westridge Elementary School
Public District KG-5
1.8 mi
•3400 Royce Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $120,694. Typical income of Lake Oswego, OR residents is between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
5%
<35k
35%
35k-100k
38%
100k-200k
22%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
6%
Single, with Kids
39%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
9%
18-34 yrs old
50%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
PGA/LPGA
Where do the neighbors shop?
Nordstrom
Bloomingdales
Chico's
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Qdoba
What do the neighbors drive?
BMW
Lexus
Cadillac
What do the neighbors listen to?
Talk/Personality
News
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 693 Terrace Dr
The listing price of 693 Terrace Dr property is $2,995,000.
The property 693 Terrace Dr is a house located in Lake Oswego, Oregon, 97034.
Active Listing: 693 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 693 Terrace Dr are: Hallinan Elementary School (GreatSchools Rating 7/10), Forest Hills Elementary School (GreatSchools Rating 8/10), Westridge Elementary School (GreatSchools Rating 8/10), Lake Oswego Junior High School (GreatSchools Rating 8/10), Lakeridge Middle School (GreatSchools Rating 8/10), Riverdale Grade School (GreatSchools Rating 8/10), Lakeridge High School (GreatSchools Rating 9/10), Lake Oswego High School (GreatSchools Rating 10/10), New Urban High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $31,015 (source: MLS/based on county public records data).
The last sale was on August 15, 2013 for $1,750,000 (source: MLS/tax record).
The property at 693 Terrace Dr has 4 bedrooms and 4 bathrooms.
The property 693 Terrace Dr is 3,388 SqFt (source: MLS/tax record).
The year of construction for 693 Terrace Dr is 1986.
This home is located at 693 Terrace Dr in Lake Oswego, OR and zip code 97034. This 3,388 square foot home, which was built in 1986, sits on a 0.82 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 15, 2025 and is currently priced at $2,995,000.
In May 2025, from all listings sold in Lake Oswego, OR there were more than 6 sold above asking price, over 36 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Lake Oswego, OR increased by 21.4% between April and May 2025. In May 2025 median list price was $901,000 and the average listing age was 55 days.
From Rocket Homes Real Estate and based on county public records data.