Lake Oswego Homes with Terraced Lot description

Welcome to Lake Oswego, Oregon – a charming city that perfectly blends natural beauty with a vibrant community spirit. Nestled just south of Portland, Lake Oswego is renowned for its picturesque landscapes, serene lakes, and lush parks, making it an ideal place for families, retirees, and everyone in between. With a rich history dating back to the 1800s, this enchanting city boasts a unique blend of historic architecture and modern amenities, creating a truly inviting atmosphere.

One of the standout features of Lake Oswego is its stunning homes with terraced lots. These properties offer not only breathtaking views of the surrounding landscape but also a sense of privacy and tranquility. Imagine waking up every morning to the gentle sounds of nature, with beautifully landscaped gardens cascading down the slopes. Terraced lots provide homeowners with the opportunity to create multi-level outdoor spaces, perfect for entertaining guests or enjoying peaceful afternoons with family.

The real estate market in Lake Oswego is diverse, with options ranging from charming bungalows to luxurious waterfront estates. The community is known for its top-rated schools, vibrant arts scene, and abundant recreational opportunities, including hiking, boating, and biking. With its friendly atmosphere and strong sense of community, Lake Oswego is not just a place to live; it’s a place to thrive.

Whether you’re seeking a serene retreat or a vibrant community, Lake Oswego’s homes with terraced lots promise a lifestyle filled with beauty, comfort, and endless possibilities. Come discover the magic of Lake Oswego – your dream home awaits!

Newest Lake Oswego Homes with Terraced Lot description

$1,875,000

4 Beds ⋅ 3 Baths ⋅ 181016961 MLS

Open Sunday 1- 3 PM. Situated in Atherton Heights, this exceptional traditional home offers breathtaking 180-degree panoramic views of surrounding valleys, Mount Hood, and beyond. Widely regarded as one of Lake Oswego's premier view properties. Designed for both everyday living and entertaining, the expansive decks span multiple levels, creating the perfect setting for entertaining family & friends. Step through the front door and prepare to be amazed. A dramatic wall of windows immediately draws your eye to the incredible landscape, filling the living and dining rooms with natural light and unforgettable vistas. To the left, a private office with French doors, custom built-ins, and bookshelves. The main level features soaring ceilings, a welcoming living room with a gas fireplace, an elegant dining room, and a gourmet kitchen that flows into the family room. Every room is designed to capture the stunning views. The dining room and kitchen both open onto the expansive main-level deck, extending the living space outdoors. Upstairs, the spacious primary suite features a generous walk-in closet, a spa-inspired bathroom with a jetted soaking tub, dual shower plus a private deck. The lower level offers incredible flexibility with a spacious bonus living area complete with a kitchenette, refrigerator, dishwasher, microwave, island seating, and a gas fireplace. Sliding doors lead directly to the lower deck, pool, and beautifully landscaped backyard. This level also includes a guest suite and two additional bedrooms. Outside, the backyard is your own private oasis. The resurfaced pool (completed just three years ago) invites endless summer fun, while the surrounding outdoor spaces provide plenty of room to relax, entertain, and enjoy the incredible setting. Minutes from Lakeridge High School, Rassekh Skate Park, Luscher Farm, trails leading to Cook's Butte, and the new Lake Oswego Recreation & Aquatic Center & Municipal Golf Course. Downtown Lake Oswego is minutes away.

18500 RAY RIDGE DR, Lake Oswego

$5,250,000

4 Beds ⋅ 4 Baths ⋅ 338843522 MLS

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.

843 TERRACE DR, Lake Oswego

$1,385,000

4 Beds ⋅ 3 Baths ⋅ 597610339 MLS

Mid century gem with showstopping backyard in the heart of Evergreen! An exciting blend of lifestyles: walkable access to downtown + deeded lake access via Lakewood Bay Lake Easement in a setting that feels like a private botanical retreat. Just blocks from cafés, hot dining spots, and the Lake Oswego Farmers Market, this location places you in the heart of town while still surrounded by greenery and quiet residential streets. Walk inside to a bright and welcoming main level with refinished hardwood floors, skylights, and expansive windows framing lush garden views. The living room is anchored by a gas fireplace and looks out toward a peaceful courtyard fountain. The updated kitchen features granite counters, stainless steel appliances, a gas range, and a built-in microwave, flowing into the dining area with access to the front deck-a perfect spot for your morning cup of coffee. Main level primary suite includes a French door opening to a private garden-view deck, creating a true indoor-outdoor escape. Two additional rooms on the main level (one with ensuite) offer flexibility for guests, office space, or hobbies. Downstairs, the daylight lower level has a spacious family room with a second gas fireplace, a fourth bedroom, full bath, and access to a covered outdoor living area complete with heating lamps and ceiling fan—ideal for year-round enjoyment. Ample storage, gym or workshop space, and a cedar sauna round out the interior lower level. The backyard garden is a showpiece in a rare natural green space. Terraced garden beds, mature landscaping, a year-round natural spring and creek, water features, a sparkling hot tub, and a stunning Belgian greenhouse with power, lighting, and water—perfect for an extended growing season with ideal east-west sun exposure. Get into this gem at a price to be proud of in one of Lake Oswego’s most sought-after and walkable neighborhoods!

762 LAKE FOREST DR, Lake Oswego

$6,999,999

4 Beds ⋅ 4 Baths ⋅ 679262535 MLS

Exceptional south-facing lakefront residence offering 4 bedrooms, 6 bathrooms, panoramic water views, and seamless indoor-outdoor living. Situated on an unusually wide lakefront lot, the property enjoys remarkable privacy with generous separation from neighboring homes and expansive views across the water.Thoughtfully designed with interiors curated by renowned New York designer Penny Drue Baird, the home features bespoke wall coverings, custom millwork, vintage lighting fixtures, and sophisticated finishes throughout.The chef's kitchen is appointed with quartzite countertops, dual Miele dishwashers, a professional-grade BlueStar gas range, Sub-Zero refrigerator and wine refrigerator, spacious pantry, and hardwood floors. Living and dining areas open to a covered outdoor room with a gas fireplace and Hestan outdoor barbecue kitchen with commercial-grade exhaust.The lake-view primary suite features a spa-inspired bath with heated floors, soaking tub, walk-in shower, dual vanities, and custom closet. An elevator services all levels.Designed for entertaining, the lake level features a dramatic glass-enclosed climate-controlled wine cellar and spacious family room opening directly to lakeside terraces just steps from the water.Outdoor amenities include multiple entertaining terraces, a large spa, and a boathouse with boat lift, outdoor shower, half bath, and storage. Combining sophisticated design, exceptional craftsmanship, and a rare connection to the water. 3072 Lakeview Boulevard has an unassuming street presence & offers an extraordinary lakefront lifestyle. A must see!

3072 LAKEVIEW BLVD, Lake Oswego

$2,195,000

4 Beds ⋅ 5 Baths ⋅ 781431021 MLS

Set on a private, beautifully landscaped 0.57-acre parcel in Lake Oswego’s coveted Uplands neighborhood, this exceptional mid-century modern estate offers something increasingly rare: room to create the lifestyle you envision. The expansive grounds provide extraordinary flexibility for outdoor living, entertaining and recreation—whether that means adding a swimming pool, creating a private pickleball court, expanding the gardens or simply enjoying the beauty and privacy of a park-like setting. Conceptual images illustrate the possibilities. Membership in the desirable Uplands easement offers access to boating and swimming, completing the quintessential Lake Oswego lifestyle. Inside, more than 2,500 square feet of main-level living is filled with natural light and architectural character, including vaulted beamed ceilings, walls of glass, hardwood floors and seamless connections to the outdoors. The thoughtfully updated kitchen features JennAir stainless steel appliances, quartz countertops and heated tile floors, opening to an expansive great room anchored by a dramatic fireplace. Four main-level bedrooms plus a dedicated office provide excellent flexibility, while the spacious primary suite offers a walk-in closet, dual vanities, soaking tub and custom built-ins.The lower-level entertaining space includes a family room with fireplace, wet bar and wine cellar, opening to a secluded patio. Multiple outdoor gathering areas, an outdoor fireplace, covered kitchen and mature landscaping create an exceptional setting for year-round enjoyment. A detached recreation building with a full bath offers additional possibilities for a studio, guest retreat, pool house or potential future ADU conversion. With iconic design, exceptional privacy and over half an acre to personalize, this is a rare opportunity to create a one-of-a-kind retreat in one of Lake Oswego’s most sought-after neighborhoods.

14635 UPLANDS DR, Lake Oswego

$189,000

1 Beds ⋅ 1 Baths ⋅ 245824062 MLS

A peaceful escape in the heart of Lake Oswego. This light-filled 1-bedroom, 1-bath condo at Ridgecrest features an open layout, large windows framing tree-lined views, a private deck made for morning coffee, and a wood-burning fireplace for cozy evenings in. Plus, you get a refrigerator, washer, and dryer all included. Ownership includes access to the on-site pool plus the full Mountain Park Community — clubhouse, fitness center, leisure and lap pools, hot tub, saunas, tennis courts, event venue, and scenic walking trails. Downtown Lake Oswego's restaurants, boutiques, and parks are just minutes away. Whether you're downsizing, starting fresh, or simply ready for a quieter pace, 44 Eagle Crest Dr is a wonderful place to begin your next chapter. Ready to see it in person? Contact us for a tour today!

44 EAGLE CREST DR Unit #10, Lake Oswego

$4,800,000

5 Beds ⋅ 5 Baths ⋅ 454582896 MLS

Built in 2024, this custom luxury estate in Lake Oswego's coveted Uplands neighborhood, just minutes from the Country Club, was designed to be lived in fully. Inside, the main level foyer gives way to a great room that joins seamlessly with the outdoors, then on to the dining room and a kitchen fitted with Monogram appliances and the kind of counter space that invites cooking together. Just down the hall, the generous primary suite is quiet and uncompromising in its attention to detail, from amenities to finishes. On the main floor you'll also find a full guest bath, home theater, den/office, and laundry on both levels, all featuring custom millwork, whole-home Sonos audio, and bespoke closet installations that speak to the care taken at every decision point.The second floor is home to the additional bedrooms and bathrooms, a gym, study, and oversized custom closets, the latter two already fitted for easy conversion into additional bedroom and bathroom space, offering flexibility for however your family chooses to live.Outside, beautifully landscaped grounds lead to a terraced backyard where a heated pool glows from below in the evenings, color-controlled from anywhere. The pool house, finished in 2025 and never previously used, anchors one end of a compound that includes an outdoor dining terrace with overhead heaters for comfortable year-round alfresco dining, a stone fireplace, and a built-in BBQ with an Evo grill. An infrared sauna with red light therapy panels sits adjacent, available on any given evening for whatever recovery or ritual the day calls for. App-controlled gates and a full perimeter security system with live camera monitoring and Generac generator complete the picture of a home that takes care of its people.This home can be offered turnkey and fully furnished, ready to receive its next family without a single thing left to do.

14760 UPLANDS DR, Lake Oswego

$699,000

4 Beds ⋅ 3 Baths ⋅ 279598946 MLS

Backing to lush greenspace on a quiet dead-end street in Lake Oswego's coveted Mountain Park neighborhood, this beautifully updated townhouse offers the perfect blend of privacy, flexibility, and low-maintenance living. Multiple outdoor living spaces, including patios and decks, create a seamless connection to nature while providing plenty of room to relax, entertain, and enjoy the peaceful surroundings. Inside, the highly functional floorplan accommodates a variety of lifestyles with 4 bedrooms, 3.5 bathrooms, and multiple gathering spaces. The updated kitchen opens to the dining and living rooms, creating an easy flow for everyday living and entertaining. A dramatic vaulted living room with exposed beams, tongue-and-groove ceilings, and a brick fireplace adds warmth, character, and architectural interest. The thoughtfully updated kitchen and bathrooms, dedicated laundry room, and attached two-car garage add convenience, while the versatile layout offers space for guests, home offices, multi-generational living, or growing households. This is truly a lock-and-leave opportunity in a small community of townhomes with immediate access to everything Mountain Park has to offer. Residents enjoy access to miles of walking trails, the Mt. Park Recreation Center, and highly rated Lake Oswego schools, all while being conveniently located near downtown Portland and with easy access to both I-5 and I-205. A rare combination of tranquility, flexibility, and convenience in one of Lake Oswego's most sought-after communities.

115 TOUCHSTONE TER, Lake Oswego

$2,595,000

4 Beds ⋅ 4 Baths ⋅ 734117917 MLS

Exceptional updated low maintenance contemporary Oswego Lakefront residence offering sweeping canal and main lake views and effortless access to vibrant lake life. A private off-street entrance creates a gracious sense of arrival, while the interior—remodeled in 2020—showcases thoughtful updates throughout. The main level features a spacious great room anchored by a gas fireplace and access to an expansive entertaining lake-view deck, and a fully updated chef’s kitchen with quartz countertops, oversized waterfall island with seating, heated tile flooring, induction cooktop, prep sink, and custom built-ins. A cozy dining space connects the kitchen and living areas, along with a versatile main-level bedroom or office with full bathroom. Upstairs, the primary suite is a true retreat with dual walk-in closets, spa-inspired bath, gas fireplace, and private balcony with panoramic lake views. Two additional bedrooms and 1 full bathroom complete the upper level. The lower level includes a dedicated fitness space with rubber flooring and a family room with wet bar and exterior entry with a nearby full bath. Abundant storage is found throughout, including attic, walk-in crawlspace, mechanical room, and multiple closets. Outdoor living shines with easy-care landscaping, turf lawn, and fully fenced grounds. An expansive lake-level deck and dock provide ideal entertaining space and easy water access, complemented by a secure boathouse with electronic door and lift. Additional features include a deep two-car garage with extra parking pad, gas BBQ hookup and plumbing for hot tub. Ideally located with easy access to vibrant Lake Oswego amenities including quick boat ride to the main lake—plus a short distance to downtown Lake Oswego dining and amenities, Lake Grove restaurants, shops, Bridgeport Village and freeways. The ultimate lake life awaits with premier seasonal lake events, including Fourth of July fireworks and Hot August Night concert.

3712 SOUTHSHORE BLVD, Lake Oswego

$869,000

4 Beds ⋅ 2 Baths ⋅ 782254290 MLS

The first time on the market! Nestled on a rare, expansive lot in one of Lake Oswego’s most sought-after generational enclaves near Tryon Creek Park, this custom home delivers the privacy, space, and lifestyle buyers crave but rarely find. Large parcels like this are increasingly scarce in the area, making it an exceptional opportunity for families seeking room for kids to play, a future pool, or simply unmatched outdoor living. Thoughtfully designed with passive solar principles and flooded with natural light, the home feels warm, inviting, and deeply connected to its surroundings year-round. Expansive windows, soaring ceilings, generous sightlines, and light-filled spaces create an airy, welcoming atmosphere. The intelligently designed lower level features heated flooring for added comfort and efficiency, perfectly complementing the home’s custom character and timeless appeal. Located on Clara Lane, this address offers the ideal balance of seclusion and convenience, plus just moments from Lake Oswego’s vibrant restaurant scene, Kruse Way, downtown Lake Oswego, and Portland. Enjoy option to access to LO schools, while embracing nature, community, and everyday amenities in one outstanding location.

12395 SW CLARA LN, Lake Oswego

$1,775,000

4 Beds ⋅ 3 Baths ⋅ 495973735 MLS

Nestled on an oversized corner lot backing to a serene greenspace, this residence is the rare home that truly surpasses new construction. From the moment you arrive, the tranquil courtyard reverberates the gentle sounds of the cascading water feature. Upon entering the home it becomes obvious that this home has not only been extremely updated but also well maintained.The light-filled living room features soaring ceilings, gas fireplace, & wet bar, flowing seamlessly into a gourmet kitchen appointed w/new appliances, gas range, butler's pantry, & sprawling island. From the kitchen, the expansive deck overlooking a wooded greenspace w/seasonal creek is easily connected to the main living area via multiple entryway options. A formal dining room offers ample space for gatherings, large & small, while the oversized family room has soaring ceilings, wall of windows, 2nd gas fireplace, and custom built-ins. This floor plan offers effortless indoor-outdoor living. A main-level office w/built-ins offers contemplative views and sounds of the courtyard water feature. A dual staircase ensures the whole home flows with ease.Upstairs, the primary suite is a true retreat, overlooking the peaceful greenspace and featuring a spa-caliber bathroom w/heated floors, soaking tub, walk-in shower w/multiple heads, and custom built-in walk-in closet. A private updated junior suite plus two additional bedrooms, that share an updated pass-thru bath, provide ample room for family and guests. Upstairs laundry w/sink adds a welcome touch of practicality.Outside, the property has been transformed into a private sanctuary. New 1300 sqft Trex deck features a covered hot tub & firepit ready for year-round entertaining. The thoughtful hardscaping/landscaping is complete w/lighting & sprinkler system. The fenced backyard dog run, turf-side-yard, and storage shed have every practical need covered.This is not just a home — it is a lifestyle, thoughtfully curated and ready for its next chapter.

16633 WOODSMAN CT, Lake Oswego

$2,100,000

6 Beds ⋅ 4 Baths ⋅ 181972080 MLS

Set back on a beautifully landscaped lot with a newer garden design and circular driveway, this impressive traditional residence offers timeless style and modern comfort. Nestled on 1.03 acres, the home features an attached 3-car garage and a serene, park-like backyard with a sparkling pool—perfect for entertaining or quiet relaxation. The expansive grounds provide ample room for play or potential development of an ADU or separate guest house; potentially two more buildings, buyer to do due diligence. Inside, a dramatic foyer with soaring ceilings opens to a second-floor wraparound balcony, creating an immediate sense of grandeur. The classic layout includes a formal living room, elegant dining room, and a cozy reading nook—all seamlessly flowing into the heart of the home. The oversized entertainer’s kitchen is a showstopper, complete with high-end appliances, casual dining space, and a spacious family room that opens to a covered patio. From here, enjoy panoramic views of the lush garden, pool, and surrounding property. The generous owner's suite is a private retreat featuring a fireplace, a sun-filled dressing room, and a spa-inspired bathroom with a walk-in shower and soaking tub. Upstairs, you'll find two additional bedrooms, a full bath, and a highly desirable home office with abundant natural light. One of the bedrooms is ideally located on the main floor, perfect for guests, in laws, or aging in place. The unfinished lower level offers endless possibilities—whether you envision a game room, home theater, wine cellar, or ample storage space. Located just minutes from Lake Oswego’s renowned dining, shopping, top-rated schools, and Oswego Lake Country Club, this property is a rare opportunity to own a slice of classic luxury with room to grow.

1505 COUNTRY CLUB RD, Lake Oswego

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