1160 OAK TER
Lake Oswego, OR, 97034 $ 2,399,900
Bedrooms5 Baths3.1 Sq 3,269 Monthly Estimate*
$ 15,153
for $2,399,900 with 5 bedrooms and 3 full baths, 1 half bath. This 3,269 square foot home was built in 2026 on a lot size of 0.2.
Lake Terrace presents a rare opportunity nestled on a quiet, tree-lined street in Lake Oswego's coveted South Shore neighborhood with South Shore Glen lake easement! A striking expression of modern Northwest architecture pairs bold contemporary design with warm natural materials across nearly 3,300 square feet of thoughtfully curated living space. At the heart of the home, an expansive great room anchored by a statement gas fireplace flows effortlessly between the living, dining, and kitchen spaces, creating an ideal setting for both intimate evenings and effortless entertaining. The gourmet kitchen is centered around an oversized island with a gas range, designer statement hood, custom cabinetry, and a walk-in pantry, seamlessly extending to the covered outdoor living area for exceptional indoor-outdoor living. Every space has been intentionally designed to balance architectural beauty with everyday comfort. A versatile five bedroom layout and rare three car garage further distinguish the home, including two main level rooms with shared access to a full bath, one thoughtfully designed as a dedicated office or fifth bedroom, offering exceptional flexibility for guests, multigenerational living, or remote work. Upstairs, the primary suite is a private retreat filled with natural light and a spa inspired ensuite featuring a soaking tub, walk in shower with extensive tilework, dual vanity, and an exceptionally sized walk in closet. Two additional bedrooms, a full bath, and a beautifully appointed laundry room with extensive built ins and a full-size sink complete the upper level. Life in South Shore places lake access, George Rogers Park, Tryon Creek trails, First Addition, acclaimed dining, boutique shopping, farmers markets, and summer concerts just moments from your doorstep. Sophisticated, private, and timeless, this is a rare opportunity to secure one of Lake Oswego's signature new Street of Dreams quality homes.
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FeaturesInteriorInterior Amenities GarageDoorOpener HighCeilings HookupAvailable Laundry SoakingTub
Basement CrawlSpace
Total Fireplaces 2
Fireplace Features Gas
Hot Water Gas Tankless
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 3.1
Total Bedrooms 5
Total Baths 4
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Composition Metal
Appliances ButlersPantry Dishwasher Disposal FreeStandingGasRange Island PlumbedForIceMaker PotFiller RangeHood SolidSurfaceCountertop StainlessSteelAppliance Tile WineCooler
Zoning R7.5
Garage Spaces 3.0
Architectural Style Stories2 Contemporary
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Warranty BuilderWarranty
Parcel Number 00252639
Accessibility GarageonMain MainFloorBedroomBath NaturalLighting WalkinShower
County Clackamas
Property Type Residential
HOA N
Subdivision Name SOUTH SHORE
Full Baths 3
Status Active
Directions South Shore Blvd to Palisades Terrace Dr to W Oak Ter.
High School Lakeridge
City LakeOswego
Disclosures Exempt
MLS Area _147
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional VALoan
Elementary School Hallinan
Tax Annual Amount 0
Middle/Junior High School Lakeridge
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=AAtRjtc1GKw
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 716 SO SHORE GLEN PLAT 1 LT 026
ADU False
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ExteriorExterior Amenities Patio Porch Yard
Parking Features Driveway OnStreet
Lot Features GentleSloping PublicRoad
Water Source PublicWater
Total Parking 3.0
Garage Type Attached Oversized
Exterior Description Brick Cedar CementSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 3269.0
Lot Dimensions Irregular
Lot Size Acres 0.2
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,153
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lake Oswego, OR
Average List Price $1,781,564
Percent of Sale Price 26%
About Lake Oswego, OR 38,782 Population
7% Since 2002
$ 95,347 Median Income
48 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949234 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/14/2026 | $2,399,900 | -4.00% | Price Down |
| 8/3/2026 | $2,499,900 | | Listed Price |