Recently Listed New Construction 1190 OAK TER
Lake Oswego, OR, 97034 $ 2,499,900
Bedrooms5 Baths3.1 Sq 3,272 Monthly Estimate*
$ 15,785
for $2,499,900 with 5 bedrooms and 3 full baths, 1 half bath. This 3,272 square foot home was built in 2026 on a lot size of 0.19.
Under construction in Lake Terrace, this Lake Oswego residence is being built by a multi-year Street of Dreams builder in the coveted South Shore neighborhood. Planned at 3,269 square feet, the home pairs modern Northwest architecture with warm natural materials, refined designer finishes, and a versatile 5 bedroom, 3.1 bath layout with an attached 3 car garage. The main level is designed around an impressive two-story great room with a statement gas fireplace, expansive window lines, and a natural connection between the living, dining, and kitchen spaces. The gourmet kitchen is planned as a true centerpiece with an oversized island, gas range, custom statement hood, tailored cabinetry, designer tile, and walk in pantry, all positioned to extend toward the covered outdoor living area for easy indoor outdoor flow. A main level guest room and separate office or 5th bedroom share access to a full bath, creating flexible space for guests, work, hobbies, or long-term needs. A mud room adds everyday function between the garage and main living areas. Upstairs, the primary suite is designed as a quiet retreat with generous natural light, a spa inspired ensuite, soaking tub, walk in shower with extensive tilework, dual vanity, and an impressive walk in closet. An upper sitting area, 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. The home's scale, thoughtful room placement, covered outdoor living, and curated material palette create a polished balance of comfort, function, and elevated design. Enjoy close proximity to Oswego Lake amenities, George Rogers Park, Tryon Creek trails, Lake View Village, Millennium Plaza Park, downtown Lake Oswego, dining, coffee, shopping, farmers markets, and seasonal community events. A compelling opportunity to secure new construction in one of Lake Oswego's most desirable neighborhood settings while the home is still in progress.
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FeaturesInteriorInterior Amenities GarageDoorOpener HighCeilings HookupAvailable Laundry SoakingTub
Basement CrawlSpace
Total Fireplaces 1
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 Dishwasher Disposal FreeStandingGasRange Island Pantry PlumbedForIceMaker PotFiller RangeHood SolidSurfaceCountertop StainlessSteelAppliance
Garage Spaces 3.0
Architectural Style Stories2 Contemporary
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Warranty BuilderWarranty
Parcel Number 00252648
Accessibility GarageonMain MainFloorBedroomBath NaturalLighting UtilityRoomOnMain 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 Disclosure
MLS Area _147
Lot Size Square Feet 8276.0
Listing Terms Cash Conventional VALoan
Elementary School Hallinan
Tax Annual Amount 0
Middle/Junior High School Lakeridge
Property Condition UnderConstruction
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 27
ADU False
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ExteriorExterior Amenities CoveredPatio Yard
Parking Features Driveway OnStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 3.0
Garage Type Attached Oversized
Exterior Description Brick Cedar CementSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 3272.0
Lot Size Acres 0.19
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,785
- 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 $1,892,447
Percent of Sale Price 24%
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 |
|---|
| 8/4/2026 | $2,499,900 | | Listed Price |