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951 Atwater Rd, Lake Oswego, OR 97034 — photograph 1

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951 Atwater Rd, Lake Oswego, OR 97034 — photograph 1
6 Beds5.5 Baths7,773 sqft

951 Atwater Rd, Lake Oswego

$5,495,000

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ActiveMLS®: 540798156Listing held by another brokerage, marked RMLS
Price per sqft
$706.93
Built in
2004
Property size
7,773 sqft
Lot size
1.88 acres
Property type
Residential
Days on market
189

Overview

Introducing a truly exceptional rare retreat in the heart of Lake Oswego set on 1.88 private acres in unincorporated Clackamas County, this gated estate offers an extraordinary blend of luxury, comfort & seclusion.The outdoor setting is a showpiece, centered around a resort-style pool & an impressive vaulted pool/guest house designed for unforgettable entertaining.The 7,773sf grand primary residence is ideal for both large-scale gatherings as well as everyday living.The main level is highlighted by a vaulted primary suite, privately positioned complete with a generous custom dressing room & convenient laundry. The center of the home offers a chef's kitchen with high end finishings, dramatic great room, grand scale formal dining room with custom buffet, a refined library complete with a custom rolling ladder, 2nd main level bedroom, office & a fully equipped lower-level theater. Throughout, soaring ceilings with rich wood beam accents & expansive windows create a bright, airy atmosphere while maintaining a strong sense of privacy. Upstairs, a distinctive split layout separates a spacious guest suite—featuring its own laundry & storage/bonus space—from the separate upper level offering three bedrooms, playroom & a dedicated fitness room. Additional amenities include outdoor fireplace, an oversized three-car attached garage, RV parking and picturesque gardens with expansive lawns, meandering walking paths, huge verandah & custom lighting. Versatile 1390 sf pool/guest house features a stage, fireplace, stylish bar & kitchenette, dedicated office or studio, 1 1/2 baths, plethora of storage, plus an additional oversized two-car garage/shop suitable for a lift. Bordering the 6.8-acre Woodmont Park & near Tryon Creek State Park with miles of scenic trails, this property is located in the highly desirable Forest Highlands neighborhood, just minutes from top-rated schools, charming Lake Oswego Village & Lake Grove restaurants, cafes, shops, golf, gourmet markets and more!

Details

Interior

Interior features
Third Floor, Central Vacuum, Dumbwaiter, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Home Theater, Laundry, Quartz, Separate Living Quarters / Apartment / Aux Living Unit, Slate Flooring, Soaking Tub, Sound System, Sprinkler, Tile Floor, Vaulted Ceiling, Wall to Wall Carpet, Washer / Dryer, Water Purifier
Appliances
Appliance Garage, Built-in Oven, Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Gas Appliances, Granite, Island, Microwave, Pantry, Pot Filler, Range Hood
Fireplace
Yes
Fireplaces
3
Fireplace description
Gas
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air, Mini Split
Windows
Double Pane Windows, Wood Frames

Exterior and lot

Lot size
1.88 acres
Exterior features
Built-in Barbecue, Built-in Hot Tub, Covered Patio, Deck, Fenced, Guest Quarters, In Ground Pool, Outdoor Fireplace, Patio, RV Parking, RV / Boat Storage, Second Garage, Second Residence, Security Lights, Sprinkler, Tool Shed, Workshop, Yard
Lot features
Gated, Level, Private, Trees
Architectural style
Custom Style, Traditional
Roof
Composition
View
Yes
View description
Park / Greenbelt, Trees / Woods

Utilities

Sewer
Septic Tank
Water source
Public Water

Parking

Garage spaces
5
Parking
Driveway, RV Access Parking
Total parking
5

Schools

High school
Lake Oswego
Middle school
Lake Oswego
Elementary school
Forest Hills

Location

City
Lake Oswego
County
Clackamas
Zoning
R20
Subdivision
FOREST HIGHLANDS

Taxes and dues

Annual taxes
$49,645 (2026)

Location

951 Atwater Rd, Lake Oswego, OR 97034

Map showing the location of 951 Atwater Rd, Lake Oswego, OR 97034
© Mapbox © OpenStreetMap

Monthly payment estimate

$33,384 /mo

20% · $1,099,000
7.00%
Principal and interest
$29,247
Property tax (2026)
$4,137
Total
$33,384

Estimate only, and not an offer of credit. Assumes 20% down ($1,099,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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